Shanghai Welltech AutomationLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Welltech AutomationLtd has a total shareholder equity of CN¥176.7M and total debt of CN¥32.0M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are CN¥299.5M and CN¥122.9M respectively.
Key information
18.1%
Debt to equity ratio
CN¥32.03m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥61.12m |
| Equity | CN¥176.68m |
| Total liabilities | CN¥122.85m |
| Total assets | CN¥299.54m |
Recent financial health updates
No updates
Recent updates
Shanghai Welltech Automation Co.,Ltd.'s (SZSE:002058) 26% Share Price Surge Not Quite Adding Up
Sep 27
More Unpleasant Surprises Could Be In Store For Shanghai Welltech Automation Co.,Ltd.'s (SZSE:002058) Shares After Tumbling 32%
Jun 06Risks Still Elevated At These Prices As Shanghai Welltech Automation Co.,Ltd. (SZSE:002058) Shares Dive 29%
Apr 21Shanghai Welltech Automation Co.,Ltd.'s (SZSE:002058) Price Is Out Of Tune With Revenues
Mar 01Financial Position Analysis
Short Term Liabilities: 002058's short term assets (CN¥232.7M) exceed its short term liabilities (CN¥117.0M).
Long Term Liabilities: 002058's short term assets (CN¥232.7M) exceed its long term liabilities (CN¥5.9M).
Debt to Equity History and Analysis
Debt Level: 002058 has more cash than its total debt.
Reducing Debt: 002058's debt to equity ratio has increased from 0% to 18.1% 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: Whilst unprofitable 002058 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002058 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.2% per year.