Xingmin Intelligent Transportation Systems (Group) Balance Sheet Health
Financial Health criteria checks 5/6
Xingmin Intelligent Transportation Systems (Group) has a total shareholder equity of CN¥1.2B and total debt of CN¥463.4M, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are CN¥2.4B and CN¥1.2B respectively.
Key information
39.3%
Debt to equity ratio
CN¥463.42m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥100.45m |
| Equity | CN¥1.18b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥2.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002355's short term assets (CN¥676.0M) do not cover its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002355's short term assets (CN¥676.0M) exceed its long term liabilities (CN¥213.9M).
Debt to Equity History and Analysis
Debt Level: 002355's net debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: 002355's debt to equity ratio has reduced from 40.8% to 39.3% 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 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 35.1% per year.