Shenghua Lande Scitech Balance Sheet Health
Financial Health criteria checks 3/6
Shenghua Lande Scitech has a total shareholder equity of CN¥54.2M and total debt of CN¥12.0M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are CN¥87.1M and CN¥32.9M respectively.
Key information
22.0%
Debt to equity ratio
CN¥11.96m
Debt
Interest coverage ratio | n/a |
Cash | CN¥17.95m |
Equity | CN¥54.24m |
Total liabilities | CN¥32.90m |
Total assets | CN¥87.15m |
Financial Position Analysis
Short Term Liabilities: 8106's short term assets (CN¥82.6M) exceed its short term liabilities (CN¥32.9M).
Long Term Liabilities: 8106 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8106 has more cash than its total debt.
Reducing Debt: 8106's debt to equity ratio has increased from 9.5% to 22% 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: 8106 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8106 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.6% each year