Sun Create Electronics Balance Sheet Health
Financial Health criteria checks 2/6
Sun Create Electronics has a total shareholder equity of CN¥2.2B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 82.5%. Its total assets and total liabilities are CN¥6.2B and CN¥4.0B respectively.
Key information
82.5%
Debt to equity ratio
CN¥1.81b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥135.91m |
| Equity | CN¥2.19b |
| Total liabilities | CN¥4.02b |
| Total assets | CN¥6.21b |
Recent financial health updates
Recent updates
Improved Revenues Required Before Sun Create Electronics Co., Ltd (SHSE:600990) Stock's 34% Jump Looks Justified
May 08
These 4 Measures Indicate That Sun Create Electronics (SHSE:600990) Is Using Debt Extensively
Mar 25Sun Create Electronics Co., Ltd's (SHSE:600990) Shares Bounce 36% But Its Business Still Trails The Industry
Mar 06The Returns On Capital At Sun Create Electronics (SHSE:600990) Don't Inspire Confidence
Feb 28Financial Position Analysis
Short Term Liabilities: 600990's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 600990's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥791.6M).
Debt to Equity History and Analysis
Debt Level: 600990's net debt to equity ratio (76.2%) is considered high.
Reducing Debt: 600990's debt to equity ratio has increased from 56.1% to 82.5% over the past 5 years.
Debt Coverage: 600990's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600990's interest payments on its debt are well covered by EBIT.