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¥292.1M and total debt of CN¥162.4M, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are CN¥644.9M and CN¥352.8M respectively.
Key information
55.6%
Debt to equity ratio
CN¥162.37m
Debt
Interest coverage ratio | n/a |
Cash | CN¥26.17m |
Equity | CN¥292.11m |
Total liabilities | CN¥352.83m |
Total assets | CN¥644.94m |
Recent financial health updates
No updates
Recent updates
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 04Financial Position Analysis
Short Term Liabilities: 3623's short term assets (CN¥377.8M) exceed its short term liabilities (CN¥253.6M).
Long Term Liabilities: 3623's short term assets (CN¥377.8M) exceed its long term liabilities (CN¥99.2M).
Debt to Equity History and Analysis
Debt Level: 3623's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: 3623's debt to equity ratio has increased from 11.3% to 55.6% 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 8.8% per year.