Sunyes Manufacturing (Zhejiang) Holding Balance Sheet Health
Financial Health criteria checks 3/6
Sunyes Manufacturing (Zhejiang) Holding has a total shareholder equity of CN¥1.5B and total debt of CN¥656.5M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are CN¥3.1B and CN¥1.5B respectively.
Key information
42.5%
Debt to equity ratio
CN¥656.45m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥141.58m |
| Equity | CN¥1.54b |
| Total liabilities | CN¥1.53b |
| Total assets | CN¥3.07b |
Recent financial health updates
No updates
Recent updates
Sunyes Manufacturing (Zhejiang) Holding Co., Ltd.'s (SZSE:002388) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Nov 11
Sunyes Manufacturing (Zhejiang) Holding Co., Ltd.'s (SZSE:002388) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Aug 22Sunyes Manufacturing (Zhejiang) Holding Co., Ltd. (SZSE:002388) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Jun 07Sunyes Manufacturing (Zhejiang) Holding's (SZSE:002388) Returns On Capital Not Reflecting Well On The Business
Jun 06Investors Don't See Light At End Of Sunyes Manufacturing (Zhejiang) Holding Co., Ltd.'s (SZSE:002388) Tunnel And Push Stock Down 29%
Apr 22Improved Revenues Required Before Sunyes Manufacturing (Zhejiang) Holding Co., Ltd. (SZSE:002388) Stock's 31% Jump Looks Justified
Mar 07A Look At The Fair Value Of Sunyes Manufacturing (Zhejiang) Holding Co., Ltd. (SZSE:002388)
Feb 29Financial Position Analysis
Short Term Liabilities: 002388's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002388's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥106.6M).
Debt to Equity History and Analysis
Debt Level: 002388's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: 002388's debt to equity ratio has increased from 35.2% to 42.5% over the past 5 years.
Debt Coverage: 002388's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002388's interest payments on its debt are well covered by EBIT.