Hunan HuashengLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hunan HuashengLtd has a total shareholder equity of CN¥451.4M and total debt of CN¥145.0M, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are CN¥881.5M and CN¥430.1M respectively.
Key information
32.1%
Debt to equity ratio
CN¥145.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥196.07m |
Equity | CN¥451.36m |
Total liabilities | CN¥430.14m |
Total assets | CN¥881.50m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600156's short term assets (CN¥352.5M) exceed its short term liabilities (CN¥261.4M).
Long Term Liabilities: 600156's short term assets (CN¥352.5M) exceed its long term liabilities (CN¥168.7M).
Debt to Equity History and Analysis
Debt Level: 600156 has more cash than its total debt.
Reducing Debt: 600156's debt to equity ratio has increased from 2.5% to 32.1% 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: 600156 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 600156 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 10.6% each year