Houpu Clean Energy Group Balance Sheet Health
Financial Health criteria checks 5/6
Houpu Clean Energy Group has a total shareholder equity of CN¥1.3B and total debt of CN¥277.2M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are CN¥2.4B and CN¥1.1B respectively.
Key information
22.0%
Debt to equity ratio
CN¥277.21m
Debt
Interest coverage ratio | n/a |
Cash | CN¥255.91m |
Equity | CN¥1.26b |
Total liabilities | CN¥1.10b |
Total assets | CN¥2.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300471's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 300471's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥90.2M).
Debt to Equity History and Analysis
Debt Level: 300471's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: 300471's debt to equity ratio has increased from 19.6% to 22% 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 300471 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300471 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.3% per year.