China Anchu Energy Storage Group Balance Sheet Health
Financial Health criteria checks 3/6
China Anchu Energy Storage Group has a total shareholder equity of CN¥654.5M and total debt of CN¥487.6M, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are CN¥1.6B and CN¥976.8M respectively. China Anchu Energy Storage Group's EBIT is CN¥34.0M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥41.0M.
Key information
74.5%
Debt to equity ratio
CN¥487.57m
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥40.98m |
| Equity | CN¥654.46m |
| Total liabilities | CN¥976.84m |
| Total assets | CN¥1.63b |
Recent financial health updates
Recent updates
Returns At China Anchu Energy Storage Group (HKG:2399) Are On The Way Up
Dec 17
The Price Is Right For China Anchu Energy Storage Group Limited (HKG:2399)
Oct 29China Anchu Energy Storage Group (HKG:2399) Use Of Debt Could Be Considered Risky
Sep 23China Anchu Energy Storage Group Limited's (HKG:2399) CEO Compensation Looks Acceptable To Us And Here's Why
May 23China 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 05Financial Position Analysis
Short Term Liabilities: 2399's short term assets (CN¥859.2M) do not cover its short term liabilities (CN¥906.7M).
Long Term Liabilities: 2399's short term assets (CN¥859.2M) exceed its long term liabilities (CN¥70.2M).
Debt to Equity History and Analysis
Debt Level: 2399's net debt to equity ratio (68.2%) is considered high.
Reducing Debt: 2399's debt to equity ratio has increased from 37.9% to 74.5% 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: 2399 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 2399 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 23:13 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China Anchu Energy Storage Group Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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