Jiawei Renewable Energy Balance Sheet Health
Financial Health criteria checks 3/6
Jiawei Renewable Energy has a total shareholder equity of CN¥1.8B and total debt of CN¥564.4M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are CN¥3.1B and CN¥1.3B respectively.
Key information
31.2%
Debt to equity ratio
CN¥564.38m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥299.58m |
| Equity | CN¥1.81b |
| Total liabilities | CN¥1.29b |
| Total assets | CN¥3.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300317's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥555.0M).
Long Term Liabilities: 300317's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥730.5M).
Debt to Equity History and Analysis
Debt Level: 300317's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: 300317's debt to equity ratio has increased from 30.6% to 31.2% 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: Insufficient data to determine if 300317 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 300317 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.