Sany Renewable EnergyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sany Renewable EnergyLtd has a total shareholder equity of CN¥12.6B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are CN¥37.1B and CN¥24.5B respectively. Sany Renewable EnergyLtd's EBIT is CN¥164.7M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥8.7B.
Key information
35.9%
Debt to equity ratio
CN¥4.51b
Debt
| Interest coverage ratio | -0.1x |
| Cash | CN¥8.65b |
| Equity | CN¥12.58b |
| Total liabilities | CN¥24.52b |
| Total assets | CN¥37.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688349's short term assets (CN¥25.2B) exceed its short term liabilities (CN¥20.4B).
Long Term Liabilities: 688349's short term assets (CN¥25.2B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 688349 has more cash than its total debt.
Reducing Debt: 688349's debt to equity ratio has increased from 3% to 35.9% over the past 5 years.
Debt Coverage: 688349's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688349 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 12:34 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sany Renewable Energy Co.,Ltd. is covered by 8 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lin Huang | China Galaxy Securities Co., Ltd. |
| Ran Zhou | China Galaxy Securities Co., Ltd. |
| Yunji Che | China International Capital Corporation Limited |