Shenzhen Fluence Technology Balance Sheet Health
Financial Health criteria checks 1/6
Shenzhen Fluence Technology has a total shareholder equity of CN¥910.1M and total debt of CN¥890.2M, which brings its debt-to-equity ratio to 97.8%. Its total assets and total liabilities are CN¥2.2B and CN¥1.3B respectively.
Key information
97.8%
Debt to equity ratio
CN¥890.24m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥78.10m |
| Equity | CN¥910.14m |
| Total liabilities | CN¥1.29b |
| Total assets | CN¥2.20b |
Recent financial health updates
Recent updates
Revenues Not Telling The Story For Shenzhen Fluence Technology PLC. (SZSE:300647) After Shares Rise 34%
Nov 06
We Think Shenzhen Fluence Technology (SZSE:300647) Has A Fair Chunk Of Debt
Oct 08Shenzhen Fluence Technology PLC.'s (SZSE:300647) Shares Climb 27% But Its Business Is Yet to Catch Up
Aug 14Shenzhen Fluence Technology PLC. (SZSE:300647) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Jun 12Why Investors Shouldn't Be Surprised By Shenzhen Fluence Technology PLC.'s (SZSE:300647) 27% Share Price Plunge
Apr 21Shenzhen Fluence Technology PLC. (SZSE:300647) Held Back By Insufficient Growth Even After Shares Climb 30%
Mar 05Financial Position Analysis
Short Term Liabilities: 300647's short term assets (CN¥900.8M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300647's short term assets (CN¥900.8M) exceed its long term liabilities (CN¥218.9M).
Debt to Equity History and Analysis
Debt Level: 300647's net debt to equity ratio (89.2%) is considered high.
Reducing Debt: 300647's debt to equity ratio has increased from 73.4% to 97.8% 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: 300647 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300647 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.2% each year