Sino-Synergy Hydrogen Energy Technology (Jiaxing) Balance Sheet Health
Financial Health criteria checks 5/6
Sino-Synergy Hydrogen Energy Technology (Jiaxing) has a total shareholder equity of CN¥3.2B and total debt of CN¥662.7M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are CN¥4.9B and CN¥1.7B respectively.
Key information
20.6%
Debt to equity ratio
CN¥662.75m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.26b |
| Equity | CN¥3.21b |
| Total liabilities | CN¥1.71b |
| Total assets | CN¥4.92b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9663's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 9663's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥296.5M).
Debt to Equity History and Analysis
Debt Level: 9663 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9663's debt to equity ratio has reduced 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: 9663 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 9663 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 12.4% each year.