EGing Photovoltaic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
EGing Photovoltaic TechnologyLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥383.6M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥8.5B and CN¥6.1B respectively.
Key information
16.1%
Debt to equity ratio
CN¥383.61m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.14b |
| Equity | CN¥2.39b |
| Total liabilities | CN¥6.12b |
| Total assets | CN¥8.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600537's short term assets (CN¥3.3B) do not cover its short term liabilities (CN¥3.8B).
Long Term Liabilities: 600537's short term assets (CN¥3.3B) 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 16.1% 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.