Sinkang Industries Balance Sheet Health
Financial Health criteria checks 5/6
Sinkang Industries has a total shareholder equity of NT$1.7B and total debt of NT$13.5M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are NT$2.0B and NT$260.8M respectively.
Key information
0.8%
Debt to equity ratio
NT$13.51m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$150.81m |
| Equity | NT$1.70b |
| Total liabilities | NT$260.79m |
| Total assets | NT$1.96b |
Recent financial health updates
Is Sinkang Industries (TPE:2032) A Risky Investment?
Mar 15
Is Sinkang Industries (TPE:2032) A Risky Investment?
Dec 15Recent updates
Unpleasant Surprises Could Be In Store For Sinkang Industries Co., Ltd.'s (TWSE:2032) Shares
Jan 20We Think That There Are Some Issues For Sinkang Industries (TWSE:2032) Beyond Its Promising Earnings
Aug 18Pinning Down Sinkang Industries Co., Ltd.'s (TWSE:2032) P/S Is Difficult Right Now
Aug 07Sinkang Industries (TPE:2032) Might Have The Makings Of A Multi-Bagger
Apr 20Is Sinkang Industries (TPE:2032) A Risky Investment?
Mar 15Does Sinkang Industries Co., Ltd.'s (TPE:2032) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Feb 25Should You Buy Sinkang Industries Co., Ltd. (TPE:2032) For Its 2.8% Dividend?
Feb 07
What Do The Returns At Sinkang Industries (TPE:2032) Mean Going Forward?
Jan 19Sinkang Industries (TPE:2032) Has Gifted Shareholders With A Fantastic 125% Total Return On Their Investment
Jan 01Is Sinkang Industries (TPE:2032) A Risky Investment?
Dec 15Sinkang Industries Co., Ltd.'s (TPE:2032) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?
Nov 27Financial Position Analysis
Short Term Liabilities: 2032's short term assets (NT$1.1B) exceed its short term liabilities (NT$109.7M).
Long Term Liabilities: 2032's short term assets (NT$1.1B) exceed its long term liabilities (NT$151.1M).
Debt to Equity History and Analysis
Debt Level: 2032 has more cash than its total debt.
Reducing Debt: 2032's debt to equity ratio has reduced from 3.5% to 0.8% over the past 5 years.
Debt Coverage: 2032's debt is well covered by operating cash flow (32.6%).
Interest Coverage: Insufficient data to determine if 2032's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 10:22 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Sinkang Industries Co., Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Chao-Heng Chiang | Jih Sun Securities Investment Consulting Co., Ltd. |