Sunwave CommunicationsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sunwave CommunicationsLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥522.1M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are CN¥4.4B and CN¥2.0B respectively.
Key information
21.4%
Debt to equity ratio
CN¥522.06m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.01b |
| Equity | CN¥2.44b |
| Total liabilities | CN¥2.01b |
| Total assets | CN¥4.45b |
Recent financial health updates
Recent updates
Is Sunwave CommunicationsLtd (SZSE:002115) Using Debt In A Risky Way?
Dec 18
Sunwave 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¥2.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002115's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥137.5M).
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 36.7% to 21.4% 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: Whilst unprofitable 002115 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002115 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 20:14 |
| End of Day Share Price | 2024/12/25 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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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 .
Analyst Sources
Sunwave Communications Co.Ltd is covered by 18 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 |
|---|---|
| Yangsong Wan | AJ Securities Co., Ltd |
| Lu Hu | Changjiang Securities Co. LTD. |
| Liangbi Zhao | China Galaxy Securities Co., Ltd. |