Lisheng Sports (Shanghai)Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Lisheng Sports (Shanghai)Ltd has a total shareholder equity of CN¥683.7M and total debt of CN¥154.1M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are CN¥1.0B and CN¥335.7M respectively. Lisheng Sports (Shanghai)Ltd's EBIT is CN¥6.5M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥243.1M.
Key information
22.5%
Debt to equity ratio
CN¥154.06m
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥243.09m |
| Equity | CN¥683.66m |
| Total liabilities | CN¥335.71m |
| Total assets | CN¥1.02b |
Recent financial health updates
No updates
Recent updates
Investors Don't See Light At End Of Lisheng Sports (Shanghai) Co.,Ltd's (SZSE:002858) Tunnel
Sep 30
Little Excitement Around Lisheng Sports (Shanghai) Co.,Ltd's (SZSE:002858) Revenues As Shares Take 29% Pounding
Apr 22Lisheng Sports (Shanghai) Co.,Ltd (SZSE:002858) Held Back By Insufficient Growth Even After Shares Climb 38%
Mar 08Financial Position Analysis
Short Term Liabilities: 002858's short term assets (CN¥464.3M) exceed its short term liabilities (CN¥326.9M).
Long Term Liabilities: 002858's short term assets (CN¥464.3M) exceed its long term liabilities (CN¥8.9M).
Debt to Equity History and Analysis
Debt Level: 002858 has more cash than its total debt.
Reducing Debt: 002858's debt to equity ratio has increased from 13.3% to 22.5% 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 002858 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002858 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.9% per year.