Hunan New WellfulLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hunan New WellfulLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 107.4%. Its total assets and total liabilities are CN¥12.1B and CN¥9.2B respectively.
Key information
107.4%
Debt to equity ratio
CN¥3.11b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥979.05m |
| Equity | CN¥2.90b |
| Total liabilities | CN¥9.20b |
| Total assets | CN¥12.10b |
Recent financial health updates
Is Hunan New WellfulLtd (SHSE:600975) A Risky Investment?
May 31
Is Hunan New WellfulLtd (SHSE:600975) A Risky Investment?
Mar 01Recent updates
Hunan New Wellful Co.,Ltd. (SHSE:600975) Might Not Be As Mispriced As It Looks After Plunging 25%
Jun 26Is Hunan New WellfulLtd (SHSE:600975) A Risky Investment?
May 31Earnings Update: Hunan New Wellful Co.,Ltd. (SHSE:600975) Just Reported And Analysts Are Trimming Their Forecasts
Apr 23Is Hunan New WellfulLtd (SHSE:600975) A Risky Investment?
Mar 01Financial Position Analysis
Short Term Liabilities: 600975's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 600975's short term assets (CN¥3.2B) do not cover its long term liabilities (CN¥6.0B).
Debt to Equity History and Analysis
Debt Level: 600975's net debt to equity ratio (73.6%) is considered high.
Reducing Debt: 600975's debt to equity ratio has increased from 11% to 107.4% 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: 600975 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 600975 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.