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¥4.8B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 66.5%. Its total assets and total liabilities are CN¥16.6B and CN¥11.8B respectively.
Key information
66.5%
Debt to equity ratio
CN¥3.21b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.51b |
| Equity | CN¥4.83b |
| Total liabilities | CN¥11.78b |
| Total assets | CN¥16.61b |
Recent financial health updates
Recent updates
Does Shanghai New Power Automotive Technology (SHSE:600841) Have A Healthy Balance Sheet?
Aug 20
Shanghai 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¥11.6B) exceed its short term liabilities (CN¥11.0B).
Long Term Liabilities: 600841's short term assets (CN¥11.6B) exceed its long term liabilities (CN¥812.4M).
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 66.5% 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 26.3% per year.