Guangdong Sunwill Precising PlasticLtd Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Sunwill Precising PlasticLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 98.2%. Its total assets and total liabilities are CN¥3.7B and CN¥2.3B respectively. Guangdong Sunwill Precising PlasticLtd's EBIT is CN¥91.8M making its interest coverage ratio 3.5. It has cash and short-term investments of CN¥278.2M.
Key information
98.2%
Debt to equity ratio
CN¥1.32b
Debt
| Interest coverage ratio | 3.5x |
| Cash | CN¥278.21m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥2.35b |
| Total assets | CN¥3.69b |
Recent financial health updates
Recent updates
Guangdong Sunwill Precising Plastic Co.,Ltd's (SZSE:002676) Shares Bounce 39% But Its Business Still Trails The Industry
Oct 23
Guangdong Sunwill Precising Plastic Co.,Ltd (SZSE:002676) Looks Inexpensive But Perhaps Not Attractive Enough
Jun 20Here's Why Guangdong Sunwill Precising PlasticLtd (SZSE:002676) Has A Meaningful Debt Burden
Mar 28Guangdong Sunwill Precising Plastic Co.,Ltd (SZSE:002676) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Mar 08Financial Position Analysis
Short Term Liabilities: 002676's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002676's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥589.6M).
Debt to Equity History and Analysis
Debt Level: 002676's net debt to equity ratio (77.5%) is considered high.
Reducing Debt: 002676's debt to equity ratio has increased from 41.1% to 98.2% over the past 5 years.
Debt Coverage: 002676's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: 002676's interest payments on its debt are well covered by EBIT (3.5x coverage).