Shenyang Chemical Industry Balance Sheet Health
Financial Health criteria checks 4/6
Shenyang Chemical Industry has a total shareholder equity of CN¥1.4B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 87.4%. Its total assets and total liabilities are CN¥4.6B and CN¥3.2B respectively.
Key information
87.4%
Debt to equity ratio
CN¥1.21b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥733.78m |
| Equity | CN¥1.38b |
| Total liabilities | CN¥3.19b |
| Total assets | CN¥4.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000698's short term assets (CN¥1.9B) do not cover its short term liabilities (CN¥2.8B).
Long Term Liabilities: 000698's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥426.4M).
Debt to Equity History and Analysis
Debt Level: 000698's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: 000698's debt to equity ratio has increased from 72.4% to 87.4% 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: Whilst unprofitable 000698 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000698 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.3% per year.