China Titans Energy Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
China Titans Energy Technology Group has a total shareholder equity of CN¥618.6M and total debt of CN¥156.5M, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are CN¥1.1B and CN¥460.2M respectively.
Key information
25.3%
Debt to equity ratio
CN¥156.55m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥235.99m |
| Equity | CN¥618.64m |
| Total liabilities | CN¥460.21m |
| Total assets | CN¥1.08b |
Recent financial health updates
Here's Why China Titans Energy Technology Group (HKG:2188) Can Manage Its Debt Responsibly
Sep 22
Is China Titans Energy Technology Group (HKG:2188) A Risky Investment?
Apr 07We Think China Titans Energy Technology Group (HKG:2188) Has A Fair Chunk Of Debt
Mar 29China Titans Energy Technology Group (HKG:2188) Is Making Moderate Use Of Debt
Dec 13
Recent updates
Robust Earnings May Not Tell The Whole Story For China Titans Energy Technology Group (HKG:2188)
Sep 28Here's Why China Titans Energy Technology Group (HKG:2188) Can Manage Its Debt Responsibly
Sep 22Is China Titans Energy Technology Group (HKG:2188) A Risky Investment?
Apr 07We Think China Titans Energy Technology Group (HKG:2188) Has A Fair Chunk Of Debt
Mar 29China Titans Energy Technology Group (HKG:2188) Is Making Moderate Use Of Debt
Dec 13Financial Position Analysis
Short Term Liabilities: 2188's short term assets (CN¥853.7M) exceed its short term liabilities (CN¥394.9M).
Long Term Liabilities: 2188's short term assets (CN¥853.7M) exceed its long term liabilities (CN¥65.4M).
Debt to Equity History and Analysis
Debt Level: 2188 has more cash than its total debt.
Reducing Debt: 2188's debt to equity ratio has reduced from 46.5% to 25.3% 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 2188 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2188 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 69.4% per year.