China Saftower International Holding Group Balance Sheet Health
Financial Health criteria checks 1/6
China Saftower International Holding Group has a total shareholder equity of CN¥70.5M and total debt of CN¥106.7M, which brings its debt-to-equity ratio to 151.3%. Its total assets and total liabilities are CN¥358.8M and CN¥288.3M respectively.
Key information
151.3%
Debt to equity ratio
CN¥106.72m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.47m |
| Equity | CN¥70.54m |
| Total liabilities | CN¥288.31m |
| Total assets | CN¥358.85m |
Recent financial health updates
Recent updates
Is China Saftower International Holding Group (HKG:8623) Using Debt In A Risky Way?
Apr 12
Subdued Growth No Barrier To China Saftower International Holding Group Limited (HKG:8623) With Shares Advancing 60%
Aug 30Some Investors May Be Worried About China Saftower International Holding Group's (HKG:8623) Returns On Capital
Sep 07Financial Position Analysis
Short Term Liabilities: 8623's short term assets (CN¥219.5M) do not cover its short term liabilities (CN¥263.7M).
Long Term Liabilities: 8623's short term assets (CN¥219.5M) exceed its long term liabilities (CN¥24.6M).
Debt to Equity History and Analysis
Debt Level: 8623's net debt to equity ratio (149.2%) is considered high.
Reducing Debt: 8623's debt to equity ratio has increased from 105.9% to 151.3% 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: Insufficient data to determine if 8623 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8623 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.