Jinan High-tech Development Balance Sheet Health
Financial Health criteria checks 2/6
Jinan High-tech Development has a total shareholder equity of CN¥522.6M and total debt of CN¥489.1M, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are CN¥2.1B and CN¥1.6B respectively.
Key information
93.6%
Debt to equity ratio
CN¥489.12m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥90.55m |
| Equity | CN¥522.56m |
| Total liabilities | CN¥1.57b |
| Total assets | CN¥2.09b |
Recent financial health updates
No updates
Recent updates
Jinan High-tech Development Co., Ltd. (SHSE:600807) Stock Rockets 43% As Investors Are Less Pessimistic Than Expected
Oct 23
Jinan High-tech Development Co., Ltd.'s (SHSE:600807) Shares May Have Run Too Fast Too Soon
Aug 23Investor Optimism Abounds Jinan High-tech Development Co., Ltd. (SHSE:600807) But Growth Is Lacking
Feb 27Financial Position Analysis
Short Term Liabilities: 600807's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: 600807's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥138.5M).
Debt to Equity History and Analysis
Debt Level: 600807's net debt to equity ratio (76.3%) is considered high.
Reducing Debt: 600807's debt to equity ratio has reduced from 119.8% to 93.6% 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: 600807 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 600807 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.9% each year