Shenzhen Sunshine Laser & Electronics Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Sunshine Laser & Electronics Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥572.7M, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are CN¥2.7B and CN¥1.0B respectively. Shenzhen Sunshine Laser & Electronics Technology's EBIT is CN¥71.6M making its interest coverage ratio 33. It has cash and short-term investments of CN¥242.8M.
Key information
34.8%
Debt to equity ratio
CN¥572.68m
Debt
Interest coverage ratio | 33x |
Cash | CN¥242.78m |
Equity | CN¥1.64b |
Total liabilities | CN¥1.02b |
Total assets | CN¥2.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300227's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥744.3M).
Long Term Liabilities: 300227's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥278.1M).
Debt to Equity History and Analysis
Debt Level: 300227's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: 300227's debt to equity ratio has increased from 32.4% to 34.8% over the past 5 years.
Debt Coverage: 300227's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: 300227's interest payments on its debt are well covered by EBIT (33x coverage).