China High Precision Automation Group Balance Sheet Health
Financial Health criteria checks 6/6
China High Precision Automation Group has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥86.6M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.41b |
| Equity | CN¥1.71b |
| Total liabilities | CN¥86.57m |
| Total assets | CN¥1.80b |
Recent financial health updates
No updates
Recent updates
China High Precision Automation Group Limited's (HKG:591) Shares Climb 35% But Its Business Is Yet to Catch Up
May 03
Optimistic Investors Push China High Precision Automation Group Limited (HKG:591) Shares Up 35% But Growth Is Lacking
May 03Why Investors Shouldn't Be Surprised By China High Precision Automation Group Limited's (HKG:591) P/S
Jan 17China High Precision Automation Group Limited's (HKG:591) Shareholders Might Be Looking For Exit
Jul 25Financial Position Analysis
Short Term Liabilities: 591's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥67.3M).
Long Term Liabilities: 591's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥19.2M).
Debt to Equity History and Analysis
Debt Level: 591 is debt free.
Reducing Debt: 591 has not had any debt for 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: 591 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 591 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 17.8% each year