Chongqing Hifuture Information Technology Balance Sheet Health
Financial Health criteria checks 2/6
Chongqing Hifuture Information Technology has a total shareholder equity of CN¥7.4M and total debt of CN¥299.9M, which brings its debt-to-equity ratio to 4065%. Its total assets and total liabilities are CN¥891.5M and CN¥884.1M respectively.
Key information
4,065.0%
Debt to equity ratio
CN¥299.95m
Debt
Interest coverage ratio | n/a |
Cash | CN¥48.35m |
Equity | CN¥7.38m |
Total liabilities | CN¥884.14m |
Total assets | CN¥891.52m |
Recent financial health updates
No updates
Recent updates
Estimating The Intrinsic Value Of Chongqing Hifuture Information Technology Co., Ltd. (SZSE:002168)
Jul 17Chongqing Hifuture Information Technology Co., Ltd.'s (SZSE:002168) 26% Share Price Plunge Could Signal Some Risk
Jun 04What Chongqing Hifuture Information Technology Co., Ltd.'s (SZSE:002168) 30% Share Price Gain Is Not Telling You
Mar 13Financial Position Analysis
Short Term Liabilities: 002168's short term assets (CN¥357.3M) do not cover its short term liabilities (CN¥669.1M).
Long Term Liabilities: 002168's short term assets (CN¥357.3M) exceed its long term liabilities (CN¥215.0M).
Debt to Equity History and Analysis
Debt Level: 002168's net debt to equity ratio (3409.7%) is considered high.
Reducing Debt: 002168's debt to equity ratio has increased from 12.7% to 4065% 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: 002168 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002168 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.