Shuhua Sports Balance Sheet Health
Financial Health criteria checks 6/6
Shuhua Sports has a total shareholder equity of CN¥1.2B and total debt of CN¥348.0M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are CN¥2.0B and CN¥752.7M respectively. Shuhua Sports's EBIT is CN¥126.8M making its interest coverage ratio 53.6. It has cash and short-term investments of CN¥604.4M.
Key information
28.0%
Debt to equity ratio
CN¥348.00m
Debt
| Interest coverage ratio | 53.6x |
| Cash | CN¥604.35m |
| Equity | CN¥1.24b |
| Total liabilities | CN¥752.67m |
| Total assets | CN¥2.00b |
Recent financial health updates
Recent updates
There May Be Underlying Issues With The Quality Of Shuhua Sports' (SHSE:605299) Earnings
Nov 04
Bearish: Analysts Just Cut Their Shuhua Sports Co., Ltd. (SHSE:605299) Revenue and EPS estimates
Aug 21Shuhua Sports (SHSE:605299) Will Be Hoping To Turn Its Returns On Capital Around
Aug 03Additional Considerations Required While Assessing Shuhua Sports' (SHSE:605299) Strong Earnings
May 02Shuhua Sports (SHSE:605299) Has A Rock Solid Balance Sheet
Apr 17Earnings Not Telling The Story For Shuhua Sports Co., Ltd. (SHSE:605299) After Shares Rise 29%
Mar 08Financial Position Analysis
Short Term Liabilities: 605299's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥673.9M).
Long Term Liabilities: 605299's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥78.8M).
Debt to Equity History and Analysis
Debt Level: 605299 has more cash than its total debt.
Reducing Debt: 605299's debt to equity ratio has reduced from 34.7% to 28% over the past 5 years.
Debt Coverage: 605299's debt is well covered by operating cash flow (41.5%).
Interest Coverage: 605299's interest payments on its debt are well covered by EBIT (53.6x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 08:58 |
| End of Day Share Price | 2024/12/25 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Shuhua Sports Co., Ltd. is covered by 5 analysts. 2 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 |
|---|---|
| Junhao Fan | China International Capital Corporation Limited |
| Zhuonan Xu | China International Capital Corporation Limited |
| Chongguang Feng | Citic Securities Co., Ltd. |