Shenzhen Sunway Communication Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Sunway Communication has a total shareholder equity of CN¥7.2B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are CN¥13.7B and CN¥6.5B respectively. Shenzhen Sunway Communication's EBIT is CN¥369.8M making its interest coverage ratio 9.2. It has cash and short-term investments of CN¥1.5B.
Key information
39.8%
Debt to equity ratio
CN¥2.87b
Debt
| Interest coverage ratio | 9.2x |
| Cash | CN¥1.47b |
| Equity | CN¥7.21b |
| Total liabilities | CN¥6.54b |
| Total assets | CN¥13.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300136's short term assets (CN¥7.5B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 300136's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 300136's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: 300136's debt to equity ratio has reduced from 54.9% to 39.8% over the past 5 years.
Debt Coverage: 300136's debt is well covered by operating cash flow (35.3%).
Interest Coverage: 300136's interest payments on its debt are well covered by EBIT (9.2x coverage).