Shenzhen Baoming TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Baoming TechnologyLtd has a total shareholder equity of CN¥755.0M and total debt of CN¥676.1M, which brings its debt-to-equity ratio to 89.5%. Its total assets and total liabilities are CN¥2.3B and CN¥1.6B respectively.
Key information
89.5%
Debt to equity ratio
CN¥676.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥240.39m |
| Equity | CN¥755.03m |
| Total liabilities | CN¥1.56b |
| Total assets | CN¥2.31b |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To Shenzhen Baoming Technology Co.,Ltd. (SZSE:002992) With Shares Advancing 35%
Oct 25
Shenzhen Baoming Technology Co.,Ltd.'s (SZSE:002992) Shares May Have Run Too Fast Too Soon
Sep 04Shenzhen Baoming Technology Co.,Ltd.'s (SZSE:002992) 30% Price Boost Is Out Of Tune With Revenues
Mar 06Shenzhen Baoming TechnologyLtd (SZSE:002992) Is Carrying A Fair Bit Of Debt
Mar 01Financial Position Analysis
Short Term Liabilities: 002992's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002992's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥215.0M).
Debt to Equity History and Analysis
Debt Level: 002992's net debt to equity ratio (57.7%) is considered high.
Reducing Debt: 002992's debt to equity ratio has increased from 33.1% to 89.5% 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: 002992 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002992 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 22.8% each year.