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New Sea Union Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
New Sea Union Technology GroupLtd has a total shareholder equity of CN¥978.0M and total debt of CN¥434.5M, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are CN¥1.8B and CN¥784.1M respectively.
Key information
44.4%
Debt to equity ratio
CN¥434.55m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥27.39m |
| Equity | CN¥977.99m |
| Total liabilities | CN¥784.09m |
| Total assets | CN¥1.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002089's short term assets (CN¥498.1M) exceed its short term liabilities (CN¥424.8M).
Long Term Liabilities: 002089's short term assets (CN¥498.1M) exceed its long term liabilities (CN¥359.3M).
Debt to Equity History and Analysis
Debt Level: 002089's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: 002089's debt to equity ratio has reduced from 86.3% to 44.4% 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: Whilst unprofitable 002089 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002089 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.2% per year.