Shinry Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Shinry Technologies has a total shareholder equity of CN¥2.4B and total debt of CN¥514.6M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are CN¥4.4B and CN¥2.0B respectively.
Key information
21.9%
Debt to equity ratio
CN¥514.63m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.29b |
| Equity | CN¥2.35b |
| Total liabilities | CN¥2.04b |
| Total assets | CN¥4.39b |
Recent financial health updates
No updates
Recent updates
The Market Lifts Shinry Technologies Co., Ltd. (SZSE:300745) Shares 34% But It Can Do More
Oct 01
Shinry Technologies Co., Ltd. (SZSE:300745) Might Not Be As Mispriced As It Looks After Plunging 28%
Jun 30Investors Still Aren't Entirely Convinced By Shinry Technologies Co., Ltd.'s (SZSE:300745) Revenues Despite 26% Price Jump
Mar 11Financial Position Analysis
Short Term Liabilities: 300745's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 300745's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥71.6M).
Debt to Equity History and Analysis
Debt Level: 300745 has more cash than its total debt.
Reducing Debt: 300745's debt to equity ratio has increased from 2.1% to 21.9% 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: 300745 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300745 has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 15% each year.