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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 03:57 |
| End of Day Share Price | 2024/12/27 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
Sanan Optoelectronics Co.,Ltd is covered by 33 analysts. 5 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 |