Beijing SinoHytec Balance Sheet Health
Financial Health criteria checks 5/6
Beijing SinoHytec has a total shareholder equity of CN¥3.1B and total debt of CN¥849.5M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are CN¥5.0B and CN¥1.9B respectively.
Key information
27.4%
Debt to equity ratio
CN¥849.49m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.29b |
| Equity | CN¥3.10b |
| Total liabilities | CN¥1.88b |
| Total assets | CN¥4.98b |
Recent financial health updates
Is Beijing SinoHytec (SHSE:688339) Using Too Much Debt?
Aug 01
Is Beijing SinoHytec (SHSE:688339) Using Too Much Debt?
Mar 23Recent updates
Market Participants Recognise Beijing SinoHytec Co., Ltd.'s (SHSE:688339) Revenues Pushing Shares 37% Higher
Oct 23Revenue Downgrade: Here's What Analysts Forecast For Beijing SinoHytec Co., Ltd. (SHSE:688339)
Sep 03Is Beijing SinoHytec (SHSE:688339) Using Too Much Debt?
Aug 01Shareholders May Be Wary Of Increasing Beijing SinoHytec Co., Ltd.'s (SHSE:688339) CEO Compensation Package
Jun 07Industry Analysts Just Made A Substantial Upgrade To Their Beijing SinoHytec Co., Ltd. (SHSE:688339) Revenue Forecasts
May 21Beijing SinoHytec Co., Ltd. (SHSE:688339) Analysts Are Reducing Their Forecasts For This Year
Apr 30Some Analysts Just Cut Their Beijing SinoHytec Co., Ltd. (SHSE:688339) Estimates
Mar 31Is Beijing SinoHytec (SHSE:688339) Using Too Much Debt?
Mar 23Why Investors Shouldn't Be Surprised By Beijing SinoHytec Co., Ltd.'s (SHSE:688339) 27% Share Price Surge
Mar 01Financial Position Analysis
Short Term Liabilities: 688339's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 688339's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥242.1M).
Debt to Equity History and Analysis
Debt Level: 688339 has more cash than its total debt.
Reducing Debt: 688339's debt to equity ratio has increased from 7.6% to 27.4% 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: 688339 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 688339 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17% each year