Xingmin Intelligent Transportation Systems (Group) Balance Sheet Health
Financial Health criteria checks 3/6
Xingmin Intelligent Transportation Systems (Group) has a total shareholder equity of CN¥1.0B and total debt of CN¥633.7M, which brings its debt-to-equity ratio to 60.5%. Its total assets and total liabilities are CN¥2.3B and CN¥1.2B respectively.
Key information
60.5%
Debt to equity ratio
CN¥633.71m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥74.35m |
| Equity | CN¥1.05b |
| Total liabilities | CN¥1.21b |
| Total assets | CN¥2.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002355's short term assets (CN¥734.8M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002355's short term assets (CN¥734.8M) exceed its long term liabilities (CN¥136.0M).
Debt to Equity History and Analysis
Debt Level: 002355's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: 002355's debt to equity ratio has increased from 50.9% to 60.5% 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 002355 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002355 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.8% per year.