Chongqing Wanli New Energy Balance Sheet Health
Financial Health criteria checks 6/6
Chongqing Wanli New Energy has a total shareholder equity of CN¥638.3M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥687.2M and CN¥48.9M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥53.57m |
| Equity | CN¥638.29m |
| Total liabilities | CN¥48.88m |
| Total assets | CN¥687.16m |
Recent financial health updates
Recent updates
There's Reason For Concern Over Chongqing Wanli New Energy Co., Ltd.'s (SHSE:600847) Massive 33% Price Jump
Oct 25
We're Interested To See How Chongqing Wanli New Energy (SHSE:600847) Uses Its Cash Hoard To Grow
Jun 05Some Chongqing Wanli New Energy Co., Ltd. (SHSE:600847) Shareholders Look For Exit As Shares Take 26% Pounding
Apr 21Financial Position Analysis
Short Term Liabilities: 600847's short term assets (CN¥512.2M) exceed its short term liabilities (CN¥47.2M).
Long Term Liabilities: 600847's short term assets (CN¥512.2M) exceed its long term liabilities (CN¥1.6M).
Debt to Equity History and Analysis
Debt Level: 600847 is debt free.
Reducing Debt: 600847 had no debt 5 years ago.
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 600847 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600847 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.3% per year.