Guangdong Huafeng New Energy TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Huafeng New Energy TechnologyLtd has a total shareholder equity of CN¥874.8M and total debt of CN¥524.0M, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are CN¥1.8B and CN¥899.5M respectively.
Key information
59.9%
Debt to equity ratio
CN¥523.95m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥104.59m |
| Equity | CN¥874.83m |
| Total liabilities | CN¥899.46m |
| Total assets | CN¥1.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002806's short term assets (CN¥824.1M) exceed its short term liabilities (CN¥523.0M).
Long Term Liabilities: 002806's short term assets (CN¥824.1M) exceed its long term liabilities (CN¥376.5M).
Debt to Equity History and Analysis
Debt Level: 002806's net debt to equity ratio (47.9%) is considered high.
Reducing Debt: 002806's debt to equity ratio has increased from 14.5% to 59.9% 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: 002806 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002806 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.5% each year