Shandong Huapeng GlassLtd Balance Sheet Health
Financial Health criteria checks 1/6
Shandong Huapeng GlassLtd has a total shareholder equity of CN¥363.0M and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 370.4%. Its total assets and total liabilities are CN¥2.0B and CN¥1.7B respectively.
Key information
370.4%
Debt to equity ratio
CN¥1.34b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥62.16m |
| Equity | CN¥362.97m |
| Total liabilities | CN¥1.68b |
| Total assets | CN¥2.04b |
Recent financial health updates
No updates
Recent updates
Shandong Huapeng Glass Co.,Ltd.'s (SHSE:603021) 89% Share Price Surge Not Quite Adding Up
Oct 27
Shandong Huapeng Glass Co.,Ltd.'s (SHSE:603021) Popularity With Investors Under Threat As Stock Sinks 29%
Jun 06Shandong 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¥460.1M) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 603021's short term assets (CN¥460.1M) exceed its long term liabilities (CN¥21.7M).
Debt to Equity History and Analysis
Debt Level: 603021's net debt to equity ratio (353.3%) is considered high.
Reducing Debt: 603021's debt to equity ratio has increased from 51.3% to 370.4% 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: Insufficient data to determine if 603021 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 603021 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.