Changchun Engley Automobile IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Changchun Engley Automobile IndustryLtd has a total shareholder equity of CN¥4.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are CN¥7.8B and CN¥3.1B respectively. Changchun Engley Automobile IndustryLtd's EBIT is CN¥101.9M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥1.4B.
Key information
23.8%
Debt to equity ratio
CN¥1.13b
Debt
| Interest coverage ratio | 4.9x |
| Cash | CN¥1.39b |
| Equity | CN¥4.75b |
| Total liabilities | CN¥3.07b |
| Total assets | CN¥7.82b |
Recent financial health updates
Does Changchun Engley Automobile IndustryLtd (SHSE:601279) Have A Healthy Balance Sheet?
Dec 03
Changchun Engley Automobile IndustryLtd (SHSE:601279) Has A Pretty Healthy Balance Sheet
Jul 23Recent updates
Changchun Engley Automobile IndustryLtd's (SHSE:601279) Returns On Capital Not Reflecting Well On The Business
Jan 03Does Changchun Engley Automobile IndustryLtd (SHSE:601279) Have A Healthy Balance Sheet?
Dec 03Changchun Engley Automobile IndustryLtd's (SHSE:601279) Anemic Earnings Might Be Worse Than You Think
Nov 06What Changchun Engley Automobile Industry Co.,Ltd.'s (SHSE:601279) P/E Is Not Telling You
Oct 23Returns On Capital At Changchun Engley Automobile IndustryLtd (SHSE:601279) Paint A Concerning Picture
Sep 26Changchun Engley Automobile IndustryLtd (SHSE:601279) Has A Pretty Healthy Balance Sheet
Jul 23Returns On Capital At Changchun Engley Automobile IndustryLtd (SHSE:601279) Paint A Concerning Picture
Jun 26Changchun Engley Automobile Industry Co.,Ltd.'s (SHSE:601279) Business Is Yet to Catch Up With Its Share Price
May 27Changchun Engley Automobile IndustryLtd's (SHSE:601279) Performance Is Even Better Than Its Earnings Suggest
Apr 05Financial Position Analysis
Short Term Liabilities: 601279's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 601279's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥859.0M).
Debt to Equity History and Analysis
Debt Level: 601279 has more cash than its total debt.
Reducing Debt: 601279's debt to equity ratio has reduced from 30.5% to 23.8% over the past 5 years.
Debt Coverage: 601279's debt is well covered by operating cash flow (62.8%).
Interest Coverage: 601279's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 11:53 |
| End of Day Share Price | 2025/01/09 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Changchun Engley Automobile Industry Co.,Ltd. is covered by 0 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 |
|---|