Ningbo Xianfeng New MaterialLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Xianfeng New MaterialLtd has a total shareholder equity of CN¥488.8M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥594.6M and CN¥105.8M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥94.59m |
| Equity | CN¥488.79m |
| Total liabilities | CN¥105.78m |
| Total assets | CN¥594.57m |
Recent financial health updates
Recent updates
Getting In Cheap On Ningbo Xianfeng New Material Co.,Ltd (SZSE:300163) Is Unlikely
Oct 05
We're Not Very Worried About Ningbo Xianfeng New MaterialLtd's (SZSE:300163) Cash Burn Rate
Aug 15More Unpleasant Surprises Could Be In Store For Ningbo Xianfeng New Material Co.,Ltd's (SZSE:300163) Shares After Tumbling 40%
May 31Some Ningbo Xianfeng New Material Co.,Ltd (SZSE:300163) Shareholders Look For Exit As Shares Take 34% Pounding
Apr 16Some Confidence Is Lacking In Ningbo Xianfeng New Material Co.,Ltd's (SZSE:300163) P/S
Feb 28Financial Position Analysis
Short Term Liabilities: 300163's short term assets (CN¥321.4M) exceed its short term liabilities (CN¥43.9M).
Long Term Liabilities: 300163's short term assets (CN¥321.4M) exceed its long term liabilities (CN¥61.9M).
Debt to Equity History and Analysis
Debt Level: 300163 is debt free.
Reducing Debt: 300163 has no debt compared to 5 years ago when its debt to equity ratio was 33.1%.
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: 300163 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300163 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 25.2% each year