Beijing SinoHytec Balance Sheet Health
Financial Health criteria checks 5/6
Beijing SinoHytec has a total shareholder equity of CN¥3.1B and total debt of CN¥849.5M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are CN¥5.0B and CN¥1.9B respectively.
Key information
27.4%
Debt to equity ratio
CN¥849.49m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.29b |
| Equity | CN¥3.10b |
| Total liabilities | CN¥1.88b |
| Total assets | CN¥4.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2402's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 2402's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥242.1M).
Debt to Equity History and Analysis
Debt Level: 2402 has more cash than its total debt.
Reducing Debt: 2402's debt to equity ratio has increased from 7.6% to 27.4% 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: 2402 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2402 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17% each year