China Ruifeng Renewable Energy Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Ruifeng Renewable Energy Holdings has a total shareholder equity of CN¥168.3M and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 874%. Its total assets and total liabilities are CN¥1.8B and CN¥1.6B respectively. China Ruifeng Renewable Energy Holdings's EBIT is CN¥49.6M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥249.9M.
Key information
874.0%
Debt to equity ratio
CN¥1.47b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥249.90m |
| Equity | CN¥168.29m |
| Total liabilities | CN¥1.59b |
| Total assets | CN¥1.76b |
Recent financial health updates
Here's Why China Ruifeng Renewable Energy Holdings (HKG:527) Is Weighed Down By Its Debt Load
Apr 28
Is China Ruifeng Renewable Energy Holdings (HKG:527) Using Too Much Debt?
Oct 14China Ruifeng Renewable Energy Holdings (HKG:527) Takes On Some Risk With Its Use Of Debt
Nov 22
Recent updates
Here's Why China Ruifeng Renewable Energy Holdings (HKG:527) Is Weighed Down By Its Debt Load
Apr 28Is China Ruifeng Renewable Energy Holdings (HKG:527) Using Too Much Debt?
Oct 14How Much Did China Ruifeng Renewable Energy Holdings'(HKG:527) Shareholders Earn From Share Price Movements Over The Last Five Years?
Mar 10China Ruifeng Renewable Energy Holdings (HKG:527) Takes On Some Risk With Its Use Of Debt
Nov 22Financial Position Analysis
Short Term Liabilities: 527's short term assets (CN¥832.0M) exceed its short term liabilities (CN¥774.5M).
Long Term Liabilities: 527's short term assets (CN¥832.0M) exceed its long term liabilities (CN¥813.1M).
Debt to Equity History and Analysis
Debt Level: 527's net debt to equity ratio (725.5%) is considered high.
Reducing Debt: 527's debt to equity ratio has increased from 165% to 874% 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 527 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 527 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 13:57 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China Ruifeng Renewable Energy Holdings Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Gregozeski | Greenridge Global LLC |
| Suryanarayana Pentakota | Virtua Research Inc. |
| Gajanan Polawar | Virtua Research Inc. |