Zhejiang Taimei Medical Technology Co., Ltd.

SEHK:2576 Stock Report

Market Cap: HK$3.4b

Zhejiang Taimei Medical Technology Balance Sheet Health

Financial Health criteria checks 6/6

Zhejiang Taimei Medical Technology has a total shareholder equity of CN¥1.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥322.1M respectively.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ration/a
CashCN¥978.70m
EquityCN¥1.02b
Total liabilitiesCN¥322.13m
Total assetsCN¥1.34b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 2576's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥278.4M).

Long Term Liabilities: 2576's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥43.7M).


Debt to Equity History and Analysis

Debt Level: 2576 is debt free.

Reducing Debt: 2576 has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.


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: 2576 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 2576 has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 25.5% each year.


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