Shenzhen CDL Precision Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen CDL Precision Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥360.4M, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are CN¥2.4B and CN¥1.2B respectively.
Key information
31.0%
Debt to equity ratio
CN¥360.43m
Debt
Interest coverage ratio | n/a |
Cash | CN¥658.52m |
Equity | CN¥1.16b |
Total liabilities | CN¥1.20b |
Total assets | CN¥2.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300686's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300686's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥93.0M).
Debt to Equity History and Analysis
Debt Level: 300686 has more cash than its total debt.
Reducing Debt: 300686's debt to equity ratio has increased from 24.7% to 31% 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: 300686 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300686 has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 11.6% each year.