Shanghai Hongda New Material Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Hongda New Material has a total shareholder equity of CN¥45.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥380.3M and CN¥335.0M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥169.51m |
| Equity | CN¥45.21m |
| Total liabilities | CN¥335.04m |
| Total assets | CN¥380.25m |
Recent financial health updates
No updates
Recent updates
Some Shareholders Feeling Restless Over Shanghai Hongda New Material Co., Ltd.'s (SZSE:002211) P/S Ratio
Sep 30
Some Confidence Is Lacking In Shanghai Hongda New Material Co., Ltd. (SZSE:002211) As Shares Slide 30%
Jun 06Shanghai Hongda New Material Co., Ltd.'s (SZSE:002211) 38% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 22Revenues Not Telling The Story For Shanghai Hongda New Material Co., Ltd. (SZSE:002211) After Shares Rise 30%
Mar 07Financial Position Analysis
Short Term Liabilities: 002211's short term assets (CN¥281.4M) do not cover its short term liabilities (CN¥303.7M).
Long Term Liabilities: 002211's short term assets (CN¥281.4M) exceed its long term liabilities (CN¥31.3M).
Debt to Equity History and Analysis
Debt Level: 002211 is debt free.
Reducing Debt: 002211 had no debt 5 years ago.
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: 002211 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002211 has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 20.5% each year.