Nanjing Huamai Technology Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing Huamai Technology has a total shareholder equity of CN¥944.1M and total debt of CN¥184.8M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are CN¥1.6B and CN¥638.4M respectively.
Key information
19.6%
Debt to equity ratio
CN¥184.83m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥407.98m |
| Equity | CN¥944.07m |
| Total liabilities | CN¥638.45m |
| Total assets | CN¥1.58b |
Financial Position Analysis
Short Term Liabilities: 603042's short term assets (CN¥984.3M) exceed its short term liabilities (CN¥524.2M).
Long Term Liabilities: 603042's short term assets (CN¥984.3M) exceed its long term liabilities (CN¥114.3M).
Debt to Equity History and Analysis
Debt Level: 603042 has more cash than its total debt.
Reducing Debt: 603042's debt to equity ratio has reduced from 69.3% to 19.6% 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: Whilst unprofitable 603042 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 603042 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 57.2% per year.