Sunrise Manufacture Group Balance Sheet Health
Financial Health criteria checks 2/6
Sunrise Manufacture Group has a total shareholder equity of CN¥2.6B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 134.9%. Its total assets and total liabilities are CN¥7.0B and CN¥4.4B respectively. Sunrise Manufacture Group's EBIT is CN¥131.7M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥520.5M.
Key information
134.9%
Debt to equity ratio
CN¥3.55b
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥520.46m |
| Equity | CN¥2.63b |
| Total liabilities | CN¥4.36b |
| Total assets | CN¥6.99b |
Recent financial health updates
No updates
Recent updates
Earnings Troubles May Signal Larger Issues for Sunrise Manufacture Group (SHSE:605138) Shareholders
Nov 05
The Consensus EPS Estimates For Sunrise Manufacture Group Co., Ltd. (SHSE:605138) Just Fell Dramatically
May 10Is Sunrise Manufacture Group Co., Ltd. (SHSE:605138) Trading At A 41% Discount?
Mar 21Financial Position Analysis
Short Term Liabilities: 605138's short term assets (CN¥2.3B) do not cover its short term liabilities (CN¥2.4B).
Long Term Liabilities: 605138's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 605138's net debt to equity ratio (115.1%) is considered high.
Reducing Debt: 605138's debt to equity ratio has reduced from 183.9% to 134.9% over the past 5 years.
Debt Coverage: 605138's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 605138's interest payments on its debt are not well covered by EBIT (1.1x coverage).