Shenzhen Sunrise New Energy Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Sunrise New Energy has a total shareholder equity of CN¥1.2B and total debt of CN¥2.8M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.6B and CN¥401.0M respectively. Shenzhen Sunrise New Energy's EBIT is CN¥61.7M making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥34.7M.
Key information
0.2%
Debt to equity ratio
CN¥2.80m
Debt
| Interest coverage ratio | -5.1x |
| Cash | CN¥34.73m |
| Equity | CN¥1.21b |
| Total liabilities | CN¥401.02m |
| Total assets | CN¥1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002256's short term assets (CN¥760.4M) exceed its short term liabilities (CN¥186.2M).
Long Term Liabilities: 002256's short term assets (CN¥760.4M) exceed its long term liabilities (CN¥214.8M).
Debt to Equity History and Analysis
Debt Level: 002256 has more cash than its total debt.
Reducing Debt: 002256's debt to equity ratio has reduced from 30.2% to 0.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002256 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002256 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.5% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 04:55 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shenzhen Sunrise New Energy Co., Ltd. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Quanzhi Lu | Avic Securities Co., Ltd |
| Bo Hua Wu | Changjiang Securities Co. LTD. |
| Xian Chao Zhang | China Stock Investment Research Co. Ltd. (GZ500..com) |