Aerospace Hi-Tech Holding Group Balance Sheet Health
Financial Health criteria checks 5/6
Aerospace Hi-Tech Holding Group has a total shareholder equity of CN¥4.4B and total debt of CN¥781.0M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are CN¥8.6B and CN¥4.2B respectively.
Key information
17.7%
Debt to equity ratio
CN¥781.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥744.57m |
| Equity | CN¥4.41b |
| Total liabilities | CN¥4.16b |
| Total assets | CN¥8.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000901's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 000901's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 000901's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 000901's debt to equity ratio has increased from 11.9% to 17.7% 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 000901 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000901 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.3% per year.