Sun.King Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Sun.King Technology Group has a total shareholder equity of CN¥1.9B and total debt of CN¥377.7M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are CN¥2.9B and CN¥969.8M respectively. Sun.King Technology Group's EBIT is CN¥39.4M making its interest coverage ratio 7.9. It has cash and short-term investments of CN¥463.1M.
Key information
19.6%
Debt to equity ratio
CN¥377.72m
Debt
| Interest coverage ratio | 7.9x |
| Cash | CN¥463.09m |
| Equity | CN¥1.93b |
| Total liabilities | CN¥969.81m |
| Total assets | CN¥2.90b |
Recent financial health updates
Is Sun.King Technology Group (HKG:580) Using Too Much Debt?
Oct 14
Does Sun.King Technology Group (HKG:580) Have A Healthy Balance Sheet?
Nov 28Sun.King Technology Group (HKG:580) Has A Pretty Healthy Balance Sheet
Nov 30We Think Sun.King Technology Group (HKG:580) Can Stay On Top Of Its Debt
Apr 11Does Sun.King Technology Group (HKG:580) Have A Healthy Balance Sheet?
Dec 24
Recent updates
Sun.King Technology Group Limited (HKG:580) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Nov 06Is Sun.King Technology Group (HKG:580) Using Too Much Debt?
Oct 14Investor Optimism Abounds Sun.King Technology Group Limited (HKG:580) But Growth Is Lacking
Sep 21We Think That There Are Issues Underlying Sun.King Technology Group's (HKG:580) Earnings
May 01What Sun.King Technology Group Limited's (HKG:580) P/E Is Not Telling You
Jan 23Sun.King Technology Group (HKG:580) Is Reinvesting At Lower Rates Of Return
Jan 06Does Sun.King Technology Group (HKG:580) Have A Healthy Balance Sheet?
Nov 28Sun.King Technology Group (HKG:580) Will Want To Turn Around Its Return Trends
Aug 05The Returns On Capital At Sun.King Technology Group (HKG:580) Don't Inspire Confidence
May 03Sun.King Technology Group (HKG:580) Is Reinvesting At Lower Rates Of Return
Dec 21Sun.King Technology Group (HKG:580) Has A Pretty Healthy Balance Sheet
Nov 30The Returns On Capital At Sun.King Technology Group (HKG:580) Don't Inspire Confidence
Sep 09Investors Met With Slowing Returns on Capital At Sun.King Technology Group (HKG:580)
May 26We Think Sun.King Technology Group (HKG:580) Can Stay On Top Of Its Debt
Apr 11Is Sun.King Technology Group Limited's (HKG:580) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 25Will the Promising Trends At Sun.King Technology Group (HKG:580) Continue?
Feb 08The VP & Executive Director of Sun.King Technology Group Limited (HKG:580), Zhoumin Yue, Just Sold 64% Of Their Holding
Jan 23Should You Think About Buying Sun.King Technology Group Limited (HKG:580) Now?
Jan 08Does Sun.King Technology Group (HKG:580) Have A Healthy Balance Sheet?
Dec 24Are Sun.King Technology Group's (HKG:580) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 09Did Sun.King Technology Group's (HKG:580) Share Price Deserve to Gain 60%?
Nov 24Financial Position Analysis
Short Term Liabilities: 580's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥772.2M).
Long Term Liabilities: 580's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥197.7M).
Debt to Equity History and Analysis
Debt Level: 580 has more cash than its total debt.
Reducing Debt: 580's debt to equity ratio has reduced from 19.8% to 19.6% over the past 5 years.
Debt Coverage: 580's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 580's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 07:18 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Sun.King Technology Group Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eugene Yeoh | Deutsche Bank |
| null null | Guoyuan Securities (HK) Ltd |
| Hengjun Lu | Industrial Securities (HK) Financial Holdings |