Joyware ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Joyware ElectronicsLtd has a total shareholder equity of CN¥617.4M and total debt of CN¥22.4M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥873.9M and CN¥256.5M respectively.
Key information
3.6%
Debt to equity ratio
CN¥22.40m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥113.08m |
| Equity | CN¥617.39m |
| Total liabilities | CN¥256.50m |
| Total assets | CN¥873.90m |
Recent financial health updates
Recent updates
Joyware Electronics Co.,Ltd (SZSE:300270) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Sep 30
Joyware Electronics Co.,Ltd's (SZSE:300270) Popularity With Investors Under Threat As Stock Sinks 29%
Apr 22Joyware Electronics Co.,Ltd's (SZSE:300270) 31% Price Boost Is Out Of Tune With Revenues
Mar 04We're Interested To See How Joyware ElectronicsLtd (SZSE:300270) Uses Its Cash Hoard To Grow
Feb 29Financial Position Analysis
Short Term Liabilities: 300270's short term assets (CN¥548.9M) exceed its short term liabilities (CN¥255.0M).
Long Term Liabilities: 300270's short term assets (CN¥548.9M) exceed its long term liabilities (CN¥1.5M).
Debt to Equity History and Analysis
Debt Level: 300270 has more cash than its total debt.
Reducing Debt: 300270's debt to equity ratio has reduced from 14.1% to 3.6% 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 300270 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300270 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.7% per year.