Veken Technology Balance Sheet Health
Financial Health criteria checks 6/6
Veken Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥140.1M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥3.1B and CN¥1.3B respectively.
Key information
7.8%
Debt to equity ratio
CN¥140.06m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥601.00m |
| Equity | CN¥1.79b |
| Total liabilities | CN¥1.28b |
| Total assets | CN¥3.07b |
Recent financial health updates
Recent updates
Veken Technology Co., Ltd.'s (SHSE:600152) 25% Price Boost Is Out Of Tune With Revenues
Nov 11
Is Veken Technology (SHSE:600152) A Risky Investment?
Nov 05Revenues Not Telling The Story For Veken Technology Co., Ltd. (SHSE:600152)
Jul 30Veken Technology Co., Ltd.'s (SHSE:600152) 29% Dip In Price Shows Sentiment Is Matching Revenues
Apr 21Risks To Shareholder Returns Are Elevated At These Prices For Veken Technology Co., Ltd. (SHSE:600152)
Feb 28Financial Position Analysis
Short Term Liabilities: 600152's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600152's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥139.3M).
Debt to Equity History and Analysis
Debt Level: 600152 has more cash than its total debt.
Reducing Debt: 600152's debt to equity ratio has reduced from 25.7% to 7.8% 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: 600152 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 600152 has sufficient cash runway for 2.6 years if free cash flow continues to grow at historical rates of 28.5% each year.