China Anchu Energy Storage Group Balance Sheet Health
Financial Health criteria checks 1/6
China Anchu Energy Storage Group has a total shareholder equity of CN¥686.4M and total debt of CN¥456.5M, which brings its debt-to-equity ratio to 66.5%. Its total assets and total liabilities are CN¥1.7B and CN¥1.0B respectively. China Anchu Energy Storage Group's EBIT is CN¥50.9M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥70.3M.
Key information
66.5%
Debt to equity ratio
CN¥456.52m
Debt
Interest coverage ratio | 1.5x |
Cash | CN¥70.32m |
Equity | CN¥686.42m |
Total liabilities | CN¥1.04b |
Total assets | CN¥1.73b |
Recent financial health updates
Is China Fordoo Holdings (HKG:2399) A Risky Investment?
Sep 02Is China Fordoo Holdings (HKG:2399) A Risky Investment?
May 09Recent updates
China Anchu Energy Storage Group Limited (HKG:2399) Looks Just Right With A 25% Price Jump
Apr 16What You Can Learn From China Anchu Energy Storage Group Limited's (HKG:2399) P/SAfter Its 36% Share Price Crash
Feb 29Revenues Tell The Story For China Anchu Energy Storage Group Limited (HKG:2399) As Its Stock Soars 34%
Dec 05Is China Fordoo Holdings (HKG:2399) A Risky Investment?
Sep 02Is China Fordoo Holdings (HKG:2399) A Risky Investment?
May 09China Fordoo Holdings (HKG:2399) Has Rewarded Shareholders With An Exceptional 558% Total Return On Their Investment
Feb 18Have China Fordoo Holdings Limited (HKG:2399) Insiders Been Selling Their Stock?
Dec 29Is China Fordoo Holdings Limited (HKG:2399) Popular Amongst Insiders?
Dec 16China Fordoo Holdings (HKG:2399) Has Gifted Shareholders With A Fantastic 197% Total Return On Their Investment
Nov 20Financial Position Analysis
Short Term Liabilities: 2399's short term assets (CN¥937.2M) do not cover its short term liabilities (CN¥974.1M).
Long Term Liabilities: 2399's short term assets (CN¥937.2M) exceed its long term liabilities (CN¥64.9M).
Debt to Equity History and Analysis
Debt Level: 2399's net debt to equity ratio (56.3%) is considered high.
Reducing Debt: 2399's debt to equity ratio has increased from 37.5% to 66.5% 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 2399 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2399 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.