China Success Finance Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Success Finance Group Holdings has a total shareholder equity of CN¥272.3M and total debt of CN¥145.1M, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are CN¥608.5M and CN¥336.2M respectively.
Key information
53.3%
Debt to equity ratio
CN¥145.13m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥20.09m |
| Equity | CN¥272.29m |
| Total liabilities | CN¥336.21m |
| Total assets | CN¥608.50m |
Recent financial health updates
No updates
Recent updates
China Success Finance Group Holdings Limited's (HKG:3623) 38% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Nov 03
Reflecting on China Success Finance Group Holdings' (HKG:3623) Share Price Returns Over The Last Five Years
Feb 14The Executive Chairman of China Success Finance Group Holdings Limited (HKG:3623), Tiewei Zhang, Just Bought A Few More Shares
Dec 18The Executive Chairman of China Success Finance Group Holdings Limited (HKG:3623), Tiewei Zhang, Just Bought A Few More Shares
Dec 04
Financial Position Analysis
Short Term Liabilities: 3623's short term assets (CN¥365.2M) exceed its short term liabilities (CN¥242.6M).
Long Term Liabilities: 3623's short term assets (CN¥365.2M) exceed its long term liabilities (CN¥93.6M).
Debt to Equity History and Analysis
Debt Level: 3623's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: 3623's debt to equity ratio has increased from 11.1% to 53.3% 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: Whilst unprofitable 3623 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3623 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6.7% per year.