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 21Recent updates
Market Participants Recognise Sunny Optical Technology (Group) Company Limited's (HKG:2382) Earnings Pushing Shares 26% Higher
Dec 15A Look At The Intrinsic Value Of Sunny Optical Technology (Group) Company Limited (HKG:2382)
Nov 27We 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 31Financial 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.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:46 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Sunny Optical Technology (Group) Company Limited is covered by 72 analysts. 30 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 |
|---|---|
| Skye Chen | Aletheia Analyst Network Limited |
| Hsin-Shan Gai | Barclays |
| Cho Ming Lau | BOCI Research Ltd. |