Shenzhen Deren Electronic Co., Ltd.

XSEC:002055 Stock Report

Market Cap: CN¥4.4b

Shenzhen Deren Electronic Balance Sheet Health

Financial Health criteria checks 4/6

Shenzhen Deren Electronic has a total shareholder equity of CN¥2.3B and total debt of CN¥566.7M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are CN¥7.6B and CN¥5.3B respectively.

Key information

25.0%

Debt to equity ratio

CN¥566.68m

Debt

Interest coverage ration/a
CashCN¥209.38m
EquityCN¥2.27b
Total liabilitiesCN¥5.29b
Total assetsCN¥7.56b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002055's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥3.3B).

Long Term Liabilities: 002055's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥2.0B).


Debt to Equity History and Analysis

Debt Level: 002055's net debt to equity ratio (15.7%) is considered satisfactory.

Reducing Debt: 002055's debt to equity ratio has reduced from 85.4% to 25% 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: 002055 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 002055 has less than a year of cash runway if free cash flow continues to grow at historical rates of 1% each year.


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