Guangdong Quanwei TechnologyLtd Balance Sheet Health
Financial Health criteria checks 1/6
Guangdong Quanwei TechnologyLtd has a total shareholder equity of CN¥127.8M and total debt of CN¥303.0M, which brings its debt-to-equity ratio to 237.1%. Its total assets and total liabilities are CN¥1.1B and CN¥948.3M respectively.
Key information
237.1%
Debt to equity ratio
CN¥302.95m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.09m |
| Equity | CN¥127.75m |
| Total liabilities | CN¥948.28m |
| Total assets | CN¥1.08b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Guangdong Quanwei Technology Co.,Ltd.'s (SZSE:300716) Massive 36% Price Jump
Oct 14
Guangdong Quanwei Technology Co.,Ltd.'s (SZSE:300716) 30% Price Boost Is Out Of Tune With Revenues
Aug 26Little Excitement Around Guangdong Quanwei Technology Co.,Ltd.'s (SZSE:300716) Revenues As Shares Take 28% Pounding
Jun 05Guangdong Quanwei Technology Co.,Ltd. (SZSE:300716) Surges 79% Yet Its Low P/S Is No Reason For Excitement
Mar 18Financial Position Analysis
Short Term Liabilities: 300716's short term assets (CN¥233.8M) do not cover its short term liabilities (CN¥817.7M).
Long Term Liabilities: 300716's short term assets (CN¥233.8M) exceed its long term liabilities (CN¥130.6M).
Debt to Equity History and Analysis
Debt Level: 300716's net debt to equity ratio (233.2%) is considered high.
Reducing Debt: 300716's debt to equity ratio has increased from 50.5% to 237.1% 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: 300716 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300716 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.3% each year