Guangdong Zhengye TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Zhengye TechnologyLtd has a total shareholder equity of CN¥314.4M and total debt of CN¥456.5M, which brings its debt-to-equity ratio to 145.2%. Its total assets and total liabilities are CN¥2.1B and CN¥1.7B respectively.
Key information
145.2%
Debt to equity ratio
CN¥456.54m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥121.30m |
| Equity | CN¥314.45m |
| Total liabilities | CN¥1.75b |
| Total assets | CN¥2.06b |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Guangdong Zhengye Technology Co.,Ltd. (SZSE:300410) Shares Up 49% But Growth Is Lacking
Oct 08
Guangdong Zhengye Technology Co.,Ltd.'s (SZSE:300410) 27% Share Price Surge Not Quite Adding Up
Aug 18There's Reason For Concern Over Guangdong Zhengye Technology Co., Ltd.'s (SZSE:300410) Massive 41% Price Jump
May 23There's Reason For Concern Over Guangdong Zhengye Technology Co., Ltd.'s (SZSE:300410) Massive 33% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 300410's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300410's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥259.6M).
Debt to Equity History and Analysis
Debt Level: 300410's net debt to equity ratio (106.6%) is considered high.
Reducing Debt: 300410's debt to equity ratio has increased from 19.8% to 145.2% 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 reduce at historical rates of 14.2% each year