Guangdong Quanwei TechnologyLtd Balance Sheet Health
Financial Health criteria checks 1/6
Guangdong Quanwei TechnologyLtd has a total shareholder equity of CN¥230.1M and total debt of CN¥287.3M, which brings its debt-to-equity ratio to 124.9%. Its total assets and total liabilities are CN¥1.1B and CN¥852.4M respectively.
Key information
124.9%
Debt to equity ratio
CN¥287.31m
Debt
Interest coverage ratio | n/a |
Cash | CN¥6.52m |
Equity | CN¥230.08m |
Total liabilities | CN¥852.38m |
Total assets | CN¥1.08b |
Financial Position Analysis
Short Term Liabilities: 300716's short term assets (CN¥259.1M) do not cover its short term liabilities (CN¥681.4M).
Long Term Liabilities: 300716's short term assets (CN¥259.1M) exceed its long term liabilities (CN¥171.0M).
Debt to Equity History and Analysis
Debt Level: 300716's net debt to equity ratio (122%) is considered high.
Reducing Debt: 300716's debt to equity ratio has increased from 49.7% to 124.9% 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 0.4% each year