This company listing is no longer active
Shouhang High-Tech Energy Balance Sheet Health
Financial Health criteria checks 6/6
Shouhang High-Tech Energy has a total shareholder equity of CN¥4.9B and total debt of CN¥546.0M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are CN¥8.0B and CN¥3.1B respectively.
Key information
11.3%
Debt to equity ratio
CN¥545.98m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥413.48m |
| Equity | CN¥4.85b |
| Total liabilities | CN¥3.12b |
| Total assets | CN¥7.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002665's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002665's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 002665's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: 002665's debt to equity ratio has reduced from 12.8% to 11.3% 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 002665 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002665 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.8% per year.