Hanwang TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hanwang TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥113.8M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are CN¥1.8B and CN¥499.7M respectively.
Key information
8.8%
Debt to equity ratio
CN¥113.78m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥549.82m |
| Equity | CN¥1.30b |
| Total liabilities | CN¥499.69m |
| Total assets | CN¥1.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002362's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥494.7M).
Long Term Liabilities: 002362's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥5.0M).
Debt to Equity History and Analysis
Debt Level: 002362 has more cash than its total debt.
Reducing Debt: 002362's debt to equity ratio has increased from 1.1% to 8.8% 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: 002362 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002362 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 35.5% each year