What is the debt of Shandong Sacred Sun Power Sources Co this year?
Shandong Sacred Sun Power Sources Co has a debt level of 119.01 CNY this year.
In 2024, Shandong Sacred Sun Power Sources Co's total debt was 119.01 CNY, a 17.17% change from the 101.57 CNY total debt recorded in the previous year.
Shandong Sacred Sun Power Sources Co's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Analyzing Shandong Sacred Sun Power Sources Co's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Investors pay close attention to Shandong Sacred Sun Power Sources Co’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Shifts in Shandong Sacred Sun Power Sources Co’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Shandong Sacred Sun Power Sources Co has a debt level of 119.01 CNY this year.
The debt of Shandong Sacred Sun Power Sources Co has increased by 17.17% compared to the previous year increased.
High debt can pose a risk for investors of Shandong Sacred Sun Power Sources Co, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
Low debt means that Shandong Sacred Sun Power Sources Co has a strong financial position and is able to fulfill its obligations without overburdening its finances.
An increase in debt of Shandong Sacred Sun Power Sources Co can adversely affect the financial condition of the company and result in a higher burden on its finances.
A reduction in debt of Shandong Sacred Sun Power Sources Co can strengthen the company's financial position and improve its ability to meet its financial obligations.
Some factors that can influence the debt of Shandong Sacred Sun Power Sources Co include investments, acquisitions, operating costs, and revenue development.
The debts of Shandong Sacred Sun Power Sources Co are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
To change the debt, Shandong Sacred Sun Power Sources Co can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
Over the past 12 months, Shandong Sacred Sun Power Sources Co paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 0.25 %. For the coming 12 months, Shandong Sacred Sun Power Sources Co is expected to pay a dividend of 0.02 CNY.
The current dividend yield of Shandong Sacred Sun Power Sources Co is 0.25 %.
Shandong Sacred Sun Power Sources Co pays a quarterly dividend. This is distributed in the months of July, June, July, July.
Shandong Sacred Sun Power Sources Co paid dividends every year for the past 1 years.
For the upcoming 12 months, dividends amounting to 0.02 CNY are expected. This corresponds to a dividend yield of 0.25 %.
Shandong Sacred Sun Power Sources Co is assigned to the 'Industry' sector.
To receive the latest dividend of Shandong Sacred Sun Power Sources Co from 6/21/2024 amounting to 0.057 CNY, you needed to have the stock in your portfolio before the ex-date on 6/21/2024.
The last dividend was paid out on 6/21/2024.
In the year 2023, Shandong Sacred Sun Power Sources Co distributed 0.025 CNY as dividends.
The dividends of Shandong Sacred Sun Power Sources Co are distributed in CNY.
Our stock analysis for Shandong Sacred Sun Power Sources Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shandong Sacred Sun Power Sources Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.