Shanghai STEP Electric Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai STEP Electric has a total shareholder equity of CN¥1.5B and total debt of CN¥788.5M, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are CN¥4.5B and CN¥3.0B respectively.
Key information
52.8%
Debt to equity ratio
CN¥788.49m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥572.10m |
| Equity | CN¥1.49b |
| Total liabilities | CN¥3.03b |
| Total assets | CN¥4.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002527's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 002527's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥390.0M).
Debt to Equity History and Analysis
Debt Level: 002527's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: 002527's debt to equity ratio has increased from 49.9% to 52.8% 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 002527 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002527 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.8% per year.