Nanjing Huamai Technology Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing Huamai Technology has a total shareholder equity of CN¥953.5M and total debt of CN¥171.2M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are CN¥1.7B and CN¥708.3M respectively.
Key information
18.0%
Debt to equity ratio
CN¥171.17m
Debt
Interest coverage ratio | n/a |
Cash | CN¥385.46m |
Equity | CN¥953.47m |
Total liabilities | CN¥708.34m |
Total assets | CN¥1.66b |
Financial Position Analysis
Short Term Liabilities: 603042's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥633.6M).
Long Term Liabilities: 603042's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥74.7M).
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 43.2% to 18% 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 54.6% per year.