Shenyang Jinbei Automotive Balance Sheet Health
Financial Health criteria checks 6/6
Shenyang Jinbei Automotive has a total shareholder equity of CN¥1.6B and total debt of CN¥421.3M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are CN¥4.3B and CN¥2.6B respectively. Shenyang Jinbei Automotive's EBIT is CN¥320.0M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥2.2B.
Key information
25.6%
Debt to equity ratio
CN¥421.30m
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥2.23b |
| Equity | CN¥1.65b |
| Total liabilities | CN¥2.63b |
| Total assets | CN¥4.28b |
Recent financial health updates
Does Shenyang Jinbei Automotive (SHSE:600609) Have A Healthy Balance Sheet?
Nov 18
Shenyang Jinbei Automotive (SHSE:600609) Has A Pretty Healthy Balance Sheet
Aug 03Recent updates
A Look At The Fair Value Of Shenyang Jinbei Automotive Company Limited (SHSE:600609)
Dec 19Does Shenyang Jinbei Automotive (SHSE:600609) Have A Healthy Balance Sheet?
Nov 18Shenyang Jinbei Automotive Company Limited's (SHSE:600609) Share Price Could Signal Some Risk
Oct 28Shenyang Jinbei Automotive (SHSE:600609) Has A Pretty Healthy Balance Sheet
Aug 03Shenyang Jinbei Automotive (SHSE:600609) Will Be Hoping To Turn Its Returns On Capital Around
Jun 07We Think You Can Look Beyond Shenyang Jinbei Automotive's (SHSE:600609) Lackluster Earnings
May 06Here's Why Shenyang Jinbei Automotive (SHSE:600609) Has Caught The Eye Of Investors
Apr 29Shenyang Jinbei Automotive Company Limited's (SHSE:600609) Shares Leap 27% Yet They're Still Not Telling The Full Story
Mar 08Financial Position Analysis
Short Term Liabilities: 600609's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 600609's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥154.3M).
Debt to Equity History and Analysis
Debt Level: 600609 has more cash than its total debt.
Reducing Debt: 600609's debt to equity ratio has reduced from 273% to 25.6% over the past 5 years.
Debt Coverage: 600609's debt is well covered by operating cash flow (240.8%).
Interest Coverage: 600609 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:38 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Shenyang Jinbei Automotive Company Limited is covered by 2 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 |
|---|---|
| He Cao | China Minzu Securities |
| Xiaohui Zhang | Guoyuan Securities Co., Ltd. |