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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:28 |
| End of Day Share Price | 2024/12/20 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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Industry and Sector Metrics
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Analyst Sources
Changchun FAWAY Automobile Components Co.,Ltd is covered by 8 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 |
|---|---|
| Xing LI | Changjiang Securities Co. LTD. |
| Dong Zheng | China International Capital Corporation Limited |
| Liusheng Wang | China Merchants Securities Co. Ltd. |