SICC Balance Sheet Health
Financial Health criteria checks 5/6
SICC has a total shareholder equity of CN¥5.3B and total debt of CN¥500.0M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are CN¥7.1B and CN¥1.9B respectively. SICC's EBIT is CN¥99.0M making its interest coverage ratio -9.7. It has cash and short-term investments of CN¥1.0B.
Key information
9.5%
Debt to equity ratio
CN¥500.00m
Debt
| Interest coverage ratio | -9.7x |
| Cash | CN¥1.03b |
| Equity | CN¥5.28b |
| Total liabilities | CN¥1.86b |
| Total assets | CN¥7.14b |
Recent financial health updates
Is SICC (SHSE:688234) A Risky Investment?
Nov 27
We Think SICC (SHSE:688234) Can Stay On Top Of Its Debt
Aug 23Recent updates
Is SICC (SHSE:688234) A Risky Investment?
Nov 27We Think That There Are Issues Underlying SICC's (SHSE:688234) Earnings
Nov 06SICC Co., Ltd. Just Recorded A 66% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 25We Think SICC (SHSE:688234) Can Stay On Top Of Its Debt
Aug 23We Think Shareholders Should Be Aware Of Some Factors Beyond SICC's (SHSE:688234) Profit
May 06Investors Appear Satisfied With SICC Co., Ltd.'s (SHSE:688234) Prospects As Shares Rocket 28%
Mar 04Financial Position Analysis
Short Term Liabilities: 688234's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688234's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥489.4M).
Debt to Equity History and Analysis
Debt Level: 688234 has more cash than its total debt.
Reducing Debt: 688234's debt to equity ratio has reduced from 165.6% to 9.5% over the past 5 years.
Debt Coverage: 688234's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688234 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 07:32 |
| End of Day Share Price | 2024/12/26 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
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 .
Analyst Sources
SICC Co., Ltd. is covered by 17 analysts. 10 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 |
|---|---|
| Feng Gao | China Galaxy Securities Co., Ltd. |
| Feng Gao | China Galaxy Securities Co., Ltd. |
| Feng Gao | China Galaxy Securities Co., Ltd. |