Sunfly Intelligent Technology Balance Sheet Health
Financial Health criteria checks 5/6
Sunfly Intelligent Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥116.6M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥3.3B and CN¥1.8B respectively.
Key information
7.9%
Debt to equity ratio
CN¥116.56m
Debt
Interest coverage ratio | n/a |
Cash | CN¥358.81m |
Equity | CN¥1.47b |
Total liabilities | CN¥1.83b |
Total assets | CN¥3.30b |
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
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¥2.3B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 300423's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥34.0M).
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 38.4% to 7.9% 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: 300423 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300423 has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.5% each year.