Sunyes Manufacturing (Zhejiang) Holding Balance Sheet Health
Financial Health criteria checks 3/6
Sunyes Manufacturing (Zhejiang) Holding has a total shareholder equity of CN¥1.6B and total debt of CN¥740.5M, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are CN¥3.2B and CN¥1.6B respectively.
Key information
47.7%
Debt to equity ratio
CN¥740.45m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥330.68m |
| Equity | CN¥1.55b |
| Total liabilities | CN¥1.60b |
| Total assets | CN¥3.15b |
Recent financial health updates
No updates
Recent updates
Sunyes Manufacturing (Zhejiang) Holding Co., Ltd. (SZSE:002388) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Jun 07
Sunyes 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¥2.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002388's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥93.9M).
Debt to Equity History and Analysis
Debt Level: 002388's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: 002388's debt to equity ratio has increased from 42.2% to 47.7% 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.