Haima AutomobileLtd Balance Sheet Health
Financial Health criteria checks 4/6
Haima AutomobileLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥191.8M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥6.6B and CN¥3.8B respectively.
Key information
6.8%
Debt to equity ratio
CN¥191.83m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥644.88m |
| Equity | CN¥2.81b |
| Total liabilities | CN¥3.83b |
| Total assets | CN¥6.63b |
Financial Position Analysis
Short Term Liabilities: 000572's short term assets (CN¥3.5B) do not cover its short term liabilities (CN¥3.7B).
Long Term Liabilities: 000572's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥171.2M).
Debt to Equity History and Analysis
Debt Level: 000572 has more cash than its total debt.
Reducing Debt: 000572's debt to equity ratio has reduced from 8% to 6.8% 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: 000572 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 000572 has less than a year of cash runway if free cash flow continues to grow at historical rates of 39.6% each year.