Shanghai New Power Automotive Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai New Power Automotive Technology has a total shareholder equity of CN¥4.3B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 73.3%. Its total assets and total liabilities are CN¥15.1B and CN¥10.9B respectively.
Key information
73.3%
Debt to equity ratio
CN¥3.12b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.70b |
| Equity | CN¥4.26b |
| Total liabilities | CN¥10.88b |
| Total assets | CN¥15.14b |
Recent financial health updates
Recent updates
Lacklustre Performance Is Driving Shanghai New Power Automotive Technology Company Limited's (SHSE:600841) 28% Price Drop
Aug 26
Does Shanghai New Power Automotive Technology (SHSE:600841) Have A Healthy Balance Sheet?
Aug 20Shanghai New Power Automotive Technology Company Limited's (SHSE:600841) Share Price Is Matching Sentiment Around Its Revenues
Jul 12Shanghai New Power Automotive Technology Company Limited (SHSE:600841) Shares Fly 33% But Investors Aren't Buying For Growth
Mar 26Financial Position Analysis
Short Term Liabilities: 600841's short term assets (CN¥10.2B) do not cover its short term liabilities (CN¥10.3B).
Long Term Liabilities: 600841's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥570.6M).
Debt to Equity History and Analysis
Debt Level: 600841 has more cash than its total debt.
Reducing Debt: 600841's debt to equity ratio has increased from 0% to 73.3% 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: 600841 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 600841 has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 25.1% each year.