Suzhou Jinfu Technology Balance Sheet Health
Financial Health criteria checks 1/6
Suzhou Jinfu Technology has a total shareholder equity of CN¥1.0B and total debt of CN¥970.1M, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are CN¥3.0B and CN¥2.0B respectively.
Key information
96.8%
Debt to equity ratio
CN¥970.08m
Debt
Interest coverage ratio | n/a |
Cash | CN¥218.34m |
Equity | CN¥1.00b |
Total liabilities | CN¥1.99b |
Total assets | CN¥2.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300128's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300128's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥496.9M).
Debt to Equity History and Analysis
Debt Level: 300128's net debt to equity ratio (75%) is considered high.
Reducing Debt: 300128's debt to equity ratio has increased from 53.2% to 96.8% 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: Insufficient data to determine if 300128 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 300128 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.