Suzhou QingYue Optoelectronics Technology Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou QingYue Optoelectronics Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥398.0M, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are CN¥1.8B and CN¥649.0M respectively.
Key information
33.3%
Debt to equity ratio
CN¥397.99m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥332.24m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥649.01m |
| Total assets | CN¥1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688496's short term assets (CN¥958.0M) exceed its short term liabilities (CN¥458.3M).
Long Term Liabilities: 688496's short term assets (CN¥958.0M) exceed its long term liabilities (CN¥190.7M).
Debt to Equity History and Analysis
Debt Level: 688496's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 688496's debt to equity ratio has increased from 18.9% to 33.3% 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: Whilst unprofitable 688496 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 688496 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.5% per year.