Sunwave CommunicationsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sunwave CommunicationsLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥583.6M, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are CN¥3.8B and CN¥1.7B respectively. Sunwave CommunicationsLtd's EBIT is CN¥27.0M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥945.7M.
Key information
26.9%
Debt to equity ratio
CN¥583.62m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥945.67m |
| Equity | CN¥2.17b |
| Total liabilities | CN¥1.65b |
| Total assets | CN¥3.82b |
Recent financial health updates
Recent updates
Sunwave Communications Co.Ltd (SZSE:002115) Stock Catapults 25% Though Its Price And Business Still Lag The Industry
Mar 05
Calculating The Fair Value Of Sunwave Communications Co.Ltd (SZSE:002115)
Feb 07Investors Don't See Light At End Of Sunwave Communications Co.Ltd's (SZSE:002115) Tunnel And Push Stock Down 29%
Jan 10Is Sunwave CommunicationsLtd (SZSE:002115) Using Debt In A Risky Way?
Dec 18Sunwave Communications Co.Ltd (SZSE:002115) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Nov 12The Market Doesn't Like What It Sees From Sunwave Communications Co.Ltd's (SZSE:002115) Revenues Yet
Sep 26Why Investors Shouldn't Be Surprised By Sunwave Communications Co.Ltd's (SZSE:002115) P/E
Jun 07Investors Met With Slowing Returns on Capital At Sunwave CommunicationsLtd (SZSE:002115)
Mar 28Sunwave Communications Co.Ltd's (SZSE:002115) Shares Bounce 26% But Its Business Still Trails The Industry
Mar 04Financial Position Analysis
Short Term Liabilities: 002115's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002115's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥242.5M).
Debt to Equity History and Analysis
Debt Level: 002115 has more cash than its total debt.
Reducing Debt: 002115's debt to equity ratio has reduced from 36.2% to 26.9% 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: Insufficient data to determine if 002115 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002115 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/05 02:57 |
| End of Day Share Price | 2025/04/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Sunwave Communications Co.Ltd is covered by 14 analysts. 1 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 |
|---|---|
| Yangsong Wan | AJ Securities Co., Ltd |
| Lu Hu | Changjiang Securities Co. LTD. |
| Liangbi Zhao | China Galaxy Securities Co., Ltd. |