Guangdong Chaohua Technology Co., Ltd

XSEC:002288 Stock Report

Market Cap: CN¥344.7m

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Guangdong Chaohua Technology Balance Sheet Health

Financial Health criteria checks 3/6

Guangdong Chaohua Technology has a total shareholder equity of CN¥755.3M and total debt of CN¥988.2M, which brings its debt-to-equity ratio to 130.8%. Its total assets and total liabilities are CN¥2.5B and CN¥1.8B respectively.

Key information

130.8%

Debt to equity ratio

CN¥988.23m

Debt

Interest coverage ration/a
CashCN¥22.33m
EquityCN¥755.33m
Total liabilitiesCN¥1.78b
Total assetsCN¥2.54b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002288's short term assets (CN¥962.1M) do not cover its short term liabilities (CN¥1.5B).

Long Term Liabilities: 002288's short term assets (CN¥962.1M) exceed its long term liabilities (CN¥295.9M).


Debt to Equity History and Analysis

Debt Level: 002288's net debt to equity ratio (127.9%) is considered high.

Reducing Debt: 002288's debt to equity ratio has increased from 41.2% to 130.8% 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: Whilst unprofitable 002288 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 002288 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.1% per year.


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