Hainan Development HoldingsNanhai Balance Sheet Health
Financial Health criteria checks 5/6
Hainan Development HoldingsNanhai has a total shareholder equity of CN¥1.3B and total debt of CN¥782.1M, which brings its debt-to-equity ratio to 60.8%. Its total assets and total liabilities are CN¥5.9B and CN¥4.6B respectively.
Key information
60.8%
Debt to equity ratio
CN¥782.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥659.51m |
| Equity | CN¥1.29b |
| Total liabilities | CN¥4.59b |
| Total assets | CN¥5.87b |
Recent financial health updates
Is Hainan Development HoldingsNanhai (SZSE:002163) Weighed On By Its Debt Load?
Aug 01
Is Hainan Development HoldingsNanhai (SZSE:002163) Using Too Much Debt?
Apr 21Recent updates
Hainan Development HoldingsNanhai Co., Ltd.'s (SZSE:002163) Shares Leap 39% Yet They're Still Not Telling The Full Story
Oct 08Is Hainan Development HoldingsNanhai (SZSE:002163) Weighed On By Its Debt Load?
Aug 01Shareholders Can Be Confident That Hainan Development HoldingsNanhai's (SZSE:002163) Earnings Are High Quality
May 02Is Hainan Development HoldingsNanhai (SZSE:002163) Using Too Much Debt?
Apr 21Hainan Development HoldingsNanhai Co., Ltd.'s (SZSE:002163) Share Price Not Quite Adding Up
Mar 07Financial Position Analysis
Short Term Liabilities: 002163's short term assets (CN¥3.4B) do not cover its short term liabilities (CN¥3.6B).
Long Term Liabilities: 002163's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 002163's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: 002163's debt to equity ratio has reduced from 127.8% to 60.8% 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: 002163 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002163 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 47.4% each year