Shenzhen Jianyi Decoration Group Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Jianyi Decoration Group has a total shareholder equity of CN¥295.7M and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 657%. Its total assets and total liabilities are CN¥10.3B and CN¥10.0B respectively.
Key information
657.0%
Debt to equity ratio
CN¥1.94b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥924.38m |
| Equity | CN¥295.73m |
| Total liabilities | CN¥10.05b |
| Total assets | CN¥10.34b |
Financial Position Analysis
Short Term Liabilities: 002789's short term assets (CN¥7.2B) do not cover its short term liabilities (CN¥9.0B).
Long Term Liabilities: 002789's short term assets (CN¥7.2B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002789's net debt to equity ratio (344.4%) is considered high.
Reducing Debt: 002789's debt to equity ratio has increased from 101.2% to 657% 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 sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 42.3% each year.