Shenzhen Asia Link Technology DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Asia Link Technology DevelopmentLtd has a total shareholder equity of CN¥87.0M and total debt of CN¥5.0M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are CN¥734.3M and CN¥647.3M respectively.
Key information
5.7%
Debt to equity ratio
CN¥5.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥133.57m |
| Equity | CN¥87.01m |
| Total liabilities | CN¥647.31m |
| Total assets | CN¥734.32m |
Recent financial health updates
No updates
Recent updates
Some Confidence Is Lacking In Shenzhen Asia Link Technology Development Co.,Ltd. (SZSE:002316) As Shares Slide 31%
Jun 06
The Market Doesn't Like What It Sees From Shenzhen Asia Link Technology Development Co.,Ltd.'s (SZSE:002316) Revenues Yet As Shares Tumble 26%
Apr 21Subdued Growth No Barrier To Shenzhen Asia Link Technology Development Co.,Ltd. (SZSE:002316) With Shares Advancing 25%
Mar 04Financial Position Analysis
Short Term Liabilities: 002316's short term assets (CN¥604.8M) do not cover its short term liabilities (CN¥646.0M).
Long Term Liabilities: 002316's short term assets (CN¥604.8M) exceed its long term liabilities (CN¥1.3M).
Debt to Equity History and Analysis
Debt Level: 002316 has more cash than its total debt.
Reducing Debt: 002316's debt to equity ratio has reduced from 79.3% to 5.7% 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 002316 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002316 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 57.6% per year.