Fuxing China Group Balance Sheet Health
Financial Health criteria checks 6/6
Fuxing China Group has a total shareholder equity of CN¥573.7M and total debt of CN¥212.0M, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are CN¥891.8M and CN¥318.1M respectively.
Key information
37.0%
Debt to equity ratio
CN¥212.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥80.28m |
| Equity | CN¥573.72m |
| Total liabilities | CN¥318.08m |
| Total assets | CN¥891.81m |
Recent financial health updates
Recent updates
Is Fuxing China Group (SGX:AWK) Using Too Much Debt?
Jun 27
Fuxing China Group's (SGX:AWK) Solid Profits Have Weak Fundamentals
Aug 25Fuxing China Group (SGX:AWK) Shareholders Will Want The ROCE Trajectory To Continue
Jul 14Returns On Capital Are Showing Encouraging Signs At Fuxing China Group (SGX:AWK)
Mar 17Why Fuxing China Group's (SGX:AWK) CEO Pay Matters
Dec 21Financial Position Analysis
Short Term Liabilities: AWK's short term assets (CN¥525.5M) exceed its short term liabilities (CN¥298.2M).
Long Term Liabilities: AWK's short term assets (CN¥525.5M) exceed its long term liabilities (CN¥19.9M).
Debt to Equity History and Analysis
Debt Level: AWK's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: AWK's debt to equity ratio has reduced from 46% to 37% 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 AWK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AWK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.4% per year.