China Ruifeng Renewable Energy Holdings Balance Sheet Health
Financial Health criteria checks 1/6
China Ruifeng Renewable Energy Holdings has a total shareholder equity of CN¥212.0M and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 716.8%. Its total assets and total liabilities are CN¥1.9B and CN¥1.7B respectively. China Ruifeng Renewable Energy Holdings's EBIT is CN¥82.9M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥387.5M.
Key information
716.8%
Debt to equity ratio
CN¥1.52b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥387.53m |
| Equity | CN¥211.99m |
| Total liabilities | CN¥1.65b |
| Total assets | CN¥1.87b |
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¥907.7M) exceed its short term liabilities (CN¥408.3M).
Long Term Liabilities: 527's short term assets (CN¥907.7M) do not cover its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 527's net debt to equity ratio (534%) is considered high.
Reducing Debt: 527's debt to equity ratio has increased from 167.7% to 716.8% 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: Insufficient data to determine if 527 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 527 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.