Fujian Snowman Group Co., Ltd.

SZSE:002639 Stock Report

Market Cap: CN¥4.7b

Fujian Snowman Group Balance Sheet Health

Financial Health criteria checks 6/6

Fujian Snowman Group has a total shareholder equity of CN¥2.5B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are CN¥4.5B and CN¥2.0B respectively. Fujian Snowman Group's EBIT is CN¥23.9M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥413.2M.

Key information

42.5%

Debt to equity ratio

CN¥1.05b

Debt

Interest coverage ratio0.6x
CashCN¥413.19m
EquityCN¥2.48b
Total liabilitiesCN¥2.05b
Total assetsCN¥4.53b

Recent financial health updates

No updates

Recent updates

Fujian Snowman Group Co., Ltd. (SZSE:002639) Investors Are Less Pessimistic Than Expected

Sep 30
Fujian Snowman Group Co., Ltd. (SZSE:002639) Investors Are Less Pessimistic Than Expected

Subdued Growth No Barrier To Fujian Snowman Co., Ltd. (SZSE:002639) With Shares Advancing 31%

Mar 04
Subdued Growth No Barrier To Fujian Snowman Co., Ltd. (SZSE:002639) With Shares Advancing 31%

Financial Position Analysis

Short Term Liabilities: 002639's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥2.0B).

Long Term Liabilities: 002639's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥97.0M).


Debt to Equity History and Analysis

Debt Level: 002639's net debt to equity ratio (25.9%) is considered satisfactory.

Reducing Debt: 002639's debt to equity ratio has reduced from 43.3% to 42.5% 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: 002639 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 002639 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 17.4% each year.


Discover healthy companies