Guangdong Wenke Green TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Wenke Green TechnologyLtd has a total shareholder equity of CN¥369.8M and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 789.5%. Its total assets and total liabilities are CN¥6.2B and CN¥5.8B respectively.
Key information
789.5%
Debt to equity ratio
CN¥2.92b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥387.38m |
| Equity | CN¥369.82m |
| Total liabilities | CN¥5.83b |
| Total assets | CN¥6.20b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Guangdong Wenke Green Technology Corp.,Ltd. (SZSE:002775) With Shares Advancing 28%
Oct 01
There's No Escaping Guangdong Wenke Green Technology Corp.,Ltd.'s (SZSE:002775) Muted Revenues Despite A 29% Share Price Rise
Aug 15Guangdong Wenke Green Technology Corp.,Ltd. (SZSE:002775) Looks Inexpensive After Falling 27% But Perhaps Not Attractive Enough
Jun 06Why Investors Shouldn't Be Surprised By Guangdong Wenke Green Technology Corp.,Ltd.'s (SZSE:002775) 26% Share Price Plunge
Apr 17Guangdong Wenke Green Technology Corp.,Ltd. (SZSE:002775) Not Doing Enough For Some Investors As Its Shares Slump 32%
Feb 26Financial Position Analysis
Short Term Liabilities: 002775's short term assets (CN¥3.2B) do not cover its short term liabilities (CN¥4.3B).
Long Term Liabilities: 002775's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 002775's net debt to equity ratio (684.8%) is considered high.
Reducing Debt: 002775's debt to equity ratio has increased from 17.5% to 789.5% 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: 002775 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002775 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.2% each year