Guangdong Zhengye TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Zhengye TechnologyLtd has a total shareholder equity of CN¥428.6M and total debt of CN¥572.2M, which brings its debt-to-equity ratio to 133.5%. Its total assets and total liabilities are CN¥2.0B and CN¥1.5B respectively.
Key information
133.5%
Debt to equity ratio
CN¥572.18m
Debt
Interest coverage ratio | n/a |
Cash | CN¥134.83m |
Equity | CN¥428.61m |
Total liabilities | CN¥1.53b |
Total assets | CN¥1.96b |
Financial Position Analysis
Short Term Liabilities: 300410's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 300410's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥251.8M).
Debt to Equity History and Analysis
Debt Level: 300410's net debt to equity ratio (102%) is considered high.
Reducing Debt: 300410's debt to equity ratio has increased from 20% to 133.5% 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: 300410 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300410 has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.5% each year.