Chongqing Jianshe Vehicle System Balance Sheet Health
Financial Health criteria checks 3/6
Chongqing Jianshe Vehicle System has a total shareholder equity of CN¥29.7M and total debt of CN¥502.5M, which brings its debt-to-equity ratio to 1693.1%. Its total assets and total liabilities are CN¥855.8M and CN¥826.1M respectively.
Key information
1,693.1%
Debt to equity ratio
CN¥502.49m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥96.75m |
| Equity | CN¥29.68m |
| Total liabilities | CN¥826.13m |
| Total assets | CN¥855.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200054's short term assets (CN¥418.1M) do not cover its short term liabilities (CN¥825.6M).
Long Term Liabilities: 200054's short term assets (CN¥418.1M) exceed its long term liabilities (CN¥555.5K).
Debt to Equity History and Analysis
Debt Level: 200054's net debt to equity ratio (1367.1%) is considered high.
Reducing Debt: 200054's debt to equity ratio has increased from 91.3% to 1693.1% 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 200054 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 200054 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 32.9% per year.