Hangzhou Huaxing Chuangye Communication Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Huaxing Chuangye Communication Technology has a total shareholder equity of CN¥659.8M and total debt of CN¥159.9M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CN¥988.5M and CN¥328.7M respectively.
Key information
24.2%
Debt to equity ratio
CN¥159.92m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥119.48m |
| Equity | CN¥659.77m |
| Total liabilities | CN¥328.71m |
| Total assets | CN¥988.48m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300025's short term assets (CN¥645.6M) exceed its short term liabilities (CN¥322.2M).
Long Term Liabilities: 300025's short term assets (CN¥645.6M) exceed its long term liabilities (CN¥6.5M).
Debt to Equity History and Analysis
Debt Level: 300025's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 300025's debt to equity ratio has reduced from 78.7% to 24.2% 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: 300025 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300025 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36% each year