Shanghai Yanhua Smartech Group Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Yanhua Smartech Group has a total shareholder equity of CN¥621.6M and total debt of CN¥164.8M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are CN¥1.6B and CN¥936.8M respectively.
Key information
26.5%
Debt to equity ratio
CN¥164.80m
Debt
Interest coverage ratio | n/a |
Cash | CN¥284.23m |
Equity | CN¥621.64m |
Total liabilities | CN¥936.79m |
Total assets | CN ¥1.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002178's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥910.2M).
Long Term Liabilities: 002178's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥26.6M).
Debt to Equity History and Analysis
Debt Level: 002178 has more cash than its total debt.
Reducing Debt: 002178's debt to equity ratio has increased from 7.9% to 26.5% 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: 002178 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002178 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 29.4% each year