Jilin Quanyangquan Balance Sheet Health
Financial Health criteria checks 4/6
Jilin Quanyangquan has a total shareholder equity of CN¥1.4B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 106.3%. Its total assets and total liabilities are CN¥4.4B and CN¥3.0B respectively.
Key information
106.3%
Debt to equity ratio
CN¥1.51b
Debt
Interest coverage ratio | n/a |
Cash | CN¥559.33m |
Equity | CN¥1.42b |
Total liabilities | CN¥2.96b |
Total assets | CN¥4.38b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600189's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 600189's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥432.2M).
Debt to Equity History and Analysis
Debt Level: 600189's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: 600189's debt to equity ratio has increased from 77.4% to 106.3% 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 600189 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600189 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.5% per year.