China Sunshine Paper Holdings Company Limited

SEHK:2002 Stock Report

Mkt Cap: HK$2.5b

China Sunshine Paper Holdings Balance Sheet Health

Financial Health criteria checks 2/6

China Sunshine Paper Holdings has a total shareholder equity of CN¥4.5B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 101.3%. Its total assets and total liabilities are CN¥11.8B and CN¥7.3B respectively. China Sunshine Paper Holdings's EBIT is CN¥309.3M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥873.3M.

Key information

101.3%

Debt to equity ratio

CN¥4.60b

Debt

Interest coverage ratio2.5x
CashCN¥873.34m
EquityCN¥4.55b
Total liabilitiesCN¥7.27b
Total assetsCN¥11.81b

Recent financial health updates

China Sunshine Paper Holdings (HKG:2002) Takes On Some Risk With Its Use Of Debt

Nov 17
China Sunshine Paper Holdings (HKG:2002) Takes On Some Risk With Its Use Of Debt

Here's Why China Sunshine Paper Holdings (HKG:2002) Has A Meaningful Debt Burden

Apr 24
Here's Why China Sunshine Paper Holdings (HKG:2002) Has A Meaningful Debt Burden

Recent updates

Returns On Capital Signal Tricky Times Ahead For China Sunshine Paper Holdings (HKG:2002)

Mar 17
Returns On Capital Signal Tricky Times Ahead For China Sunshine Paper Holdings (HKG:2002)

China Sunshine Paper Holdings (HKG:2002) Might Be Having Difficulty Using Its Capital Effectively

Nov 04
China Sunshine Paper Holdings (HKG:2002) Might Be Having Difficulty Using Its Capital Effectively

China Sunshine Paper Holdings (HKG:2002) Takes On Some Risk With Its Use Of Debt

Nov 17
China Sunshine Paper Holdings (HKG:2002) Takes On Some Risk With Its Use Of Debt

The Return Trends At China Sunshine Paper Holdings (HKG:2002) Look Promising

Sep 21
The Return Trends At China Sunshine Paper Holdings (HKG:2002) Look Promising

China Sunshine Paper Holdings (HKG:2002) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

May 08
China Sunshine Paper Holdings (HKG:2002) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Here's Why China Sunshine Paper Holdings (HKG:2002) Has A Meaningful Debt Burden

Apr 24
Here's Why China Sunshine Paper Holdings (HKG:2002) Has A Meaningful Debt Burden

The Return Trends At China Sunshine Paper Holdings (HKG:2002) Look Promising

Mar 28
The Return Trends At China Sunshine Paper Holdings (HKG:2002) Look Promising

Here's Why We Think China Sunshine Paper Holdings (HKG:2002) Is Well Worth Watching

Mar 06
Here's Why We Think China Sunshine Paper Holdings (HKG:2002) Is Well Worth Watching

Did You Participate In Any Of China Sunshine Paper Holdings' (HKG:2002) Fantastic 176% Return ?

Feb 07
Did You Participate In Any Of China Sunshine Paper Holdings' (HKG:2002) Fantastic 176% Return ?

Does China Sunshine Paper Holdings (HKG:2002) Have The Makings Of A Multi-Bagger?

Dec 14
Does China Sunshine Paper Holdings (HKG:2002) Have The Makings Of A Multi-Bagger?

If You Like EPS Growth Then Check Out China Sunshine Paper Holdings (HKG:2002) Before It's Too Late

Nov 26
If You Like EPS Growth Then Check Out China Sunshine Paper Holdings (HKG:2002) Before It's Too Late

Financial Position Analysis

Short Term Liabilities: 2002's short term assets (CN¥4.4B) do not cover its short term liabilities (CN¥5.9B).

Long Term Liabilities: 2002's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥1.4B).

Debt to Equity History and Analysis

Debt Level: 2002's net debt to equity ratio (82.1%) is considered high.

Reducing Debt: 2002's debt to equity ratio has reduced from 194.9% to 101.3% over the past 5 years.

Debt Coverage: 2002's debt is not well covered by operating cash flow (11.9%).

Interest Coverage: 2002's interest payments on its debt are not well covered by EBIT (2.5x coverage).

Balance Sheet

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