Beiqi Foton MotorLtd Balance Sheet Health
Financial Health criteria checks 4/6
Beiqi Foton MotorLtd has a total shareholder equity of CN¥14.8B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are CN¥53.7B and CN¥38.9B respectively. Beiqi Foton MotorLtd's EBIT is CN¥189.3M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥8.6B.
Key information
39.0%
Debt to equity ratio
CN¥5.77b
Debt
| Interest coverage ratio | -1.1x |
| Cash | CN¥8.60b |
| Equity | CN¥14.81b |
| Total liabilities | CN¥38.88b |
| Total assets | CN¥53.68b |
Recent financial health updates
Recent updates
We Think That There Are More Issues For Beiqi Foton MotorLtd (SHSE:600166) Than Just Sluggish Earnings
Nov 06
Investors Holding Back On Beiqi Foton Motor Co.,Ltd. (SHSE:600166)
Oct 30Is Beiqi Foton MotorLtd (SHSE:600166) A Risky Investment?
Sep 25Returns Are Gaining Momentum At Beiqi Foton MotorLtd (SHSE:600166)
Jul 30Many Still Looking Away From Beiqi Foton Motor Co.,Ltd. (SHSE:600166)
Jul 12Beiqi Foton MotorLtd's (SHSE:600166) Earnings Aren't As Good As They Appear
May 03Beiqi Foton Motor Co.,Ltd.'s (SHSE:600166) Prospects Need A Boost To Lift Shares
Apr 09Returns On Capital Are Showing Encouraging Signs At Beiqi Foton MotorLtd (SHSE:600166)
Feb 29Financial Position Analysis
Short Term Liabilities: 600166's short term assets (CN¥28.3B) do not cover its short term liabilities (CN¥33.1B).
Long Term Liabilities: 600166's short term assets (CN¥28.3B) exceed its long term liabilities (CN¥5.7B).
Debt to Equity History and Analysis
Debt Level: 600166 has more cash than its total debt.
Reducing Debt: 600166's debt to equity ratio has reduced from 98.4% to 39% over the past 5 years.
Debt Coverage: 600166's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600166 earns more interest than it pays, so coverage of interest payments is not a concern.