YaGuang Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
YaGuang Technology Group has a total shareholder equity of CN¥2.7B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 67.2%. Its total assets and total liabilities are CN¥6.1B and CN¥3.4B respectively.
Key information
67.2%
Debt to equity ratio
CN¥1.79b
Debt
Interest coverage ratio | n/a |
Cash | CN¥160.18m |
Equity | CN¥2.67b |
Total liabilities | CN¥3.42b |
Total assets | CN¥6.09b |
Recent financial health updates
Is YaGuang Technology Group (SZSE:300123) A Risky Investment?
Jul 01Does YaGuang Technology Group (SZSE:300123) Have A Healthy Balance Sheet?
Feb 29Recent updates
Is YaGuang Technology Group (SZSE:300123) A Risky Investment?
Jul 01Returns On Capital At YaGuang Technology Group (SZSE:300123) Paint A Concerning Picture
May 24YaGuang Technology Group Company Limited (SZSE:300123) Shares Fly 40% But Investors Aren't Buying For Growth
Mar 07Does YaGuang Technology Group (SZSE:300123) Have A Healthy Balance Sheet?
Feb 29Financial Position Analysis
Short Term Liabilities: 300123's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 300123's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥553.6M).
Debt to Equity History and Analysis
Debt Level: 300123's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: 300123's debt to equity ratio has increased from 24.1% to 67.2% 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 300123 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300123 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.6% per year.