Shenzhen Sunlord ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Sunlord ElectronicsLtd has a total shareholder equity of CN¥6.5B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are CN¥12.5B and CN¥6.0B respectively. Shenzhen Sunlord ElectronicsLtd's EBIT is CN¥965.6M making its interest coverage ratio 10.7. It has cash and short-term investments of CN¥578.9M.
Key information
60.2%
Debt to equity ratio
CN¥3.90b
Debt
Interest coverage ratio | 10.7x |
Cash | CN¥578.92m |
Equity | CN¥6.47b |
Total liabilities | CN¥6.02b |
Total assets | CN¥12.49b |
Recent financial health updates
Recent updates
Shenzhen Sunlord ElectronicsLtd (SZSE:002138) Hasn't Managed To Accelerate Its Returns
May 02Shenzhen Sunlord ElectronicsLtd's (SZSE:002138) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 27Shenzhen Sunlord ElectronicsLtd (SZSE:002138) Seems To Use Debt Quite Sensibly
Mar 22Shenzhen Sunlord Electronics Co.,Ltd.'s (SZSE:002138) P/E Is Still On The Mark Following 27% Share Price Bounce
Mar 04Financial Position Analysis
Short Term Liabilities: 002138's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 002138's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 002138's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: 002138's debt to equity ratio has increased from 7.4% to 60.2% over the past 5 years.
Debt Coverage: 002138's debt is well covered by operating cash flow (32.7%).
Interest Coverage: 002138's interest payments on its debt are well covered by EBIT (10.7x coverage).