Shenzhen Baoming TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Baoming TechnologyLtd has a total shareholder equity of CN¥856.8M and total debt of CN¥654.9M, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are CN¥2.6B and CN¥1.7B respectively.
Key information
76.4%
Debt to equity ratio
CN¥654.85m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥336.87m |
| Equity | CN¥856.80m |
| Total liabilities | CN¥1.73b |
| Total assets | CN¥2.59b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002992's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002992's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥269.5M).
Debt to Equity History and Analysis
Debt Level: 002992's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: 002992's debt to equity ratio has increased from 29.3% to 76.4% 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 36.3% each year.