CASIN Real Estate Development GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
CASIN Real Estate Development GroupLtd has a total shareholder equity of CN¥823.7M and total debt of CN¥369.6M, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are CN¥3.1B and CN¥2.3B respectively.
Key information
44.9%
Debt to equity ratio
CN¥369.60m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥124.08m |
| Equity | CN¥823.66m |
| Total liabilities | CN¥2.30b |
| Total assets | CN¥3.13b |
Recent financial health updates
No updates
Recent updates
CASIN Real Estate Development Group Co.,Ltd. (SZSE:000838) Held Back By Insufficient Growth Even After Shares Climb 31%
Sep 30
Lacklustre Performance Is Driving CASIN Real Estate Development Group Co.,Ltd.'s (SZSE:000838) 27% Price Drop
Jun 20CASIN Real Estate Development Group Co.,Ltd. (SZSE:000838) Shares Fly 30% But Investors Aren't Buying For Growth
Mar 14Financial Position Analysis
Short Term Liabilities: 000838's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 000838's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥120.7M).
Debt to Equity History and Analysis
Debt Level: 000838's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: 000838's debt to equity ratio has reduced from 181.7% to 44.9% 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: 000838 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 000838 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.5% each year