Shenzhen Sunline Tech Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Sunline Tech has a total shareholder equity of CN¥2.0B and total debt of CN¥351.1M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are CN¥3.0B and CN¥979.7M respectively. Shenzhen Sunline Tech's EBIT is CN¥47.9M making its interest coverage ratio 7.3. It has cash and short-term investments of CN¥539.9M.
Key information
17.5%
Debt to equity ratio
CN¥351.08m
Debt
| Interest coverage ratio | 7.3x |
| Cash | CN¥539.92m |
| Equity | CN¥2.01b |
| Total liabilities | CN¥979.75m |
| Total assets | CN¥2.99b |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By Shenzhen Sunline Tech Co., Ltd.'s (SZSE:300348) 27% Share Price Surge
Nov 14
Shenzhen Sunline Tech (SZSE:300348) Strong Profits May Be Masking Some Underlying Issues
Nov 01Shenzhen Sunline Tech Co., Ltd.'s (SZSE:300348) Shares Leap 33% Yet They're Still Not Telling The Full Story
Sep 27Here's Why Shenzhen Sunline Tech (SZSE:300348) Has A Meaningful Debt Burden
Jun 08Results: Shenzhen Sunline Tech Co., Ltd. Delivered A Surprise Loss And Now Analysts Have New Forecasts
Apr 28Shenzhen Sunline Tech Co., Ltd. (SZSE:300348) Analysts Are More Bearish Than They Used To Be
Apr 26Shenzhen Sunline Tech's (SZSE:300348) Strong Earnings Are Of Good Quality
Apr 25Investors Still Aren't Entirely Convinced By Shenzhen Sunline Tech Co., Ltd.'s (SZSE:300348) Revenues Despite 32% Price Jump
Mar 06Financial Position Analysis
Short Term Liabilities: 300348's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥920.2M).
Long Term Liabilities: 300348's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥59.6M).
Debt to Equity History and Analysis
Debt Level: 300348 has more cash than its total debt.
Reducing Debt: 300348's debt to equity ratio has reduced from 66.4% to 17.5% over the past 5 years.
Debt Coverage: 300348's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 300348's interest payments on its debt are well covered by EBIT (7.3x coverage).