Sinostar PEC Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Sinostar PEC Holdings has a total shareholder equity of CN¥1.7B and total debt of CN¥610.0M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are CN¥2.5B and CN¥824.8M respectively. Sinostar PEC Holdings's EBIT is CN¥352.5M making its interest coverage ratio -33.4. It has cash and short-term investments of CN¥562.9M.
Key information
35.9%
Debt to equity ratio
CN¥610.00m
Debt
| Interest coverage ratio | -33.4x |
| Cash | CN¥562.89m |
| Equity | CN¥1.70b |
| Total liabilities | CN¥824.84m |
| Total assets | CN¥2.53b |
Recent financial health updates
Sinostar PEC Holdings (SGX:C9Q) Seems To Use Debt Quite Sensibly
Dec 20
Is Sinostar PEC Holdings (SGX:C9Q) Using Too Much Debt?
Aug 25Does Sinostar PEC Holdings (SGX:C9Q) Have A Healthy Balance Sheet?
May 06We Think Sinostar PEC Holdings (SGX:C9Q) Is Taking Some Risk With Its Debt
Nov 01Is Sinostar PEC Holdings (SGX:C9Q) Using Too Much Debt?
Jul 06Sinostar PEC Holdings (SGX:C9Q) Use Of Debt Could Be Considered Risky
Apr 30Recent updates
Sinostar PEC Holdings (SGX:C9Q) Seems To Use Debt Quite Sensibly
Dec 20Here's What's Concerning About Sinostar PEC Holdings' (SGX:C9Q) Returns On Capital
Nov 14Is Sinostar PEC Holdings (SGX:C9Q) Using Too Much Debt?
Aug 25Sinostar PEC Holdings (SGX:C9Q) Will Want To Turn Around Its Return Trends
Jul 12Does Sinostar PEC Holdings (SGX:C9Q) Have A Healthy Balance Sheet?
May 06We Think Sinostar PEC Holdings (SGX:C9Q) Is Taking Some Risk With Its Debt
Nov 01Is Sinostar PEC Holdings (SGX:C9Q) Using Too Much Debt?
Jul 06Sinostar PEC Holdings (SGX:C9Q) Is Looking To Continue Growing Its Returns On Capital
May 27We Like The Quality Of Sinostar PEC Holdings' (SGX:C9Q) Earnings
Mar 08Investors Will Want Sinostar PEC Holdings' (SGX:C9Q) Growth In ROCE To Persist
Oct 11Returns At Sinostar PEC Holdings (SGX:C9Q) Are On The Way Up
Jun 07Sinostar PEC Holdings (SGX:C9Q) Use Of Debt Could Be Considered Risky
Apr 30What Makes Sinostar PEC Holdings Limited (SGX:C9Q) A Great Dividend Stock?
Mar 30Shareholders Of Sinostar PEC Holdings (SGX:C9Q) Must Be Happy With Their 136% Total Return
Mar 09Will The ROCE Trend At Sinostar PEC Holdings (SGX:C9Q) Continue?
Feb 16
Does Sinostar PEC Holdings (SGX:C9Q) Have A Healthy Balance Sheet?
Jan 11Financial Position Analysis
Short Term Liabilities: C9Q's short term assets (CN¥915.6M) exceed its short term liabilities (CN¥471.4M).
Long Term Liabilities: C9Q's short term assets (CN¥915.6M) exceed its long term liabilities (CN¥353.4M).
Debt to Equity History and Analysis
Debt Level: C9Q's net debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: C9Q's debt to equity ratio has reduced from 147.5% to 35.9% over the past 5 years.
Debt Coverage: C9Q's debt is well covered by operating cash flow (76%).
Interest Coverage: C9Q earns more interest than it pays, so coverage of interest payments is not a concern.