Dahu AquacultureLtd Balance Sheet Health
Financial Health criteria checks 5/6
Dahu AquacultureLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥376.0M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are CN¥1.9B and CN¥929.9M respectively. Dahu AquacultureLtd's EBIT is CN¥45.0M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥252.2M.
Key information
37.2%
Debt to equity ratio
CN¥375.96m
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥252.21m |
| Equity | CN¥1.01b |
| Total liabilities | CN¥929.90m |
| Total assets | CN¥1.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600257's short term assets (CN¥868.5M) exceed its short term liabilities (CN¥415.7M).
Long Term Liabilities: 600257's short term assets (CN¥868.5M) exceed its long term liabilities (CN¥514.2M).
Debt to Equity History and Analysis
Debt Level: 600257's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: 600257's debt to equity ratio has increased from 14.1% to 37.2% 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 600257 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600257 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.2% per year.