Hainan Yedao (Group)Ltd Balance Sheet Health
Financial Health criteria checks 2/6
Hainan Yedao (Group)Ltd has a total shareholder equity of CN¥268.8M and total debt of CN¥231.5M, which brings its debt-to-equity ratio to 86.1%. Its total assets and total liabilities are CN¥994.8M and CN¥726.0M respectively.
Key information
86.1%
Debt to equity ratio
CN¥231.54m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥19.00m |
| Equity | CN¥268.84m |
| Total liabilities | CN¥725.97m |
| Total assets | CN¥994.81m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600238's short term assets (CN¥527.3M) exceed its short term liabilities (CN¥518.4M).
Long Term Liabilities: 600238's short term assets (CN¥527.3M) exceed its long term liabilities (CN¥207.6M).
Debt to Equity History and Analysis
Debt Level: 600238's net debt to equity ratio (79.1%) is considered high.
Reducing Debt: 600238's debt to equity ratio has increased from 33.7% to 86.1% 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: 600238 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 600238 has less than a year of cash runway if free cash flow continues to grow at historical rates of 32.7% each year.