Jiangsu Hagong Intelligent Robot Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Hagong Intelligent Robot has a total shareholder equity of CN¥551.1M and total debt of CN¥305.0M, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are CN¥3.9B and CN¥3.3B respectively.
Key information
55.4%
Debt to equity ratio
CN¥305.05m
Debt
Interest coverage ratio | n/a |
Cash | CN¥139.33m |
Equity | CN¥551.12m |
Total liabilities | CN¥3.33b |
Total assets | CN¥3.88b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000584's short term assets (CN¥2.5B) do not cover its short term liabilities (CN¥2.9B).
Long Term Liabilities: 000584's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥405.1M).
Debt to Equity History and Analysis
Debt Level: 000584's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: 000584's debt to equity ratio has increased from 22.6% to 55.4% 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: Whilst unprofitable 000584 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000584 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.6% per year.