Shanghai New Power Automotive Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai New Power Automotive Technology has a total shareholder equity of CN¥5.2B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are CN¥17.5B and CN¥12.3B respectively.
Key information
63.3%
Debt to equity ratio
CN¥3.31b
Debt
Interest coverage ratio | n/a |
Cash | CN¥5.42b |
Equity | CN¥5.24b |
Total liabilities | CN¥12.28b |
Total assets | CN¥17.51b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600841's short term assets (CN¥12.6B) exceed its short term liabilities (CN¥11.5B).
Long Term Liabilities: 600841's short term assets (CN¥12.6B) exceed its long term liabilities (CN¥778.9M).
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 63.3% 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 600841 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600841 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 29.8% per year.