Sunvim GroupLtd Balance Sheet Health

Financial Health criteria checks 5/6

Sunvim GroupLtd has a total shareholder equity of CN¥4.0B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are CN¥7.7B and CN¥3.7B respectively. Sunvim GroupLtd's EBIT is CN¥562.1M making its interest coverage ratio 12.7. It has cash and short-term investments of CN¥845.9M.

Key information

65.9%

Debt to equity ratio

CN¥2.64b

Debt

Interest coverage ratio12.7x
CashCN¥845.92m
EquityCN¥4.00b
Total liabilitiesCN¥3.75b
Total assetsCN¥7.75b

Recent financial health updates

No updates

Recent updates

Sunvim GroupLtd (SZSE:002083) Will Be Hoping To Turn Its Returns On Capital Around

Sep 30
Sunvim GroupLtd (SZSE:002083) Will Be Hoping To Turn Its Returns On Capital Around

Financial Position Analysis

Short Term Liabilities: 002083's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.5B).

Long Term Liabilities: 002083's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥1.3B).


Debt to Equity History and Analysis

Debt Level: 002083's net debt to equity ratio (44.7%) is considered high.

Reducing Debt: 002083's debt to equity ratio has reduced from 81.6% to 65.9% over the past 5 years.

Debt Coverage: 002083's debt is well covered by operating cash flow (27.5%).

Interest Coverage: 002083's interest payments on its debt are well covered by EBIT (12.7x coverage).


Balance Sheet


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