Hunan New WellfulLtd Balance Sheet Health
Financial Health criteria checks 3/6
Hunan New WellfulLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 100.5%. Its total assets and total liabilities are CN¥12.4B and CN¥9.2B respectively.
Key information
100.5%
Debt to equity ratio
CN¥3.20b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.45b |
| Equity | CN¥3.19b |
| Total liabilities | CN¥9.23b |
| Total assets | CN¥12.42b |
Recent financial health updates
Is Hunan New WellfulLtd (SHSE:600975) Weighed On By Its Debt Load?
Oct 28
Is Hunan New WellfulLtd (SHSE:600975) A Risky Investment?
May 31Is Hunan New WellfulLtd (SHSE:600975) A Risky Investment?
Mar 01Recent updates
Is Hunan New WellfulLtd (SHSE:600975) Weighed On By Its Debt Load?
Oct 28Take Care Before Diving Into The Deep End On Hunan New Wellful Co.,Ltd. (SHSE:600975)
Sep 26Hunan 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¥3.6B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 600975's short term assets (CN¥3.6B) do not cover its long term liabilities (CN¥6.3B).
Debt to Equity History and Analysis
Debt Level: 600975's net debt to equity ratio (55.1%) is considered high.
Reducing Debt: 600975's debt to equity ratio has increased from 15.4% to 100.5% 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 600975 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600975 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 00:08 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hunan New Wellful Co.,Ltd. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jia Chen | Changjiang Securities Co. LTD. |
| Junhao Fan | China International Capital Corporation Limited |
| null null | China International Capital Corporation Limited |