Changchun FAWAY Automobile ComponentsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Changchun FAWAY Automobile ComponentsLtd has a total shareholder equity of CN¥9.9B and total debt of CN¥465.1M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are CN¥22.3B and CN¥12.4B respectively. Changchun FAWAY Automobile ComponentsLtd's EBIT is CN¥377.3M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥7.7B.
Key information
4.7%
Debt to equity ratio
CN¥465.12m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥7.66b |
| Equity | CN¥9.87b |
| Total liabilities | CN¥12.41b |
| Total assets | CN¥22.28b |
Recent financial health updates
No updates
Recent updates
Changchun FAWAY Automobile ComponentsLtd's (SHSE:600742) Soft Earnings Don't Show The Whole Picture
Nov 05
Changchun FAWAY Automobile ComponentsLtd's (SHSE:600742) Soft Earnings Are Actually Better Than They Appear
Apr 03Returns Are Gaining Momentum At Changchun FAWAY Automobile ComponentsLtd (SHSE:600742)
Feb 28Financial Position Analysis
Short Term Liabilities: 600742's short term assets (CN¥14.1B) exceed its short term liabilities (CN¥11.1B).
Long Term Liabilities: 600742's short term assets (CN¥14.1B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 600742 has more cash than its total debt.
Reducing Debt: 600742's debt to equity ratio has increased from 1.4% to 4.7% over the past 5 years.
Debt Coverage: 600742's debt is well covered by operating cash flow (476%).
Interest Coverage: 600742 earns more interest than it pays, so coverage of interest payments is not a concern.