Jiangsu Boamax Technologies GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Boamax Technologies GroupLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥615.3M, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are CN¥2.8B and CN¥1.7B respectively.
Key information
57.2%
Debt to equity ratio
CN¥615.32m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥38.76m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥2.76b |
Recent financial health updates
Recent updates
Jiangsu Boamax Technologies Group Co.,Ltd. (SZSE:002514) Stock Rockets 49% As Investors Are Less Pessimistic Than Expected
Oct 23
Would Jiangsu Boamax Technologies GroupLtd (SZSE:002514) Be Better Off With Less Debt?
Oct 01Optimistic Investors Push Jiangsu Boamax Technologies Group Co.,Ltd. (SZSE:002514) Shares Up 29% But Growth Is Lacking
Sep 02There's Reason For Concern Over Jiangsu Boamax Technologies Group Co.,Ltd.'s (SZSE:002514) Price
Jun 07Jiangsu Boamax Technologies Group Co.,Ltd. (SZSE:002514) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected
Mar 06Financial Position Analysis
Short Term Liabilities: 002514's short term assets (CN¥913.9M) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002514's short term assets (CN¥913.9M) exceed its long term liabilities (CN¥413.9M).
Debt to Equity History and Analysis
Debt Level: 002514's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: 002514's debt to equity ratio has increased from 28.6% to 57.2% 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 002514 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002514 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 42.4% per year.