This company listing is no longer active
Shenzhen Hongtao GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Hongtao GroupLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 116.5%. Its total assets and total liabilities are CN¥6.8B and CN¥5.4B respectively.
Key information
116.5%
Debt to equity ratio
CN¥1.70b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥46.13m |
| Equity | CN¥1.46b |
| Total liabilities | CN¥5.35b |
| Total assets | CN¥6.81b |
Recent financial health updates
No updates
Recent updates
Some Confidence Is Lacking In Shenzhen Hongtao Group Co.,Ltd. (SZSE:002325) As Shares Slide 26%
Jun 03
Shenzhen Hongtao Group Co.,Ltd. (SZSE:002325) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Apr 15Optimistic Investors Push Shenzhen Hongtao Group Co.,Ltd. (SZSE:002325) Shares Up 44% But Growth Is Lacking
Mar 01Financial Position Analysis
Short Term Liabilities: 002325's short term assets (CN¥5.2B) do not cover its short term liabilities (CN¥5.3B).
Long Term Liabilities: 002325's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥41.0M).
Debt to Equity History and Analysis
Debt Level: 002325's net debt to equity ratio (113.3%) is considered high.
Reducing Debt: 002325's debt to equity ratio has increased from 101.6% to 116.5% 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: Whilst unprofitable 002325 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002325 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.4% per year.