Beijing SinoHytec Balance Sheet Health
Financial Health criteria checks 5/6
Beijing SinoHytec has a total shareholder equity of CN¥3.2B and total debt of CN¥775.9M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are CN¥5.0B and CN¥1.7B respectively.
Key information
24.0%
Debt to equity ratio
CN¥775.89m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.31b |
| Equity | CN¥3.24b |
| Total liabilities | CN¥1.74b |
| Total assets | CN¥4.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688339's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 688339's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥226.0M).
Debt to Equity History and Analysis
Debt Level: 688339 has more cash than its total debt.
Reducing Debt: 688339's debt to equity ratio has increased from 6.5% to 24% 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: 688339 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 688339 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17.8% each year