Shenzhen Hemei GroupLTD Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Hemei GroupLTD has a total shareholder equity of CN¥614.0M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥825.4M and CN¥211.4M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥315.58m |
| Equity | CN¥614.01m |
| Total liabilities | CN¥211.38m |
| Total assets | CN¥825.39m |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Shenzhen Hemei Group Co.,LTD. (SZSE:002356) Shares Up 26% But Growth Is Lacking
Nov 22
Shenzhen Hemei Group Co.,LTD.'s (SZSE:002356) Business Is Trailing The Industry But Its Shares Aren't
Aug 21Investor Optimism Abounds Shenzhen Hemei Group Co.,LTD. (SZSE:002356) But Growth Is Lacking
Mar 14Financial Position Analysis
Short Term Liabilities: 002356's short term assets (CN¥649.8M) exceed its short term liabilities (CN¥210.1M).
Long Term Liabilities: 002356's short term assets (CN¥649.8M) exceed its long term liabilities (CN¥1.3M).
Debt to Equity History and Analysis
Debt Level: 002356 is debt free.
Reducing Debt: 002356 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: 002356 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002356 has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 37.5% each year.