Hanwang TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hanwang TechnologyLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥94.2M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are CN¥1.8B and CN¥448.8M respectively.
Key information
6.9%
Debt to equity ratio
CN¥94.15m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥595.87m |
| Equity | CN¥1.36b |
| Total liabilities | CN¥448.84m |
| Total assets | CN¥1.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002362's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥439.4M).
Long Term Liabilities: 002362's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥9.5M).
Debt to Equity History and Analysis
Debt Level: 002362 has more cash than its total debt.
Reducing Debt: 002362's debt to equity ratio has increased from 2.1% to 6.9% 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: 002362 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002362 has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 41.6% each year.