Xinjiang Youhao(Group)Co.Ltd Balance Sheet Health
Financial Health criteria checks 3/6
Xinjiang Youhao(Group)Co.Ltd has a total shareholder equity of CN¥241.7M and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 443.9%. Its total assets and total liabilities are CN¥3.8B and CN¥3.6B respectively. Xinjiang Youhao(Group)Co.Ltd's EBIT is CN¥39.1M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥410.0M.
Key information
443.9%
Debt to equity ratio
CN¥1.07b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥409.99m |
| Equity | CN¥241.67m |
| Total liabilities | CN¥3.57b |
| Total assets | CN¥3.81b |
Recent financial health updates
No updates
Recent updates
Xinjiang Youhao(Group)Co.,Ltd (SHSE:600778) Shares Fly 31% But Investors Aren't Buying For Growth
Dec 11
Returns On Capital Signal Difficult Times Ahead For Xinjiang Youhao(Group)Co.Ltd (SHSE:600778)
Dec 04Revenues Not Telling The Story For Xinjiang Youhao(Group)Co.,Ltd (SHSE:600778) After Shares Rise 35%
Oct 06What Xinjiang Youhao(Group)Co.,Ltd's (SHSE:600778) 31% Share Price Gain Is Not Telling You
Aug 16Xinjiang Youhao(Group)Co.Ltd's (SHSE:600778) Returns On Capital Not Reflecting Well On The Business
Aug 06Revenues Working Against Xinjiang Youhao(Group)Co.,Ltd's (SHSE:600778) Share Price
Jun 06Xinjiang Youhao(Group)Co.,Ltd (SHSE:600778) Not Doing Enough For Some Investors As Its Shares Slump 31%
Feb 26Financial Position Analysis
Short Term Liabilities: 600778's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥2.7B).
Long Term Liabilities: 600778's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥868.1M).
Debt to Equity History and Analysis
Debt Level: 600778's net debt to equity ratio (274.2%) is considered high.
Reducing Debt: 600778's debt to equity ratio has increased from 159% to 443.9% 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: Whilst unprofitable 600778 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600778 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.9% per year.