Shenzhen Jianyi Decoration Group Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Jianyi Decoration Group has a total shareholder equity of CN¥281.3M and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 832.2%. Its total assets and total liabilities are CN¥9.5B and CN¥9.3B respectively.
Key information
832.2%
Debt to equity ratio
CN¥2.34b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥608.82m |
| Equity | CN¥281.30m |
| Total liabilities | CN¥9.26b |
| Total assets | CN¥9.54b |
Financial Position Analysis
Short Term Liabilities: 002789's short term assets (CN¥6.4B) do not cover its short term liabilities (CN¥8.2B).
Long Term Liabilities: 002789's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 002789's net debt to equity ratio (615.8%) is considered high.
Reducing Debt: 002789's debt to equity ratio has increased from 112.2% to 832.2% 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: 002789 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002789 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.7% each year