Shenzhen Original Advanced Compounds Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Original Advanced Compounds has a total shareholder equity of CN¥277.6M and total debt of CN¥240.7M, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are CN¥637.4M and CN¥359.8M respectively.
Key information
86.7%
Debt to equity ratio
CN¥240.68m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥49.12m |
| Equity | CN¥277.59m |
| Total liabilities | CN¥359.77m |
| Total assets | CN¥637.36m |
Recent financial health updates
No updates
Recent updates
Shenzhen Original Advanced Compounds Co., Ltd.'s (SHSE:603991) 27% Share Price Surge Not Quite Adding Up
Sep 26
There's Reason For Concern Over Shenzhen Original Advanced Compounds Co., Ltd.'s (SHSE:603991) Massive 30% Price Jump
Jun 12Shenzhen Original Advanced Compounds Co., Ltd. (SHSE:603991) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely
Apr 21Shenzhen Original Advanced Compounds Co., Ltd.'s (SHSE:603991) 27% Share Price Surge Not Quite Adding Up
Mar 07Financial Position Analysis
Short Term Liabilities: 603991's short term assets (CN¥328.8M) exceed its short term liabilities (CN¥159.4M).
Long Term Liabilities: 603991's short term assets (CN¥328.8M) exceed its long term liabilities (CN¥200.3M).
Debt to Equity History and Analysis
Debt Level: 603991's net debt to equity ratio (69%) is considered high.
Reducing Debt: 603991's debt to equity ratio has increased from 53.3% to 86.7% 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: 603991 has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 603991 is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.