China Anchu Energy Storage Group Financial Health

Short Term Liabilities: 2399's short term assets (CN¥505.8M) do not cover its short term liabilities (CN¥688.9M).

Long Term Liabilities: 2399's short term assets (CN¥505.8M) exceed its long term liabilities (CN¥110.4M).

Debt Level: 2399's net debt to equity ratio (81.1%) is considered high.

Reducing Debt: 2399's debt to equity ratio has increased from 32.2% to 103.7% over the past 5 years.

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: 2399 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 2399 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 56.4% each year.

• Healthy companies in the Consumer Durables industry.