Sunshine Global CircuitsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sunshine Global CircuitsLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥840.9M, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are CN¥3.5B and CN¥1.6B respectively. Sunshine Global CircuitsLtd's EBIT is CN¥84.6M making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥1.1B.
Key information
43.8%
Debt to equity ratio
CN¥840.87m
Debt
Interest coverage ratio | 4.4x |
Cash | CN¥1.06b |
Equity | CN¥1.92b |
Total liabilities | CN¥1.57b |
Total assets | CN¥3.49b |
Recent financial health updates
Recent updates
Sunshine Global Circuits Co.,Ltd.'s (SZSE:300739) 25% Share Price Surge Not Quite Adding Up
Jun 10The Returns On Capital At Sunshine Global CircuitsLtd (SZSE:300739) Don't Inspire Confidence
Jun 07We Think You Can Look Beyond Sunshine Global CircuitsLtd's (SZSE:300739) Lackluster Earnings
May 03Sunshine Global Circuits Co.,Ltd.'s (SZSE:300739) 29% Share Price Surge Not Quite Adding Up
Feb 29These 4 Measures Indicate That Sunshine Global CircuitsLtd (SZSE:300739) Is Using Debt Extensively
Feb 28Financial Position Analysis
Short Term Liabilities: 300739's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥607.6M).
Long Term Liabilities: 300739's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥960.2M).
Debt to Equity History and Analysis
Debt Level: 300739 has more cash than its total debt.
Reducing Debt: 300739's debt to equity ratio has increased from 7% to 43.8% over the past 5 years.
Debt Coverage: 300739's debt is well covered by operating cash flow (30.1%).
Interest Coverage: 300739's interest payments on its debt are well covered by EBIT (4.4x coverage).