Ningbo Sunrise Elc Technology Co.,Ltd

SZSE:002937 Stock Report

Market Cap: CN¥5.2b

Ningbo Sunrise Elc TechnologyLtd Balance Sheet Health

Financial Health criteria checks 5/6

Ningbo Sunrise Elc TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥397.2M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are CN¥2.5B and CN¥905.4M respectively. Ningbo Sunrise Elc TechnologyLtd's EBIT is CN¥295.3M making its interest coverage ratio -184.3. It has cash and short-term investments of CN¥882.9M.

Key information

25.4%

Debt to equity ratio

CN¥397.19m

Debt

Interest coverage ratio-184.3x
CashCN¥882.92m
EquityCN¥1.56b
Total liabilitiesCN¥905.41m
Total assetsCN¥2.47b

Recent financial health updates

These 4 Measures Indicate That Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Is Using Debt Safely

Feb 27
These 4 Measures Indicate That Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Is Using Debt Safely

Recent updates

Ningbo Sunrise Elc TechnologyLtd's (SZSE:002937) Profits Appear To Have Quality Issues

Nov 04
Ningbo Sunrise Elc TechnologyLtd's (SZSE:002937) Profits Appear To Have Quality Issues

Market Cool On Ningbo Sunrise Elc Technology Co.,Ltd's (SZSE:002937) Earnings

Oct 15
Market Cool On Ningbo Sunrise Elc Technology Co.,Ltd's (SZSE:002937) Earnings

Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Ticks All The Boxes When It Comes To Earnings Growth

Sep 12
Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Ticks All The Boxes When It Comes To Earnings Growth

Ningbo Sunrise Elc Technology Co.,Ltd (SZSE:002937) Screens Well But There Might Be A Catch

Jul 03
Ningbo Sunrise Elc Technology Co.,Ltd (SZSE:002937) Screens Well But There Might Be A Catch

Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Will Pay A Larger Dividend Than Last Year At CN¥0.30

Jun 02
Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Will Pay A Larger Dividend Than Last Year At CN¥0.30

Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Has More To Do To Multiply In Value Going Forward

May 29
Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Has More To Do To Multiply In Value Going Forward

Ningbo Sunrise Elc TechnologyLtd's (SZSE:002937) Solid Earnings May Rest On Weak Foundations

Apr 23
Ningbo Sunrise Elc TechnologyLtd's (SZSE:002937) Solid Earnings May Rest On Weak Foundations

Ningbo Sunrise Elc Technology Co.,Ltd's (SZSE:002937) Price Is Right But Growth Is Lacking After Shares Rocket 33%

Mar 07
Ningbo Sunrise Elc Technology Co.,Ltd's (SZSE:002937) Price Is Right But Growth Is Lacking After Shares Rocket 33%

These 4 Measures Indicate That Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Is Using Debt Safely

Feb 27
These 4 Measures Indicate That Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Is Using Debt Safely

Financial Position Analysis

Short Term Liabilities: 002937's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥484.0M).

Long Term Liabilities: 002937's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥421.4M).

Debt to Equity History and Analysis

Debt Level: 002937 has more cash than its total debt.

Reducing Debt: 002937's debt to equity ratio has increased from 0% to 25.4% over the past 5 years.

Debt Coverage: 002937's debt is well covered by operating cash flow (107.2%).

Interest Coverage: 002937 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 00:24
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Ningbo Sunrise Elc Technology Co.,Ltd is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xue DengChina International Capital Corporation Limited
Mu YuanChina International Capital Corporation Limited
Fan YanChina Merchants Securities Co. Ltd.