HUAYU Automotive Systems Balance Sheet Health
Financial Health criteria checks 5/6
HUAYU Automotive Systems has a total shareholder equity of CN¥63.0B and total debt of CN¥16.7B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are CN¥174.6B and CN¥111.6B respectively. HUAYU Automotive Systems's EBIT is CN¥5.4B making its interest coverage ratio -2. It has cash and short-term investments of CN¥41.5B.
Key information
26.6%
Debt to equity ratio
CN¥16.74b
Debt
Interest coverage ratio | -2x |
Cash | CN¥41.47b |
Equity | CN¥63.00b |
Total liabilities | CN¥111.59b |
Total assets | CN¥174.59b |
Recent financial health updates
Recent updates
Is 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¥115.3B) exceed its short term liabilities (CN¥101.6B).
Long Term Liabilities: 600741's short term assets (CN¥115.3B) exceed its long term liabilities (CN¥10.0B).
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 21.8% to 26.6% over the past 5 years.
Debt Coverage: 600741's debt is well covered by operating cash flow (71.6%).
Interest Coverage: 600741 earns more interest than it pays, so coverage of interest payments is not a concern.