Shenzhen Success Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Success Electronics has a total shareholder equity of CN¥251.2M and total debt of CN¥14.7M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥323.0M and CN¥71.8M respectively.
Key information
5.9%
Debt to equity ratio
CN¥14.73m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥99.90m |
| Equity | CN¥251.19m |
| Total liabilities | CN¥71.82m |
| Total assets | CN¥323.01m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002289's short term assets (CN¥177.7M) exceed its short term liabilities (CN¥48.9M).
Long Term Liabilities: 002289's short term assets (CN¥177.7M) exceed its long term liabilities (CN¥22.9M).
Debt to Equity History and Analysis
Debt Level: 002289 has more cash than its total debt.
Reducing Debt: 002289's debt to equity ratio has reduced from 37.8% to 5.9% 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 002289 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002289 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 31.4% per year.