Shenzhen Original Advanced Compounds Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Original Advanced Compounds has a total shareholder equity of CN¥285.5M and total debt of CN¥246.5M, which brings its debt-to-equity ratio to 86.3%. Its total assets and total liabilities are CN¥605.1M and CN¥319.6M respectively.
Key information
86.3%
Debt to equity ratio
CN¥246.54m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥56.29m |
| Equity | CN¥285.54m |
| Total liabilities | CN¥319.58m |
| Total assets | CN¥605.12m |
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 12
Shenzhen 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¥293.0M) exceed its short term liabilities (CN¥117.8M).
Long Term Liabilities: 603991's short term assets (CN¥293.0M) exceed its long term liabilities (CN¥201.8M).
Debt to Equity History and Analysis
Debt Level: 603991's net debt to equity ratio (66.6%) is considered high.
Reducing Debt: 603991's debt to equity ratio has increased from 53.8% to 86.3% 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 7.6% each year.