Sinoma Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sinoma Science & TechnologyLtd has a total shareholder equity of CN¥26.2B and total debt of CN¥16.5B, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are CN¥58.2B and CN¥32.0B respectively. Sinoma Science & TechnologyLtd's EBIT is CN¥1.6B making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥1.6B.
Key information
62.9%
Debt to equity ratio
CN¥16.51b
Debt
| Interest coverage ratio | 4.4x |
| Cash | CN¥1.57b |
| Equity | CN¥26.23b |
| Total liabilities | CN¥31.96b |
| Total assets | CN¥58.19b |
Recent financial health updates
Recent updates
Bearish: Analysts Just Cut Their Sinoma Science & Technology Co.,Ltd. (SZSE:002080) Revenue and EPS estimates
Aug 26
Sinoma 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¥20.2B) exceed its short term liabilities (CN¥19.6B).
Long Term Liabilities: 002080's short term assets (CN¥20.2B) exceed its long term liabilities (CN¥12.4B).
Debt to Equity History and Analysis
Debt Level: 002080's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: 002080's debt to equity ratio has reduced from 70.8% to 62.9% over the past 5 years.
Debt Coverage: 002080's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 002080's interest payments on its debt are well covered by EBIT (4.4x coverage).