Shanghai Taihe Water Technology DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Taihe Water Technology DevelopmentLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.6B and CN¥284.6M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥222.40m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥284.56m |
| Total assets | CN¥1.56b |
Recent financial health updates
Here's Why We're Not Too Worried About Shanghai Taihe Water Technology DevelopmentLtd's (SHSE:605081) Cash Burn Situation
Oct 14
We Think Shanghai Taihe Water Technology DevelopmentLtd (SHSE:605081) Can Afford To Drive Business Growth
Jul 02Recent updates
Shanghai Taihe Water Technology Development Co.,Ltd.'s (SHSE:605081) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jan 06Here's Why We're Not Too Worried About Shanghai Taihe Water Technology DevelopmentLtd's (SHSE:605081) Cash Burn Situation
Oct 14More Unpleasant Surprises Could Be In Store For Shanghai Taihe Water Technology Development Co.,Ltd.'s (SHSE:605081) Shares After Tumbling 27%
Sep 09Revenues Not Telling The Story For Shanghai Taihe Water Technology Development Co.,Ltd. (SHSE:605081) After Shares Rise 28%
Jul 24We Think Shanghai Taihe Water Technology DevelopmentLtd (SHSE:605081) Can Afford To Drive Business Growth
Jul 02There's Reason For Concern Over Shanghai Taihe Water Technology Development Co.,Ltd.'s (SHSE:605081) Massive 26% Price Jump
May 27Shanghai Taihe Water Technology Development Co.,Ltd. (SHSE:605081) Investors Are Less Pessimistic Than Expected
Mar 06Financial Position Analysis
Short Term Liabilities: 605081's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥188.4M).
Long Term Liabilities: 605081's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥96.2M).
Debt to Equity History and Analysis
Debt Level: 605081 is debt free.
Reducing Debt: 605081 has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
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: 605081 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 605081 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 15.2% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 11:00 |
| End of Day Share Price | 2025/01/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shanghai Taihe Water Technology Development Co.,Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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