EGing Photovoltaic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
EGing Photovoltaic TechnologyLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥562.3M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are CN¥9.7B and CN¥7.0B respectively.
Key information
20.9%
Debt to equity ratio
CN¥562.32m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.71b |
| Equity | CN¥2.69b |
| Total liabilities | CN¥7.01b |
| Total assets | CN¥9.69b |
Recent financial health updates
Is EGing Photovoltaic TechnologyLtd (SHSE:600537) A Risky Investment?
Jun 07
Is EGing Photovoltaic TechnologyLtd (SHSE:600537) Using Too Much Debt?
Feb 28Recent updates
Lacklustre Performance Is Driving EGing Photovoltaic Technology Co.,Ltd.'s (SHSE:600537) 31% Price Drop
Jun 22Is EGing Photovoltaic TechnologyLtd (SHSE:600537) A Risky Investment?
Jun 07A Piece Of The Puzzle Missing From EGing Photovoltaic Technology Co.,Ltd.'s (SHSE:600537) 28% Share Price Climb
Mar 06Is EGing Photovoltaic TechnologyLtd (SHSE:600537) Using Too Much Debt?
Feb 28Financial Position Analysis
Short Term Liabilities: 600537's short term assets (CN¥4.4B) do not cover its short term liabilities (CN¥4.7B).
Long Term Liabilities: 600537's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 600537 has more cash than its total debt.
Reducing Debt: 600537's debt to equity ratio has increased from 2.8% to 20.9% 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: Insufficient data to determine if 600537 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 600537 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.