Shenzhen Ruihe Construction Decoration Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Ruihe Construction Decoration has a total shareholder equity of CN¥326.1M and total debt of CN¥714.5M, which brings its debt-to-equity ratio to 219.1%. Its total assets and total liabilities are CN¥3.7B and CN¥3.4B respectively.
Key information
219.1%
Debt to equity ratio
CN¥714.50m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥185.12m |
| Equity | CN¥326.12m |
| Total liabilities | CN¥3.37b |
| Total assets | CN¥3.70b |
Recent financial health updates
No updates
Recent updates
There's No Escaping Shenzhen Ruihe Construction Decoration Co., Ltd.'s (SZSE:002620) Muted Revenues Despite A 27% Share Price Rise
Oct 25
Shenzhen Ruihe Construction Decoration Co., Ltd.'s (SZSE:002620) Price Is Right But Growth Is Lacking After Shares Rocket 32%
May 21Shenzhen Ruihe Construction Decoration's (SZSE:002620) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 18Shenzhen Ruihe Construction Decoration Co., Ltd.'s (SZSE:002620) 26% Dip In Price Shows Sentiment Is Matching Revenues
Feb 26Financial Position Analysis
Short Term Liabilities: 002620's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 002620's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥755.5M).
Debt to Equity History and Analysis
Debt Level: 002620's net debt to equity ratio (162.3%) is considered high.
Reducing Debt: 002620's debt to equity ratio has increased from 36.1% to 219.1% 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 002620 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002620 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.8% per year.