Sunny Optical Technology (Group) Company Limited

OTCPK:SNPT.F Stock Report

Market Cap: US$7.0b

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
CashCN¥21.51b
EquityCN¥22.88b
Total liabilitiesCN¥27.42b
Total assetsCN¥50.30b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SNPT.F's short term assets (CN¥35.1B) exceed its short term liabilities (CN¥21.3B).

Long Term Liabilities: SNPT.F's short term assets (CN¥35.1B) exceed its long term liabilities (CN¥6.1B).


Debt to Equity History and Analysis

Debt Level: SNPT.F has more cash than its total debt.

Reducing Debt: SNPT.F's debt to equity ratio has reduced from 59.9% to 24.3% over the past 5 years.

Debt Coverage: SNPT.F's debt is well covered by operating cash flow (47.9%).

Interest Coverage: SNPT.F earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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