Jinan High-tech Development Balance Sheet Health
Financial Health criteria checks 3/6
Jinan High-tech Development has a total shareholder equity of CN¥554.0M and total debt of CN¥530.3M, which brings its debt-to-equity ratio to 95.7%. Its total assets and total liabilities are CN¥2.2B and CN¥1.6B respectively.
Key information
95.7%
Debt to equity ratio
CN¥530.28m
Debt
Interest coverage ratio | n/a |
Cash | CN¥135.04m |
Equity | CN¥554.01m |
Total liabilities | CN¥1.60b |
Total assets | CN¥2.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600807's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 600807's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥185.2M).
Debt to Equity History and Analysis
Debt Level: 600807's net debt to equity ratio (71.3%) is considered high.
Reducing Debt: 600807's debt to equity ratio has reduced from 129.2% to 95.7% 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 20.8% each year