Shanxi Antai GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shanxi Antai GroupLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥875.7M, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are CN¥5.0B and CN¥3.4B respectively.
Key information
56.2%
Debt to equity ratio
CN¥875.74m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥324.26m |
| Equity | CN¥1.56b |
| Total liabilities | CN¥3.42b |
| Total assets | CN¥4.98b |
Recent financial health updates
No updates
Recent updates
Improved Revenues Required Before Shanxi Antai Group Co.,Ltd (SHSE:600408) Stock's 28% Jump Looks Justified
Oct 01
Lacklustre Performance Is Driving Shanxi Antai Group Co.,Ltd's (SHSE:600408) Low P/S
Jun 05The Market Doesn't Like What It Sees From Shanxi Antai Group Co.,Ltd's (SHSE:600408) Revenues Yet
Feb 27Financial Position Analysis
Short Term Liabilities: 600408's short term assets (CN¥855.0M) do not cover its short term liabilities (CN¥2.5B).
Long Term Liabilities: 600408's short term assets (CN¥855.0M) do not cover its long term liabilities (CN¥962.1M).
Debt to Equity History and Analysis
Debt Level: 600408's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 600408's debt to equity ratio has reduced from 92.8% to 56.2% 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 600408 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600408 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.5% per year.