China Anchu Energy Storage Group Limited

SEHK:2399 Stock Report

Mkt Cap: HK$1.2b

China Anchu Energy Storage Group Financial Health

How is China Anchu Energy Storage Group's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

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 to Equity History and Analysis

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.


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: 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.


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