Sunny Optical Technology (Group) Balance Sheet Health
Financial Health criteria checks 6/6
Sunny Optical Technology (Group) has a total shareholder equity of CN¥23.6B and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are CN¥48.5B and CN¥24.9B respectively. Sunny Optical Technology (Group)'s EBIT is CN¥1.3B making its interest coverage ratio -3.2. It has cash and short-term investments of CN¥20.0B.
Key information
24.9%
Debt to equity ratio
CN¥5.89b
Debt
| Interest coverage ratio | -3.2x |
| Cash | CN¥20.02b |
| Equity | CN¥23.64b |
| Total liabilities | CN¥24.90b |
| Total assets | CN¥48.54b |
Recent financial health updates
We Think Sunny Optical Technology (Group) (HKG:2382) Can Manage Its Debt With Ease
Nov 13
Does Sunny Optical Technology (Group) (HKG:2382) Have A Healthy Balance Sheet?
May 21Is Sunny Optical Technology (Group) (HKG:2382) A Risky Investment?
Sep 11Here's Why Sunny Optical Technology (Group) (HKG:2382) Can Manage Its Debt Responsibly
Nov 11Is Sunny Optical Technology (Group) (HKG:2382) Using Too Much Debt?
Apr 08Recent updates
We Think Sunny Optical Technology (Group) (HKG:2382) Can Manage Its Debt With Ease
Nov 13Sunny Optical Technology (Group) Company Limited (HKG:2382) Stocks Shoot Up 30% But Its P/E Still Looks Reasonable
Oct 04Here's What's Concerning About Sunny Optical Technology (Group)'s (HKG:2382) Returns On Capital
Jul 16Estimating The Fair Value Of Sunny Optical Technology (Group) Company Limited (HKG:2382)
Jul 01What Is Sunny Optical Technology (Group) Company Limited's (HKG:2382) Share Price Doing?
Jun 17Does Sunny Optical Technology (Group) (HKG:2382) Have A Healthy Balance Sheet?
May 21Sunny Optical Technology (Group) Company Limited (HKG:2382) Stocks Pounded By 25% But Not Lagging Market On Growth Or Pricing
Apr 15Earnings Miss: Sunny Optical Technology (Group) Company Limited Missed EPS By 15% And Analysts Are Revising Their Forecasts
Mar 23Sunny Optical Technology (Group) (HKG:2382) Is Reinvesting At Lower Rates Of Return
Mar 22Is Now The Time To Look At Buying Sunny Optical Technology (Group) Company Limited (HKG:2382)?
Feb 22Sunny Optical Technology (Group) Company Limited (HKG:2382) Shares Slammed 33% But Getting In Cheap Might Be Difficult Regardless
Jan 31Is Sunny Optical Technology (Group) (HKG:2382) A Risky Investment?
Sep 11Sunny Optical Technology (Group) Company Limited (HKG:2382) Shares Could Be 29% Below Their Intrinsic Value Estimate
Jul 11At HK$82.20, Is Sunny Optical Technology (Group) Company Limited (HKG:2382) Worth Looking At Closely?
Jun 16Estimating The Fair Value Of Sunny Optical Technology (Group) Company Limited (HKG:2382)
Apr 11Why Sunny Optical Technology (Group) Company Limited (HKG:2382) Could Be Worth Watching
Jan 06Returns On Capital At Sunny Optical Technology (Group) (HKG:2382) Paint A Concerning Picture
Dec 21A Look At The Intrinsic Value Of Sunny Optical Technology (Group) Company Limited (HKG:2382)
Dec 08Here's Why Sunny Optical Technology (Group) (HKG:2382) Can Manage Its Debt Responsibly
Nov 11At HK$77.25, Is Sunny Optical Technology (Group) Company Limited (HKG:2382) Worth Looking At Closely?
Sep 28Sunny Optical Technology (Group) (HKG:2382) Is Reinvesting At Lower Rates Of Return
Sep 13Is Sunny Optical Technology (Group) Company Limited (HKG:2382) Trading At A 47% Discount?
Aug 29Is It Too Late To Consider Buying Sunny Optical Technology (Group) Company Limited (HKG:2382)?
Jun 27Sunny Optical Technology (Group) (HKG:2382) Will Want To Turn Around Its Return Trends
Jun 13Is Sunny Optical Technology (Group) (HKG:2382) Using Too Much Debt?
Apr 08Financial Position Analysis
Short Term Liabilities: 2382's short term assets (CN¥33.5B) exceed its short term liabilities (CN¥19.1B).
Long Term Liabilities: 2382's short term assets (CN¥33.5B) exceed its long term liabilities (CN¥5.8B).
Debt to Equity History and Analysis
Debt Level: 2382 has more cash than its total debt.
Reducing Debt: 2382's debt to equity ratio has reduced from 51.2% to 24.9% over the past 5 years.
Debt Coverage: 2382's debt is well covered by operating cash flow (62.5%).
Interest Coverage: 2382 earns more interest than it pays, so coverage of interest payments is not a concern.