Sanan OptoelectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sanan OptoelectronicsLtd has a total shareholder equity of CN¥36.8B and total debt of CN¥11.6B, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are CN¥59.1B and CN¥22.3B respectively.
Key information
31.4%
Debt to equity ratio
CN¥11.56b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥9.00b |
| Equity | CN¥36.82b |
| Total liabilities | CN¥22.26b |
| Total assets | CN¥59.08b |
Recent financial health updates
Recent updates
Sanan OptoelectronicsLtd's (SHSE:600703) Solid Profits Have Weak Fundamentals
Nov 05
Sanan Optoelectronics Co.,Ltd's (SHSE:600703) Share Price Boosted 34% But Its Business Prospects Need A Lift Too
Oct 18Sanan OptoelectronicsLtd (SHSE:600703) Is Carrying A Fair Bit Of Debt
Aug 20The Market Doesn't Like What It Sees From Sanan Optoelectronics Co.,Ltd's (SHSE:600703) Revenues Yet
Jul 24Earnings Troubles May Signal Larger Issues for Sanan OptoelectronicsLtd (SHSE:600703) Shareholders
May 03Sanan Optoelectronics Co.,Ltd Just Missed EPS By 58%: Here's What Analysts Think Will Happen Next
Apr 30Sanan Optoelectronics Co.,Ltd's (SHSE:600703) Prospects Need A Boost To Lift Shares
Mar 27Financial Position Analysis
Short Term Liabilities: 600703's short term assets (CN¥21.5B) exceed its short term liabilities (CN¥13.1B).
Long Term Liabilities: 600703's short term assets (CN¥21.5B) exceed its long term liabilities (CN¥9.2B).
Debt to Equity History and Analysis
Debt Level: 600703's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 600703's debt to equity ratio has increased from 13.8% to 31.4% over the past 5 years.
Debt Coverage: 600703's debt is well covered by operating cash flow (38.8%).
Interest Coverage: Insufficient data to determine if 600703's interest payments on its debt are well covered by EBIT.