Sanan OptoelectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sanan OptoelectronicsLtd has a total shareholder equity of CN¥37.3B and total debt of CN¥10.6B, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are CN¥57.7B and CN¥20.5B respectively.
Key information
28.5%
Debt to equity ratio
CN¥10.61b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥9.42b |
| Equity | CN¥37.28b |
| Total liabilities | CN¥20.47b |
| Total assets | CN¥57.75b |
Recent financial health updates
No updates
Recent updates
The Market Doesn't Like What It Sees From Sanan Optoelectronics Co.,Ltd's (SHSE:600703) Revenues Yet
Jul 24
Earnings 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¥11.7B).
Long Term Liabilities: 600703's short term assets (CN¥21.5B) exceed its long term liabilities (CN¥8.7B).
Debt to Equity History and Analysis
Debt Level: 600703's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 600703's debt to equity ratio has increased from 23.4% to 28.5% over the past 5 years.
Debt Coverage: 600703's debt is well covered by operating cash flow (40.3%).
Interest Coverage: Insufficient data to determine if 600703's interest payments on its debt are well covered by EBIT.