Shaanxi Aerospace Power Hi-Tech Balance Sheet Health
Financial Health criteria checks 3/6
Shaanxi Aerospace Power Hi-Tech has a total shareholder equity of CN¥1.6B and total debt of CN¥412.0M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are CN¥3.0B and CN¥1.4B respectively.
Key information
25.7%
Debt to equity ratio
CN¥412.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥104.11m |
| Equity | CN¥1.60b |
| Total liabilities | CN¥1.39b |
| Total assets | CN¥2.99b |
Recent financial health updates
Would Shaanxi Aerospace Power Hi-Tech (SHSE:600343) Be Better Off With Less Debt?
Jul 30
Shaanxi Aerospace Power Hi-Tech (SHSE:600343) Is Making Moderate Use Of Debt
Mar 28Recent updates
Optimistic Investors Push Shaanxi Aerospace Power Hi-Tech Co., Ltd. (SHSE:600343) Shares Up 32% But Growth Is Lacking
Oct 01Optimistic Investors Push Shaanxi Aerospace Power Hi-Tech Co., Ltd. (SHSE:600343) Shares Up 41% But Growth Is Lacking
Aug 07Would Shaanxi Aerospace Power Hi-Tech (SHSE:600343) Be Better Off With Less Debt?
Jul 30Shaanxi Aerospace Power Hi-Tech Co., Ltd.'s (SHSE:600343) Share Price Could Signal Some Risk
Jun 07Shaanxi Aerospace Power Hi-Tech (SHSE:600343) Is Making Moderate Use Of Debt
Mar 28Financial Position Analysis
Short Term Liabilities: 600343's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600343's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥244.8M).
Debt to Equity History and Analysis
Debt Level: 600343's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: 600343's debt to equity ratio has increased from 13.9% to 25.7% 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: 600343 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 600343 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 06:16 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shaanxi Aerospace Power Hi-Tech Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ning Li | China Stock Investment Research Co. Ltd. (GZ500..com) |