HUAYU Automotive Systems Balance Sheet Health
Financial Health criteria checks 5/6
HUAYU Automotive Systems has a total shareholder equity of CN¥64.3B and total debt of CN¥16.4B, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are CN¥181.0B and CN¥116.7B respectively. HUAYU Automotive Systems's EBIT is CN¥5.8B making its interest coverage ratio -2.2. It has cash and short-term investments of CN¥33.9B.
Key information
25.4%
Debt to equity ratio
CN¥16.36b
Debt
| Interest coverage ratio | -2.2x |
| Cash | CN¥33.94b |
| Equity | CN¥64.28b |
| Total liabilities | CN¥116.67b |
| Total assets | CN¥180.95b |
Recent financial health updates
These 4 Measures Indicate That HUAYU Automotive Systems (SHSE:600741) Is Using Debt Reasonably Well
Nov 25
Is HUAYU Automotive Systems (SHSE:600741) A Risky Investment?
Jul 29Recent updates
These 4 Measures Indicate That HUAYU Automotive Systems (SHSE:600741) Is Using Debt Reasonably Well
Nov 25Weak Statutory Earnings May Not Tell The Whole Story For HUAYU Automotive Systems (SHSE:600741)
Nov 05Returns At HUAYU Automotive Systems (SHSE:600741) Appear To Be Weighed Down
Oct 22HUAYU Automotive Systems Company Limited's (SHSE:600741) Shares Lagging The Market But So Is The Business
Oct 07Is HUAYU Automotive Systems (SHSE:600741) A Risky Investment?
Jul 29HUAYU Automotive Systems Company Limited's (SHSE:600741) Intrinsic Value Is Potentially 50% Above Its Share Price
Jun 05Solid Earnings May Not Tell The Whole Story For HUAYU Automotive Systems (SHSE:600741)
Apr 04HUAYU Automotive Systems Company Limited's (SHSE:600741) Prospects Need A Boost To Lift Shares
Mar 19The Returns On Capital At HUAYU Automotive Systems (SHSE:600741) Don't Inspire Confidence
Feb 29Financial Position Analysis
Short Term Liabilities: 600741's short term assets (CN¥113.5B) exceed its short term liabilities (CN¥106.9B).
Long Term Liabilities: 600741's short term assets (CN¥113.5B) exceed its long term liabilities (CN¥9.8B).
Debt to Equity History and Analysis
Debt Level: 600741 has more cash than its total debt.
Reducing Debt: 600741's debt to equity ratio has increased from 22.2% to 25.4% over the past 5 years.
Debt Coverage: 600741's debt is well covered by operating cash flow (59.2%).
Interest Coverage: 600741 earns more interest than it pays, so coverage of interest payments is not a concern.