Modern Avenue Group Balance Sheet Health
Financial Health criteria checks 3/6
Modern Avenue Group has a total shareholder equity of CN¥424.9M and total debt of CN¥55.1M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥744.1M and CN¥319.2M respectively.
Key information
12.97%
Debt to equity ratio
CN¥55.13m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥192.47m |
| Equity | CN¥424.94m |
| Total liabilities | CN¥319.16m |
| Total assets | CN¥744.11m |
Recent financial health updates
Here's Why We're Not Too Worried About Modern Avenue Group's (SZSE:002656) Cash Burn Situation
Sep 23
Here's Why We're Not At All Concerned With Modern Avenue Group's (SZSE:002656) Cash Burn Situation
Apr 15Recent updates
Revenues Not Telling The Story For Modern Avenue Group Co., Ltd. (SZSE:002656) After Shares Rise 57%
Feb 13Modern Avenue Group Co., Ltd. (SZSE:002656) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
Oct 10Here's Why We're Not Too Worried About Modern Avenue Group's (SZSE:002656) Cash Burn Situation
Sep 23There's Reason For Concern Over Modern Avenue Group Co., Ltd.'s (SZSE:002656) Massive 30% Price Jump
Aug 26Modern Avenue Group Co., Ltd. (SZSE:002656) May Have Run Too Fast Too Soon With Recent 25% Price Plummet
Jul 01Modern Avenue Group Co., Ltd. (SZSE:002656) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Apr 23Here's Why We're Not At All Concerned With Modern Avenue Group's (SZSE:002656) Cash Burn Situation
Apr 15Modern Avenue Group Co., Ltd. (SZSE:002656) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Mar 03Financial Position Analysis
Short Term Liabilities: 002656's short term assets (CN¥575.5M) exceed its short term liabilities (CN¥275.4M).
Long Term Liabilities: 002656's short term assets (CN¥575.5M) exceed its long term liabilities (CN¥43.8M).
Debt to Equity History and Analysis
Debt Level: 002656 has more cash than its total debt.
Reducing Debt: 002656's debt to equity ratio has increased from 0.6% to 13% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002656 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002656 has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.5% each year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/09 01:08 |
| End of Day Share Price | 2025/12/09 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Modern Avenue Group 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 |
|---|---|
| Ge Jin | China International Capital Corporation Limited |
| Xinghai Ju | Citic Securities Co., Ltd. |
| Jie Li | Everbright Securities Co. Ltd. |