Shenzhen Zowee Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Zowee Technology has a total shareholder equity of CN¥637.5M and total debt of CN¥50.1M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥2.4B and CN¥1.8B respectively.
Key information
7.9%
Debt to equity ratio
CN¥50.08m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥273.46m |
| Equity | CN¥637.50m |
| Total liabilities | CN¥1.79b |
| Total assets | CN¥2.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002369's short term assets (CN¥774.7M) do not cover its short term liabilities (CN¥911.8M).
Long Term Liabilities: 002369's short term assets (CN¥774.7M) do not cover its long term liabilities (CN¥876.1M).
Debt to Equity History and Analysis
Debt Level: 002369 has more cash than its total debt.
Reducing Debt: 002369's debt to equity ratio has reduced from 17.5% to 7.9% 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: 002369 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002369 has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 33.4% each year.