Shandong Huapeng GlassLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shandong Huapeng GlassLtd has a total shareholder equity of CN¥190.8M and total debt of CN¥493.7M, which brings its debt-to-equity ratio to 258.8%. Its total assets and total liabilities are CN¥1.8B and CN¥1.6B respectively.
Key information
258.8%
Debt to equity ratio
CN¥493.72m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥64.10m |
| Equity | CN¥190.79m |
| Total liabilities | CN¥1.65b |
| Total assets | CN¥1.84b |
Recent financial health updates
No updates
Recent updates
Shandong Huapeng Glass Co.,Ltd.'s (SHSE:603021) Popularity With Investors Under Threat As Stock Sinks 29%
Jun 06
Shandong Huapeng Glass Co.,Ltd. (SHSE:603021) Shares May Have Slumped 34% But Getting In Cheap Is Still Unlikely
Apr 21Risks Still Elevated At These Prices As Shandong Huapeng Glass Co.,Ltd. (SHSE:603021) Shares Dive 30%
Feb 26Financial Position Analysis
Short Term Liabilities: 603021's short term assets (CN¥380.4M) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 603021's short term assets (CN¥380.4M) exceed its long term liabilities (CN¥19.1M).
Debt to Equity History and Analysis
Debt Level: 603021's net debt to equity ratio (225.2%) is considered high.
Reducing Debt: 603021's debt to equity ratio has increased from 47.6% to 258.8% 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 603021 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 603021 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.5% per year.