Shenzhen Sunline Tech Co., Ltd.

SZSE:300348 Stock Report

Market Cap: CN¥12.2b

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 ratio7.3x
CashCN¥539.92m
EquityCN¥2.01b
Total liabilitiesCN¥979.75m
Total assetsCN¥2.99b

Recent financial health updates

Here's Why Shenzhen Sunline Tech (SZSE:300348) Has A Meaningful Debt Burden

Jun 08
Here's Why Shenzhen Sunline Tech (SZSE:300348) Has A Meaningful Debt Burden

Recent updates

Investors Could Be Concerned With Shenzhen Sunline Tech's (SZSE:300348) Returns On Capital

Dec 05
Investors Could Be Concerned With Shenzhen Sunline Tech's (SZSE:300348) Returns On Capital

Why Investors Shouldn't Be Surprised By Shenzhen Sunline Tech Co., Ltd.'s (SZSE:300348) 27% Share Price Surge

Nov 14
Why Investors Shouldn't Be Surprised By Shenzhen Sunline Tech Co., Ltd.'s (SZSE:300348) 27% Share Price Surge

Shenzhen Sunline Tech (SZSE:300348) Strong Profits May Be Masking Some Underlying Issues

Nov 01
Shenzhen Sunline Tech (SZSE:300348) Strong Profits May Be Masking Some Underlying Issues

Shenzhen Sunline Tech Co., Ltd.'s (SZSE:300348) Shares Leap 33% Yet They're Still Not Telling The Full Story

Sep 27
Shenzhen Sunline Tech Co., Ltd.'s (SZSE:300348) Shares Leap 33% Yet They're Still Not Telling The Full Story

Here's Why Shenzhen Sunline Tech (SZSE:300348) Has A Meaningful Debt Burden

Jun 08
Here's Why Shenzhen Sunline Tech (SZSE:300348) Has A Meaningful Debt Burden

Results: Shenzhen Sunline Tech Co., Ltd. Delivered A Surprise Loss And Now Analysts Have New Forecasts

Apr 28
Results: Shenzhen Sunline Tech Co., Ltd. Delivered A Surprise Loss And Now Analysts Have New Forecasts

Shenzhen Sunline Tech Co., Ltd. (SZSE:300348) Analysts Are More Bearish Than They Used To Be

Apr 26
Shenzhen Sunline Tech Co., Ltd. (SZSE:300348) Analysts Are More Bearish Than They Used To Be

Shenzhen Sunline Tech's (SZSE:300348) Strong Earnings Are Of Good Quality

Apr 25
Shenzhen Sunline Tech's (SZSE:300348) Strong Earnings Are Of Good Quality

Investors Still Aren't Entirely Convinced By Shenzhen Sunline Tech Co., Ltd.'s (SZSE:300348) Revenues Despite 32% Price Jump

Mar 06
Investors Still Aren't Entirely Convinced By Shenzhen Sunline Tech Co., Ltd.'s (SZSE:300348) Revenues Despite 32% Price Jump

Financial 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).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 09:33
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Shenzhen Sunline Tech Co., Ltd. is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guanfei WeiChina International Capital Corporation Limited
Zeyuan YangCitic Securities Co., Ltd.
Leon QiDaiwa Securities Co. Ltd.