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
The Market Doesn't Like What It Sees From Sanan Optoelectronics Co.,Ltd's (SHSE:600703) Revenues Yet
Jan 27
Sanan OptoelectronicsLtd's (SHSE:600703) Solid Profits Have Weak Fundamentals
Nov 05Sanan 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 04:15 |
| End of Day Share Price | 2025/02/07 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.
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
Sanan Optoelectronics Co.,Ltd is covered by 30 analysts. 6 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 |
|---|---|
| Zhiyong Zhu | AJ Securities Co., Ltd |
| Kexin Zhu | BofA Global Research |
| Kexin Zhu | BofA Global Research |