Suzhou SONAVOX Electronics Co.,Ltd.

SHSE:688533 Stock Report

Market Cap: CN¥5.4b

Suzhou SONAVOX ElectronicsLtd Balance Sheet Health

Financial Health criteria checks 5/6

Suzhou SONAVOX ElectronicsLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥977.8M, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are CN¥3.2B and CN¥1.7B respectively. Suzhou SONAVOX ElectronicsLtd's EBIT is CN¥317.5M making its interest coverage ratio 14.2. It has cash and short-term investments of CN¥462.2M.

Key information

66.6%

Debt to equity ratio

CN¥977.84m

Debt

Interest coverage ratio14.2x
CashCN¥462.20m
EquityCN¥1.47b
Total liabilitiesCN¥1.71b
Total assetsCN¥3.17b

Recent financial health updates

Recent updates

Returns On Capital At Suzhou SONAVOX ElectronicsLtd (SHSE:688533) Have Stalled

Nov 28
Returns On Capital At Suzhou SONAVOX ElectronicsLtd (SHSE:688533) Have Stalled

Market Might Still Lack Some Conviction On Suzhou SONAVOX Electronics Co.,Ltd. (SHSE:688533) Even After 38% Share Price Boost

Oct 01
Market Might Still Lack Some Conviction On Suzhou SONAVOX Electronics Co.,Ltd. (SHSE:688533) Even After 38% Share Price Boost

Suzhou SONAVOX ElectronicsLtd (SHSE:688533) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Sep 05
Suzhou SONAVOX ElectronicsLtd (SHSE:688533) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Suzhou SONAVOX ElectronicsLtd (SHSE:688533) May Have Issues Allocating Its Capital

Jun 07
Suzhou SONAVOX ElectronicsLtd (SHSE:688533) May Have Issues Allocating Its Capital

Is Suzhou SONAVOX ElectronicsLtd (SHSE:688533) A Risky Investment?

May 01
Is Suzhou SONAVOX ElectronicsLtd (SHSE:688533) A Risky Investment?

It's A Story Of Risk Vs Reward With Suzhou SONAVOX Electronics Co.,Ltd. (SHSE:688533)

Mar 28
It's A Story Of Risk Vs Reward With Suzhou SONAVOX Electronics Co.,Ltd. (SHSE:688533)

Financial Position Analysis

Short Term Liabilities: 688533's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.1B).

Long Term Liabilities: 688533's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥604.3M).


Debt to Equity History and Analysis

Debt Level: 688533's net debt to equity ratio (35.1%) is considered satisfactory.

Reducing Debt: 688533's debt to equity ratio has increased from 43.8% to 66.6% over the past 5 years.

Debt Coverage: 688533's debt is well covered by operating cash flow (23%).

Interest Coverage: 688533's interest payments on its debt are well covered by EBIT (14.2x coverage).


Balance Sheet


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