Shifeng Cultural Development Balance Sheet Health
Financial Health criteria checks 5/6
Shifeng Cultural Development has a total shareholder equity of CN¥413.3M and total debt of CN¥195.3M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are CN¥660.3M and CN¥247.0M respectively.
Key information
47.3%
Debt to equity ratio
CN¥195.35m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥37.85m |
| Equity | CN¥413.29m |
| Total liabilities | CN¥247.02m |
| Total assets | CN¥660.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002862's short term assets (CN¥323.5M) exceed its short term liabilities (CN¥182.7M).
Long Term Liabilities: 002862's short term assets (CN¥323.5M) exceed its long term liabilities (CN¥64.3M).
Debt to Equity History and Analysis
Debt Level: 002862's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: 002862's debt to equity ratio has increased from 15.4% to 47.3% 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: 002862 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002862 has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 3.9% each year.