Zhanjiang Guolian Aquatic Products Balance Sheet Health
Financial Health criteria checks 5/6
Zhanjiang Guolian Aquatic Products has a total shareholder equity of CN¥2.6B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are CN¥4.8B and CN¥2.2B respectively.
Key information
61.7%
Debt to equity ratio
CN¥1.58b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥503.48m |
| Equity | CN¥2.56b |
| Total liabilities | CN¥2.21b |
| Total assets | CN¥4.77b |
Recent financial health updates
No updates
Recent updates
Zhanjiang Guolian Aquatic Products Co., Ltd.'s (SZSE:300094) Shares Bounce 26% But Its Business Still Trails The Industry
Nov 17
There's No Escaping Zhanjiang Guolian Aquatic Products Co., Ltd.'s (SZSE:300094) Muted Revenues Despite A 28% Share Price Rise
Sep 27Estimating The Intrinsic Value Of Zhanjiang Guolian Aquatic Products Co., Ltd. (SZSE:300094)
Jun 07Benign Growth For Zhanjiang Guolian Aquatic Products Co., Ltd. (SZSE:300094) Underpins Stock's 25% Plummet
Apr 25Zhanjiang Guolian Aquatic Products Co., Ltd.'s (SZSE:300094) Prospects Need A Boost To Lift Shares
Feb 28Financial Position Analysis
Short Term Liabilities: 300094's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300094's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥261.8M).
Debt to Equity History and Analysis
Debt Level: 300094's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: 300094's debt to equity ratio has reduced from 65% to 61.7% 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 300094 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300094 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.1% per year.