Xinglong Holding (Group) Balance Sheet Health
Financial Health criteria checks 6/6
Xinglong Holding (Group) has a total shareholder equity of CN¥730.9M and total debt of CN¥98.7M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are CN¥908.9M and CN¥178.0M respectively.
Key information
13.5%
Debt to equity ratio
CN¥98.70m
Debt
Interest coverage ratio | n/a |
Cash | CN¥191.65m |
Equity | CN¥730.93m |
Total liabilities | CN¥178.01m |
Total assets | CN¥908.94m |
Financial Position Analysis
Short Term Liabilities: 000955's short term assets (CN¥454.0M) exceed its short term liabilities (CN¥114.6M).
Long Term Liabilities: 000955's short term assets (CN¥454.0M) exceed its long term liabilities (CN¥63.4M).
Debt to Equity History and Analysis
Debt Level: 000955 has more cash than its total debt.
Reducing Debt: 000955's debt to equity ratio has reduced from 94.9% to 13.5% 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: Whilst unprofitable 000955 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000955 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28% per year.