Shenzhen Kingsino Technology Co.,Ltd.

SZSE:002548 Stock Report

Market Cap: CN¥3.4b

Shenzhen Kingsino TechnologyLtd Balance Sheet Health

Financial Health criteria checks 3/6

Shenzhen Kingsino TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 181.6%. Its total assets and total liabilities are CN¥5.8B and CN¥4.2B respectively.

Key information

181.6%

Debt to equity ratio

CN¥2.93b

Debt

Interest coverage ration/a
CashCN¥493.71m
EquityCN¥1.61b
Total liabilitiesCN¥4.19b
Total assetsCN¥5.80b

Recent financial health updates

No updates

Recent updates

Shenzhen Kingsino Technology Co.,Ltd. (SZSE:002548) Shares Fly 26% But Investors Aren't Buying For Growth

Mar 19
Shenzhen Kingsino Technology Co.,Ltd. (SZSE:002548) Shares Fly 26% But Investors Aren't Buying For Growth

Financial Position Analysis

Short Term Liabilities: 002548's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥3.1B).

Long Term Liabilities: 002548's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥1.1B).


Debt to Equity History and Analysis

Debt Level: 002548's net debt to equity ratio (150.9%) is considered high.

Reducing Debt: 002548's debt to equity ratio has increased from 54.2% to 181.6% 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: 002548 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 002548 has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 7.5% each year.


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