Shenzhen Sunnypol OptoelectronicsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Sunnypol OptoelectronicsLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 78.1%. Its total assets and total liabilities are CN¥4.9B and CN¥2.5B respectively. Shenzhen Sunnypol OptoelectronicsLtd's EBIT is CN¥81.7M making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥356.7M.
Key information
78.1%
Debt to equity ratio
CN¥1.84b
Debt
| Interest coverage ratio | 2.8x |
| Cash | CN¥356.73m |
| Equity | CN¥2.36b |
| Total liabilities | CN¥2.51b |
| Total assets | CN¥4.87b |
Recent financial health updates
Recent updates
Shenzhen Sunnypol Optoelectronics Co.,Ltd. (SZSE:002876) Stock Rockets 37% But Many Are Still Ignoring The Company
Nov 08
Investors Still Waiting For A Pull Back In Shenzhen Sunnypol Optoelectronics Co.,Ltd. (SZSE:002876)
Jul 19Shenzhen Sunnypol OptoelectronicsLtd's (SZSE:002876) Dividend Is Being Reduced To CN¥0.025
May 24Analysts Just Shaved Their Shenzhen Sunnypol Optoelectronics Co.,Ltd. (SZSE:002876) Forecasts Dramatically
May 23Why Shenzhen Sunnypol Optoelectronics Co.,Ltd. (SZSE:002876) Could Be Worth Watching
Mar 28After Leaping 29% Shenzhen Sunnypol Optoelectronics Co.,Ltd. (SZSE:002876) Shares Are Not Flying Under The Radar
Mar 06Here's Why Shenzhen Sunnypol OptoelectronicsLtd (SZSE:002876) Has A Meaningful Debt Burden
Feb 28Financial Position Analysis
Short Term Liabilities: 002876's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002876's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥306.5M).
Debt to Equity History and Analysis
Debt Level: 002876's net debt to equity ratio (63%) is considered high.
Reducing Debt: 002876's debt to equity ratio has reduced from 110.3% to 78.1% over the past 5 years.
Debt Coverage: 002876's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: 002876's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 10:45 |
| End of Day Share Price | 2025/01/09 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Shenzhen Sunnypol Optoelectronics Co.,Ltd. is covered by 7 analysts. 1 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 |
| Feng Gao | China Galaxy Securities Co., Ltd. |
| Tao Xu | Citic Securities Co., Ltd. |