Fujian Sunner Development Balance Sheet Health
Financial Health criteria checks 3/6
Fujian Sunner Development has a total shareholder equity of CN¥10.3B and total debt of CN¥9.0B, which brings its debt-to-equity ratio to 87.5%. Its total assets and total liabilities are CN¥23.5B and CN¥13.2B respectively. Fujian Sunner Development's EBIT is CN¥704.7M making its interest coverage ratio 6.2. It has cash and short-term investments of CN¥1.9B.
Key information
87.5%
Debt to equity ratio
CN¥8.97b
Debt
Interest coverage ratio | 6.2x |
Cash | CN¥1.85b |
Equity | CN¥10.26b |
Total liabilities | CN¥13.21b |
Total assets | CN¥23.46b |
Recent financial health updates
Recent updates
Here's What's Concerning About Fujian Sunner Development's (SZSE:002299) Returns On Capital
May 28Here's Why Fujian Sunner Development (SZSE:002299) Has A Meaningful Debt Burden
May 13Potential Upside For Fujian Sunner Development Co., Ltd. (SZSE:002299) Not Without Risk
Mar 21Is Fujian Sunner Development Co., Ltd. (SZSE:002299) Trading At A 22% Discount?
Mar 06Financial Position Analysis
Short Term Liabilities: 002299's short term assets (CN¥7.8B) do not cover its short term liabilities (CN¥11.7B).
Long Term Liabilities: 002299's short term assets (CN¥7.8B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 002299's net debt to equity ratio (69.5%) is considered high.
Reducing Debt: 002299's debt to equity ratio has increased from 52.2% to 87.5% over the past 5 years.
Debt Coverage: 002299's debt is well covered by operating cash flow (25.2%).
Interest Coverage: 002299's interest payments on its debt are well covered by EBIT (6.2x coverage).