Shining Building BusinessLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shining Building BusinessLtd has a total shareholder equity of NT$10.1B and total debt of NT$23.8B, which brings its debt-to-equity ratio to 235.8%. Its total assets and total liabilities are NT$44.0B and NT$33.9B respectively.
Key information
235.8%
Debt to equity ratio
NT$23.77b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$526.61m |
| Equity | NT$10.08b |
| Total liabilities | NT$33.90b |
| Total assets | NT$43.99b |
Recent financial health updates
Shining Building BusinessLtd (TPE:5531) Has A Somewhat Strained Balance Sheet
Apr 13
Shining Building BusinessLtd (TPE:5531) Has A Somewhat Strained Balance Sheet
Dec 08
Recent updates
Revenues Working Against Shining Building Business Co.,Ltd.'s (TWSE:5531) Share Price
Aug 09Shining Building Business Co.,Ltd.'s (TWSE:5531) 35% Price Boost Is Out Of Tune With Revenues
Apr 29Shining Building BusinessLtd (TPE:5531) Has A Somewhat Strained Balance Sheet
Apr 13Is Shining Building Business Co.,Ltd.'s (TPE:5531) 7.9% ROE Better Than Average?
Mar 09Shining Building BusinessLtd (TPE:5531) Shareholders Booked A 45% Gain In The Last Five Years
Feb 01Here's Why We Don't Think Shining Building BusinessLtd's (TPE:5531) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 05Shining Building BusinessLtd (TPE:5531) Has A Somewhat Strained Balance Sheet
Dec 08Financial Position Analysis
Short Term Liabilities: 5531's short term assets (NT$23.1B) exceed its short term liabilities (NT$21.2B).
Long Term Liabilities: 5531's short term assets (NT$23.1B) exceed its long term liabilities (NT$12.7B).
Debt to Equity History and Analysis
Debt Level: 5531's net debt to equity ratio (230.5%) is considered high.
Reducing Debt: 5531's debt to equity ratio has increased from 170.6% to 235.8% over the past 5 years.
Debt Coverage: 5531's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 5531's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 12:00 |
| End of Day Share Price | 2025/01/03 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 |
|
|
| 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
Shining Building Business Co.,Ltd. is covered by 5 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 |
|---|---|
| Titan Horng | IBTS Investment Consulting Co., Ltd. |
| Zhao Lun Chen | Jih Sun Securities Investment Consulting Co., Ltd. |
| Frank Lin | KGI Securities Co. Ltd. |