Sinoma Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sinoma Science & TechnologyLtd has a total shareholder equity of CN¥26.4B and total debt of CN¥17.1B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are CN¥58.4B and CN¥31.9B respectively. Sinoma Science & TechnologyLtd's EBIT is CN¥1.2B making its interest coverage ratio 3.1. It has cash and short-term investments of CN¥1.7B.
Key information
64.7%
Debt to equity ratio
CN¥17.08b
Debt
Interest coverage ratio | 3.1x |
Cash | CN¥1.67b |
Equity | CN¥26.42b |
Total liabilities | CN¥31.94b |
Total assets | CN¥58.36b |
Recent financial health updates
Recent updates
Sinoma Science & TechnologyLtd's (SZSE:002080) Problems Go Beyond Weak Profit
Nov 04Even With A 44% Surge, Cautious Investors Are Not Rewarding Sinoma Science & Technology Co.,Ltd.'s (SZSE:002080) Performance Completely
Oct 08Should You Investigate Sinoma Science & Technology Co.,Ltd. (SZSE:002080) At CN¥9.99?
Sep 25Estimating The Fair Value Of Sinoma Science & Technology Co.,Ltd. (SZSE:002080)
Sep 10Bearish: Analysts Just Cut Their Sinoma Science & Technology Co.,Ltd. (SZSE:002080) Revenue and EPS estimates
Aug 26Sinoma Science & TechnologyLtd (SZSE:002080) Might Be Having Difficulty Using Its Capital Effectively
Aug 21These 4 Measures Indicate That Sinoma Science & TechnologyLtd (SZSE:002080) Is Using Debt Extensively
Jul 25Why Sinoma Science & Technology Co.,Ltd. (SZSE:002080) Could Be Worth Watching
Jun 10Sinoma Science & TechnologyLtd (SZSE:002080) Has Announced That Its Dividend Will Be Reduced To CN¥0.56
May 27Capital Allocation Trends At Sinoma Science & TechnologyLtd (SZSE:002080) Aren't Ideal
May 13Are Sinoma Science & Technology Co.,Ltd. (SZSE:002080) Investors Paying Above The Intrinsic Value?
Apr 14Earnings Troubles May Signal Larger Issues for Sinoma Science & TechnologyLtd (SZSE:002080) Shareholders
Mar 31Sinoma Science & Technology Co.,Ltd.'s (SZSE:002080) Price Is Right But Growth Is Lacking
Mar 14Should You Think About Buying Sinoma Science & Technology Co.,Ltd. (SZSE:002080) Now?
Feb 28Financial Position Analysis
Short Term Liabilities: 002080's short term assets (CN¥19.7B) exceed its short term liabilities (CN¥19.2B).
Long Term Liabilities: 002080's short term assets (CN¥19.7B) exceed its long term liabilities (CN¥12.8B).
Debt to Equity History and Analysis
Debt Level: 002080's net debt to equity ratio (58.3%) is considered high.
Reducing Debt: 002080's debt to equity ratio has reduced from 68.1% to 64.7% over the past 5 years.
Debt Coverage: 002080's debt is well covered by operating cash flow (37.7%).
Interest Coverage: 002080's interest payments on its debt are well covered by EBIT (3.1x coverage).