Shenzhen Sunline Tech Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Sunline Tech has a total shareholder equity of CN¥1.6B and total debt of CN¥303.7M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are CN¥2.4B and CN¥867.0M respectively. Shenzhen Sunline Tech's EBIT is CN¥56.1M making its interest coverage ratio 8.4. It has cash and short-term investments of CN¥228.9M.
Key information
19.2%
Debt to equity ratio
CN¥303.70m
Debt
Interest coverage ratio | 8.4x |
Cash | CN¥228.93m |
Equity | CN¥1.58b |
Total liabilities | CN¥866.98m |
Total assets | CN¥2.45b |
Recent financial health updates
No updates
Recent updates
Results: 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¥2.0B) exceed its short term liabilities (CN¥795.8M).
Long Term Liabilities: 300348's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥71.2M).
Debt to Equity History and Analysis
Debt Level: 300348's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: 300348's debt to equity ratio has increased from 16.8% to 19.2% over the past 5 years.
Debt Coverage: 300348's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 300348's interest payments on its debt are well covered by EBIT (8.4x coverage).