Shanghai Shenda Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Shenda has a total shareholder equity of CN¥3.5B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 82.1%. Its total assets and total liabilities are CN¥10.2B and CN¥6.6B respectively.
Key information
82.1%
Debt to equity ratio
CN¥2.90b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.37b |
| Equity | CN¥3.54b |
| Total liabilities | CN¥6.63b |
| Total assets | CN¥10.17b |
Financial Position Analysis
Short Term Liabilities: 600626's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 600626's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 600626's net debt to equity ratio (43.3%) is considered high.
Reducing Debt: 600626's debt to equity ratio has reduced from 90.6% to 82.1% 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: 600626 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 600626 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 2.2% each year