Suntak TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Suntak TechnologyLtd has a total shareholder equity of CN¥7.7B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are CN¥12.3B and CN¥4.6B respectively. Suntak TechnologyLtd's EBIT is CN¥440.3M making its interest coverage ratio 9.4. It has cash and short-term investments of CN¥3.1B.
Key information
29.8%
Debt to equity ratio
CN¥2.28b
Debt
| Interest coverage ratio | 9.4x |
| Cash | CN¥3.05b |
| Equity | CN¥7.65b |
| Total liabilities | CN¥4.64b |
| Total assets | CN¥12.30b |
Recent financial health updates
These 4 Measures Indicate That Suntak TechnologyLtd (SZSE:002815) Is Using Debt Extensively
Oct 14
Suntak TechnologyLtd (SZSE:002815) Seems To Use Debt Quite Sensibly
Mar 25Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Suntak Technology Co.,Ltd. (SZSE:002815)
Nov 22Suntak TechnologyLtd's (SZSE:002815) Conservative Accounting Might Explain Soft Earnings
Nov 04These 4 Measures Indicate That Suntak TechnologyLtd (SZSE:002815) Is Using Debt Extensively
Oct 14Suntak TechnologyLtd (SZSE:002815) Might Be Having Difficulty Using Its Capital Effectively
Sep 25Suntak Technology Co.,Ltd.'s (SZSE:002815) Business Is Yet to Catch Up With Its Share Price
Jul 05The Returns On Capital At Suntak TechnologyLtd (SZSE:002815) Don't Inspire Confidence
Jun 12Suntak TechnologyLtd (SZSE:002815) Is Reducing Its Dividend To CN¥0.20
May 22There May Be Reason For Hope In Suntak TechnologyLtd's (SZSE:002815) Disappointing Earnings
Apr 19Suntak TechnologyLtd (SZSE:002815) Seems To Use Debt Quite Sensibly
Mar 25Suntak Technology Co.,Ltd. (SZSE:002815) Held Back By Insufficient Growth Even After Shares Climb 25%
Mar 04Financial Position Analysis
Short Term Liabilities: 002815's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 002815's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 002815 has more cash than its total debt.
Reducing Debt: 002815's debt to equity ratio has increased from 16% to 29.8% over the past 5 years.
Debt Coverage: 002815's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 002815's interest payments on its debt are well covered by EBIT (9.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:15 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Suntak Technology Co.,Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chen He | Chasing Securities |
| Ben Chang | Haitong International Research Limited |