Xiamen Wanli Stone StockLtd Balance Sheet Health
Financial Health criteria checks 6/6
Xiamen Wanli Stone StockLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥303.1M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are CN¥1.8B and CN¥698.6M respectively.
Key information
28.4%
Debt to equity ratio
CN¥303.10m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥457.28m |
| Equity | CN¥1.07b |
| Total liabilities | CN¥698.65m |
| Total assets | CN¥1.77b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002785's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥687.5M).
Long Term Liabilities: 002785's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥11.1M).
Debt to Equity History and Analysis
Debt Level: 002785 has more cash than its total debt.
Reducing Debt: 002785's debt to equity ratio has reduced from 49.6% to 28.4% 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 002785 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002785 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.1% per year.