Xinjiang Machinery Research Institute Co., Ltd.

SZSE:300159 Stock Report

Market Cap: CN¥5.9b

Xinjiang Machinery Research Institute Balance Sheet Health

Financial Health criteria checks 2/6

Xinjiang Machinery Research Institute has a total shareholder equity of CN¥-161.6M and total debt of CN¥1.6B, which brings its debt-to-equity ratio to -1004.1%. Its total assets and total liabilities are CN¥2.7B and CN¥2.9B respectively.

Key information

-1,004.1%

Debt to equity ratio

CN¥1.62b

Debt

Interest coverage ration/a
CashCN¥412.50m
Equity-CN¥161.63m
Total liabilitiesCN¥2.90b
Total assetsCN¥2.74b

Recent financial health updates

No updates

Recent updates

There's Reason For Concern Over Xinjiang Machinery Research Institute Co., Ltd.'s (SZSE:300159) Massive 31% Price Jump

Oct 01
There's Reason For Concern Over Xinjiang Machinery Research Institute Co., Ltd.'s (SZSE:300159) Massive 31% Price Jump

Revenues Not Telling The Story For Xinjiang Machinery Research Institute Co., Ltd. (SZSE:300159) After Shares Rise 26%

Aug 04
Revenues Not Telling The Story For Xinjiang Machinery Research Institute Co., Ltd. (SZSE:300159) After Shares Rise 26%

Some Confidence Is Lacking In Xinjiang Machinery Research Institute Co., Ltd. (SZSE:300159) As Shares Slide 30%

Jun 19
Some Confidence Is Lacking In Xinjiang Machinery Research Institute Co., Ltd. (SZSE:300159) As Shares Slide 30%

Xinjiang Machinery Research Institute Co., Ltd. (SZSE:300159) Stock Catapults 26% Though Its Price And Business Still Lag The Industry

Mar 07
Xinjiang Machinery Research Institute Co., Ltd. (SZSE:300159) Stock Catapults 26% Though Its Price And Business Still Lag The Industry

Financial Position Analysis

Short Term Liabilities: 300159 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 300159 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: 300159 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 300159's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

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: 300159 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 300159 has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 20.8% each year.

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