China Sunshine Paper Holdings Company Limited

SEHK:2002 Stock Report

Market Cap: HK$2.0b

China Sunshine Paper Holdings Balance Sheet Health

Financial Health criteria checks 4/6

China Sunshine Paper Holdings has a total shareholder equity of CN¥5.2B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 89.1%. Its total assets and total liabilities are CN¥12.1B and CN¥6.9B respectively. China Sunshine Paper Holdings's EBIT is CN¥387.1M making its interest coverage ratio 4.6. It has cash and short-term investments of CN¥1.4B.

Key information

89.1%

Debt to equity ratio

CN¥4.61b

Debt

Interest coverage ratio4.6x
CashCN¥1.36b
EquityCN¥5.18b
Total liabilitiesCN¥6.91b
Total assetsCN¥12.09b

Recent financial health updates

Recent updates

China Sunshine Paper Holdings' (HKG:2002) Profits May Not Reveal Underlying Issues

May 07
China Sunshine Paper Holdings' (HKG:2002) Profits May Not Reveal Underlying Issues

China Sunshine Paper Holdings (HKG:2002) Has A Somewhat Strained Balance Sheet

Apr 23
China Sunshine Paper Holdings (HKG:2002) Has A Somewhat Strained Balance Sheet

China Sunshine Paper Holdings (HKG:2002) Could Be Struggling To Allocate Capital

Mar 05
China Sunshine Paper Holdings (HKG:2002) Could Be Struggling To Allocate Capital

China Sunshine Paper Holdings Company Limited (HKG:2002) May Have Run Too Fast Too Soon With Recent 31% Price Plummet

Jan 19
China Sunshine Paper Holdings Company Limited (HKG:2002) May Have Run Too Fast Too Soon With Recent 31% Price Plummet

Capital Allocation Trends At China Sunshine Paper Holdings (HKG:2002) Aren't Ideal

Nov 24
Capital Allocation Trends At China Sunshine Paper Holdings (HKG:2002) Aren't Ideal

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¥4.7B) do not cover its short term liabilities (CN¥5.3B).

Long Term Liabilities: 2002's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥1.7B).


Debt to Equity History and Analysis

Debt Level: 2002's net debt to equity ratio (62.8%) is considered high.

Reducing Debt: 2002's debt to equity ratio has reduced from 173.5% to 89.1% over the past 5 years.

Debt Coverage: 2002's debt is well covered by operating cash flow (20.8%).

Interest Coverage: 2002's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


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