Fujian Snowman Group Co., Ltd.

SZSE:002639 Stock Report

Market Cap: CN¥4.5b

Fujian Snowman Group Balance Sheet Health

Financial Health criteria checks 5/6

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 44.5%. Its total assets and total liabilities are CN¥4.5B and CN¥2.0B respectively. Fujian Snowman Group's EBIT is CN¥11.1M making its interest coverage ratio 0.3. It has cash and short-term investments of CN¥388.3M.

Key information

44.5%

Debt to equity ratio

CN¥1.10b

Debt

Interest coverage ratio0.3x
CashCN¥388.30m
EquityCN¥2.46b
Total liabilitiesCN¥2.00b
Total assetsCN¥4.47b

Recent financial health updates

No updates

Recent updates

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¥2.4B) exceed its short term liabilities (CN¥1.9B).

Long Term Liabilities: 002639's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥131.1M).


Debt to Equity History and Analysis

Debt Level: 002639's net debt to equity ratio (28.8%) is considered satisfactory.

Reducing Debt: 002639's debt to equity ratio has increased from 44% to 44.5% 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 2.5 years if free cash flow continues to reduce at historical rates of 15% each year.


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