Bohai Automotive Systems Balance Sheet Health
Financial Health criteria checks 4/6
Bohai Automotive Systems has a total shareholder equity of CN¥4.6B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are CN¥8.0B and CN¥3.4B respectively.
Key information
40.4%
Debt to equity ratio
CN¥1.85b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥923.47m |
| Equity | CN¥4.58b |
| Total liabilities | CN¥3.41b |
| Total assets | CN¥7.99b |
Recent financial health updates
No updates
Recent updates
Improved Revenues Required Before Bohai Automotive Systems CO., LTD. (SHSE:600960) Stock's 36% Jump Looks Justified
Nov 26
Bohai Automotive Systems CO., LTD. (SHSE:600960) Shares Fly 26% But Investors Aren't Buying For Growth
Sep 30Revenues Working Against Bohai Automotive Systems CO., LTD.'s (SHSE:600960) Share Price
Jul 31Benign Growth For Bohai Automotive Systems CO., LTD. (SHSE:600960) Underpins Stock's 26% Plummet
Apr 16Little Excitement Around Bohai Automotive Systems CO., LTD.'s (SHSE:600960) Revenues
Feb 28Financial Position Analysis
Short Term Liabilities: 600960's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 600960's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥533.5M).
Debt to Equity History and Analysis
Debt Level: 600960's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: 600960's debt to equity ratio has reduced from 48.2% to 40.4% over the past 5 years.
Debt Coverage: 600960's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: Insufficient data to determine if 600960's interest payments on its debt are well covered by EBIT.