Sunshine Insurance Group Balance Sheet Health
Financial Health criteria checks 4/6
Sunshine Insurance Group has a total shareholder equity of CN¥61.5B and total debt of CN¥42.0B, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are CN¥548.7B and CN¥487.1B respectively. Sunshine Insurance Group's EBIT is CN¥9.1B making its interest coverage ratio 6.9. It has cash and short-term investments of CN¥152.9B.
Key information
68.3%
Debt to equity ratio
CN¥42.02b
Debt
| Interest coverage ratio | 6.9x |
| Cash | CN¥152.92b |
| Equity | CN¥61.54b |
| Total liabilities | CN¥487.15b |
| Total assets | CN¥548.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6963's short term assets (CN¥165.2B) exceed its short term liabilities (CN¥37.8B).
Long Term Liabilities: 6963's short term assets (CN¥165.2B) do not cover its long term liabilities (CN¥449.4B).
Debt to Equity History and Analysis
Debt Level: 6963 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6963's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6963's debt is well covered by operating cash flow (59.1%).
Interest Coverage: 6963's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 20:45 |
| End of Day Share Price | 2024/12/20 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
Sunshine Insurance Group Company Limited is covered by 5 analysts. 6 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 |
|---|---|
| Yung Chen | CCB International Securities Limited |
| Qingqing Mao | China International Capital Corporation Limited |
| Chengdun Tong | Citic Securities Co., Ltd. |