DaTang HuaYin Electric Power CO.,LTD

XSSC:600744 Stock Report

Market Cap: CN¥7.0b

DaTang HuaYin Electric PowerLTD Balance Sheet Health

Financial Health criteria checks 1/6

DaTang HuaYin Electric PowerLTD has a total shareholder equity of CN¥1.9B and total debt of CN¥20.1B, which brings its debt-to-equity ratio to 1048.7%. Its total assets and total liabilities are CN¥24.5B and CN¥22.6B respectively. DaTang HuaYin Electric PowerLTD's EBIT is CN¥276.7M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥1.3B.

Key information

1,048.7%

Debt to equity ratio

CN¥20.14b

Debt

Interest coverage ratio0.8x
CashCN¥1.30b
EquityCN¥1.92b
Total liabilitiesCN¥22.62b
Total assetsCN¥24.54b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 600744's short term assets (CN¥4.4B) do not cover its short term liabilities (CN¥8.3B).

Long Term Liabilities: 600744's short term assets (CN¥4.4B) do not cover its long term liabilities (CN¥14.3B).


Debt to Equity History and Analysis

Debt Level: 600744's net debt to equity ratio (980.8%) is considered high.

Reducing Debt: 600744's debt to equity ratio has increased from 387.1% to 1048.7% 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: 600744 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 600744 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 52% each year.


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