Guosheng Shian Technology Balance Sheet Health
Financial Health criteria checks 2/6
Guosheng Shian Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥224.3M, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are CN¥3.3B and CN¥2.1B respectively.
Key information
18.5%
Debt to equity ratio
CN¥224.33m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥84.46m |
| Equity | CN¥1.21b |
| Total liabilities | CN¥2.08b |
| Total assets | CN¥3.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603778's short term assets (CN¥1.0B) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 603778's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥212.1M).
Debt to Equity History and Analysis
Debt Level: 603778's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: 603778's debt to equity ratio has increased from 6.1% to 18.5% 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: 603778 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 603778 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.4% each year