Dalian Friendship (Group) Balance Sheet Health
Financial Health criteria checks 3/6
Dalian Friendship (Group) has a total shareholder equity of CN¥221.4M and total debt of CN¥507.4M, which brings its debt-to-equity ratio to 229.2%. Its total assets and total liabilities are CN¥1.0B and CN¥779.6M respectively.
Key information
229.2%
Debt to equity ratio
CN¥507.44m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥134.47m |
| Equity | CN¥221.38m |
| Total liabilities | CN¥779.64m |
| Total assets | CN¥1.00b |
Recent financial health updates
No updates
Recent updates
What Dalian Friendship (Group) Co., Ltd.'s (SZSE:000679) 31% Share Price Gain Is Not Telling You
Oct 01
Dalian Friendship (Group) Co., Ltd. (SZSE:000679) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Jul 23Dalian Friendship (Group) Co., Ltd.'s (SZSE:000679) Popularity With Investors Under Threat As Stock Sinks 27%
Jun 05Dalian Friendship (Group) Co., Ltd. (SZSE:000679) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Apr 21More Unpleasant Surprises Could Be In Store For Dalian Friendship (Group) Co., Ltd.'s (SZSE:000679) Shares After Tumbling 29%
Feb 27Financial Position Analysis
Short Term Liabilities: 000679's short term assets (CN¥311.7M) do not cover its short term liabilities (CN¥767.7M).
Long Term Liabilities: 000679's short term assets (CN¥311.7M) exceed its long term liabilities (CN¥11.9M).
Debt to Equity History and Analysis
Debt Level: 000679's net debt to equity ratio (168.5%) is considered high.
Reducing Debt: 000679's debt to equity ratio has increased from 119.5% to 229.2% 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: 000679 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 000679 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 19.6% each year.