Jiangxi Haiyuan Composites TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Jiangxi Haiyuan Composites TechnologyLtd has a total shareholder equity of CN¥426.7M and total debt of CN¥166.7M, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are CN¥994.2M and CN¥567.5M respectively.
Key information
39.1%
Debt to equity ratio
CN¥166.74m
Debt
Interest coverage ratio | n/a |
Cash | CN¥44.93m |
Equity | CN¥426.71m |
Total liabilities | CN¥567.52m |
Total assets | CN¥994.23m |
Recent financial health updates
No updates
Recent updates
Risks Still Elevated At These Prices As Jiangxi Haiyuan Composites Technology Co.,Ltd. (SZSE:002529) Shares Dive 26%
Jun 06Jiangxi Haiyuan Composites Technology Co.,Ltd.'s (SZSE:002529) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors
Apr 16The Price Is Right For Jiangxi Haiyuan Composites Technology Co.,Ltd. (SZSE:002529)
Feb 28Financial Position Analysis
Short Term Liabilities: 002529's short term assets (CN¥280.4M) do not cover its short term liabilities (CN¥426.0M).
Long Term Liabilities: 002529's short term assets (CN¥280.4M) exceed its long term liabilities (CN¥141.5M).
Debt to Equity History and Analysis
Debt Level: 002529's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: 002529's debt to equity ratio has increased from 21.9% to 39.1% 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: 002529 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002529 has less than a year of cash runway if free cash flow continues to grow at historical rates of 27.3% each year.