Guangzheng Eye Hospital GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangzheng Eye Hospital GroupLtd has a total shareholder equity of CN¥276.4M and total debt of CN¥475.2M, which brings its debt-to-equity ratio to 171.9%. Its total assets and total liabilities are CN¥1.4B and CN¥1.2B respectively.
Key information
171.9%
Debt to equity ratio
CN¥475.17m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥62.29m |
| Equity | CN¥276.38m |
| Total liabilities | CN¥1.15b |
| Total assets | CN¥1.43b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Guangzheng Eye Hospital Group Co.,Ltd. (SZSE:002524) After Shares Rise 28%
Nov 13
Guangzheng Eye Hospital Group Co.,Ltd. (SZSE:002524) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Jun 06Guangzheng Eye Hospital Group Co., Ltd.'s (SZSE:002524) Shares Climb 26% But Its Business Is Yet to Catch Up
Mar 18Financial Position Analysis
Short Term Liabilities: 002524's short term assets (CN¥272.7M) do not cover its short term liabilities (CN¥691.3M).
Long Term Liabilities: 002524's short term assets (CN¥272.7M) do not cover its long term liabilities (CN¥462.5M).
Debt to Equity History and Analysis
Debt Level: 002524's net debt to equity ratio (149.4%) is considered high.
Reducing Debt: 002524's debt to equity ratio has increased from 28.6% to 171.9% 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 002524 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002524 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 26% per year.