Shenzhen Changfang Group Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Changfang Group has a total shareholder equity of CN¥49.1M and total debt of CN¥148.2M, which brings its debt-to-equity ratio to 301.6%. Its total assets and total liabilities are CN¥802.9M and CN¥753.7M respectively.
Key information
301.6%
Debt to equity ratio
CN¥148.18m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥36.34m |
| Equity | CN¥49.13m |
| Total liabilities | CN¥753.75m |
| Total assets | CN¥802.88m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300301's short term assets (CN¥292.1M) do not cover its short term liabilities (CN¥718.5M).
Long Term Liabilities: 300301's short term assets (CN¥292.1M) exceed its long term liabilities (CN¥35.2M).
Debt to Equity History and Analysis
Debt Level: 300301's net debt to equity ratio (227.6%) is considered high.
Reducing Debt: 300301's debt to equity ratio has increased from 49% to 301.6% 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: 300301 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300301 has less than a year of cash runway if free cash flow continues to grow at historical rates of 5% each year.