Sunny Optical Technology (Group) Balance Sheet Health
Financial Health criteria checks 6/6
Sunny Optical Technology (Group) has a total shareholder equity of CN¥22.9B and total debt of CN¥5.6B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are CN¥50.3B and CN¥27.4B respectively. Sunny Optical Technology (Group)'s EBIT is CN¥576.7M making its interest coverage ratio -1.2. It has cash and short-term investments of CN¥21.5B.
Key information
24.3%
Debt to equity ratio
CN¥5.56b
Debt
| Interest coverage ratio | -1.2x |
| Cash | CN¥21.51b |
| Equity | CN¥22.88b |
| Total liabilities | CN¥27.42b |
| Total assets | CN¥50.30b |
Recent financial health updates
Is Sunny Optical Technology (Group) (HKG:2382) A Risky Investment?
Sep 11
Here'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 08Is Sunny Optical Technology (Group) (HKG:2382) Using Too Much Debt?
Nov 22Is Sunny Optical Technology (Group) (HKG:2382) Using Too Much Debt?
Aug 18Recent updates
Sunny 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 08These Analysts Just Made A Substantial Downgrade To Their Sunny Optical Technology (Group) Company Limited (HKG:2382) EPS Forecasts
Mar 23Is It Too Late To Consider Buying Sunny Optical Technology (Group) Company Limited (HKG:2382)?
Mar 22Calculating The Fair Value Of Sunny Optical Technology (Group) Company Limited (HKG:2382)
Mar 03Investors Shouldn't Overlook The Favourable Returns On Capital At Sunny Optical Technology (Group) (HKG:2382)
Feb 01Is Now The Time To Put Sunny Optical Technology (Group) (HKG:2382) On Your Watchlist?
Dec 24Is Now An Opportune Moment To Examine Sunny Optical Technology (Group) Company Limited (HKG:2382)?
Dec 14Estimating The Intrinsic Value Of Sunny Optical Technology (Group) Company Limited (HKG:2382)
Dec 03Is Sunny Optical Technology (Group) (HKG:2382) Using Too Much Debt?
Nov 22Capital Investments At Sunny Optical Technology (Group) (HKG:2382) Point To A Promising Future
Oct 22Is Now The Time To Put Sunny Optical Technology (Group) (HKG:2382) On Your Watchlist?
Sep 20Is Sunny Optical Technology (Group) Company Limited (HKG:2382) Potentially Undervalued?
Sep 09Calculating The Intrinsic Value Of Sunny Optical Technology (Group) Company Limited (HKG:2382)
Aug 29Is Sunny Optical Technology (Group) (HKG:2382) Using Too Much Debt?
Aug 18Financial Position Analysis
Short Term Liabilities: 2382's short term assets (CN¥35.1B) exceed its short term liabilities (CN¥21.3B).
Long Term Liabilities: 2382's short term assets (CN¥35.1B) exceed its long term liabilities (CN¥6.1B).
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 59.9% to 24.3% over the past 5 years.
Debt Coverage: 2382's debt is well covered by operating cash flow (123.3%).
Interest Coverage: 2382 earns more interest than it pays, so coverage of interest payments is not a concern.