Haima AutomobileLtd Balance Sheet Health
Financial Health criteria checks 4/6
Haima AutomobileLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥220.2M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥7.0B and CN¥4.4B respectively.
Key information
8.3%
Debt to equity ratio
CN¥220.21m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥677.98m |
| Equity | CN¥2.66b |
| Total liabilities | CN¥4.38b |
| Total assets | CN¥7.03b |
Recent financial health updates
Health Check: How Prudently Does Haima AutomobileLtd (SZSE:000572) Use Debt?
Jul 15
Is Haima AutomobileLtd (SZSE:000572) Weighed On By Its Debt Load?
Mar 01Recent updates
Health Check: How Prudently Does Haima AutomobileLtd (SZSE:000572) Use Debt?
Jul 15Haima Automobile Co.,Ltd's (SZSE:000572) Share Price Could Signal Some Risk
Jun 05Haima Automobile Co.,Ltd (SZSE:000572) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Mar 05Is Haima AutomobileLtd (SZSE:000572) Weighed On By Its Debt Load?
Mar 01Financial Position Analysis
Short Term Liabilities: 000572's short term assets (CN¥4.0B) do not cover its short term liabilities (CN¥4.2B).
Long Term Liabilities: 000572's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥160.4M).
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 increased from 7% to 8.3% 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: Whilst unprofitable 000572 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000572 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50% per year.