Sunfly Intelligent Technology Balance Sheet Health
Financial Health criteria checks 6/6
Sunfly Intelligent Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥171.6M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are CN¥3.4B and CN¥1.9B respectively.
Key information
11.6%
Debt to equity ratio
CN¥171.62m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥352.30m |
| Equity | CN¥1.48b |
| Total liabilities | CN¥1.88b |
| Total assets | CN¥3.37b |
Recent financial health updates
No updates
Recent updates
Sunfly Intelligent Technology Co., LTD's (SZSE:300423) Shares Climb 29% But Its Business Is Yet to Catch Up
Nov 21
What Sunfly Intelligent Technology Co., LTD's (SZSE:300423) 33% Share Price Gain Is Not Telling You
Oct 02Sunfly Intelligent Technology Co., LTD's (SZSE:300423) Shares Climb 29% But Its Business Is Yet to Catch Up
Jun 14Lacklustre Performance Is Driving Sunfly Intelligent Technology Co., LTD's (SZSE:300423) 26% Price Drop
Apr 15Sunfly Intelligent Technology Co., LTD (SZSE:300423) Not Doing Enough For Some Investors As Its Shares Slump 29%
Feb 26Financial Position Analysis
Short Term Liabilities: 300423's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300423's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥28.9M).
Debt to Equity History and Analysis
Debt Level: 300423 has more cash than its total debt.
Reducing Debt: 300423's debt to equity ratio has reduced from 37.4% to 11.6% 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: 300423 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300423 has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 22.4% each year.