Jiangxi Changyun Balance Sheet Health
Financial Health criteria checks 3/6
Jiangxi Changyun has a total shareholder equity of CN¥1.1B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 154.2%. Its total assets and total liabilities are CN¥4.7B and CN¥3.5B respectively. Jiangxi Changyun's EBIT is CN¥26.6M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥469.6M.
Key information
154.2%
Debt to equity ratio
CN¥1.74b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥469.58m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥3.53b |
| Total assets | CN¥4.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600561's short term assets (CN¥975.5M) do not cover its short term liabilities (CN¥3.2B).
Long Term Liabilities: 600561's short term assets (CN¥975.5M) exceed its long term liabilities (CN¥367.3M).
Debt to Equity History and Analysis
Debt Level: 600561's net debt to equity ratio (112.6%) is considered high.
Reducing Debt: 600561's debt to equity ratio has increased from 139.7% to 154.2% 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: Whilst unprofitable 600561 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600561 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 35.3% per year.