Shenzhen Sunshine Laser & Electronics Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Sunshine Laser & Electronics Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥664.5M, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are CN¥2.8B and CN¥1.2B respectively. Shenzhen Sunshine Laser & Electronics Technology's EBIT is CN¥31.1M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥214.9M.
Key information
40.4%
Debt to equity ratio
CN¥664.54m
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥214.90m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥1.19b |
| Total assets | CN¥2.83b |
Recent financial health updates
No updates
Recent updates
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd.'s (SZSE:300227) Shares Climb 57% But Its Business Is Yet to Catch Up
Nov 12
Subdued Growth No Barrier To Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. (SZSE:300227) With Shares Advancing 25%
Sep 27More Unpleasant Surprises Could Be In Store For Shenzhen Sunshine Laser & Electronics Technology Co., Ltd.'s (SZSE:300227) Shares After Tumbling 28%
Jun 06Shenzhen Sunshine Laser & Electronics Technology (SZSE:300227) Will Want To Turn Around Its Return Trends
Apr 16Optimistic Investors Push Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. (SZSE:300227) Shares Up 34% But Growth Is Lacking
Mar 07Financial Position Analysis
Short Term Liabilities: 300227's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥932.4M).
Long Term Liabilities: 300227's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥255.5M).
Debt to Equity History and Analysis
Debt Level: 300227's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: 300227's debt to equity ratio has increased from 26.6% to 40.4% over the past 5 years.
Debt Coverage: 300227's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: 300227's interest payments on its debt are not well covered by EBIT (1.6x coverage).