Shenzhen Original Advanced Compounds Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Original Advanced Compounds has a total shareholder equity of CN¥283.9M and total debt of CN¥255.3M, which brings its debt-to-equity ratio to 89.9%. Its total assets and total liabilities are CN¥619.1M and CN¥335.3M respectively.
Key information
89.9%
Debt to equity ratio
CN¥255.33m
Debt
Interest coverage ratio | n/a |
Cash | CN¥64.26m |
Equity | CN¥283.87m |
Total liabilities | CN¥335.28m |
Total assets | CN¥619.15m |
Recent financial health updates
No updates
Recent updates
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¥303.6M) exceed its short term liabilities (CN¥120.6M).
Long Term Liabilities: 603991's short term assets (CN¥303.6M) exceed its long term liabilities (CN¥214.7M).
Debt to Equity History and Analysis
Debt Level: 603991's net debt to equity ratio (67.3%) is considered high.
Reducing Debt: 603991's debt to equity ratio has increased from 47.4% to 89.9% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 603991 has less than a year of cash runway if free cash flow continues to grow at historical rates of 14.8% each year.