Shandong Sunpaper Balance Sheet Health
Financial Health criteria checks 4/6
Shandong Sunpaper has a total shareholder equity of CN¥27.1B and total debt of CN¥17.1B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are CN¥51.0B and CN¥23.8B respectively. Shandong Sunpaper's EBIT is CN¥4.6B making its interest coverage ratio 7.3. It has cash and short-term investments of CN¥2.4B.
Key information
63.0%
Debt to equity ratio
CN¥17.09b
Debt
| Interest coverage ratio | 7.3x |
| Cash | CN¥2.42b |
| Equity | CN¥27.15b |
| Total liabilities | CN¥23.83b |
| Total assets | CN¥50.98b |
Recent financial health updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Shandong Sunpaper (SZSE:002078)
Apr 29
Earnings Update: Here's Why Analysts Just Lifted Their Shandong Sunpaper Co., Ltd. (SZSE:002078) Price Target To CN¥15.57
Apr 14Shandong Sunpaper (SZSE:002078) Ticks All The Boxes When It Comes To Earnings Growth
Mar 30Is Shandong Sunpaper (SZSE:002078) Using Too Much Debt?
Mar 15Shandong Sunpaper Co., Ltd.'s (SZSE:002078) Share Price Is Matching Sentiment Around Its Earnings
Feb 29Financial Position Analysis
Short Term Liabilities: 002078's short term assets (CN¥13.4B) do not cover its short term liabilities (CN¥15.2B).
Long Term Liabilities: 002078's short term assets (CN¥13.4B) exceed its long term liabilities (CN¥8.6B).
Debt to Equity History and Analysis
Debt Level: 002078's net debt to equity ratio (54%) is considered high.
Reducing Debt: 002078's debt to equity ratio has reduced from 74.4% to 63% over the past 5 years.
Debt Coverage: 002078's debt is well covered by operating cash flow (32.7%).
Interest Coverage: 002078's interest payments on its debt are well covered by EBIT (7.3x coverage).