Beijing Hanjian Heshan PipelineLtd Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Hanjian Heshan PipelineLtd has a total shareholder equity of CN¥416.1M and total debt of CN¥230.2M, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are CN¥1.8B and CN¥1.4B respectively.
Key information
55.3%
Debt to equity ratio
CN¥230.17m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥112.80m |
| Equity | CN¥416.08m |
| Total liabilities | CN¥1.36b |
| Total assets | CN¥1.78b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603616's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603616's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥22.9M).
Debt to Equity History and Analysis
Debt Level: 603616's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: 603616's debt to equity ratio has reduced from 79.7% to 55.3% 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 603616 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 603616 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.8% per year.