Chongqing Sansheng IndustrialLtd Balance Sheet Health
Financial Health criteria checks 1/6
Chongqing Sansheng IndustrialLtd has a total shareholder equity of CN¥511.1M and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 208.3%. Its total assets and total liabilities are CN¥3.7B and CN¥3.2B respectively. Chongqing Sansheng IndustrialLtd's EBIT is CN¥101.1M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥58.9M.
Key information
208.3%
Debt to equity ratio
CN¥1.06b
Debt
Interest coverage ratio | 0.6x |
Cash | CN¥58.86m |
Equity | CN¥511.14m |
Total liabilities | CN¥3.22b |
Total assets | CN¥3.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002742's short term assets (CN¥1.6B) do not cover its short term liabilities (CN¥3.1B).
Long Term Liabilities: 002742's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥103.6M).
Debt to Equity History and Analysis
Debt Level: 002742's net debt to equity ratio (196.8%) is considered high.
Reducing Debt: 002742's debt to equity ratio has increased from 86.6% to 208.3% 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: 002742 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002742 has less than a year of cash runway if free cash flow continues to grow at historical rates of 38% each year.