Changzhou Xingyu Automotive Lighting Systems Co.,Ltd.

SHSE:601799 Stock Report

Market Cap: CN¥38.6b

Changzhou Xingyu Automotive Lighting SystemsLtd Balance Sheet Health

Financial Health criteria checks 6/6

Changzhou Xingyu Automotive Lighting SystemsLtd has a total shareholder equity of CN¥9.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥16.0B and CN¥6.3B respectively. Changzhou Xingyu Automotive Lighting SystemsLtd's EBIT is CN¥1.4B making its interest coverage ratio -91.6. It has cash and short-term investments of CN¥2.8B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-91.6x
CashCN¥2.84b
EquityCN¥9.72b
Total liabilitiesCN¥6.30b
Total assetsCN¥16.02b

Recent financial health updates

No updates

Recent updates

Investors Continue Waiting On Sidelines For Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (SHSE:601799)

Dec 02
Investors Continue Waiting On Sidelines For Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (SHSE:601799)

Is There Now An Opportunity In Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (SHSE:601799)?

Nov 13
Is There Now An Opportunity In Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (SHSE:601799)?

Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Oct 28
Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Investors Met With Slowing Returns on Capital At Changzhou Xingyu Automotive Lighting SystemsLtd (SHSE:601799)

Sep 30
Investors Met With Slowing Returns on Capital At Changzhou Xingyu Automotive Lighting SystemsLtd (SHSE:601799)

Changzhou Xingyu Automotive Lighting Systems Co.,Ltd.'s (SHSE:601799) Share Price Could Signal Some Risk

Jul 24
Changzhou Xingyu Automotive Lighting Systems Co.,Ltd.'s (SHSE:601799) Share Price Could Signal Some Risk

Slowing Rates Of Return At Changzhou Xingyu Automotive Lighting SystemsLtd (SHSE:601799) Leave Little Room For Excitement

Jun 11
Slowing Rates Of Return At Changzhou Xingyu Automotive Lighting SystemsLtd (SHSE:601799) Leave Little Room For Excitement

Getting In Cheap On Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (SHSE:601799) Might Be Difficult

Apr 25
Getting In Cheap On Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (SHSE:601799) Might Be Difficult

Changzhou Xingyu Automotive Lighting SystemsLtd's (SHSE:601799) Solid Earnings May Rest On Weak Foundations

Apr 03
Changzhou Xingyu Automotive Lighting SystemsLtd's (SHSE:601799) Solid Earnings May Rest On Weak Foundations

Changzhou Xingyu Automotive Lighting SystemsLtd (SHSE:601799) May Have Issues Allocating Its Capital

Feb 27
Changzhou Xingyu Automotive Lighting SystemsLtd (SHSE:601799) May Have Issues Allocating Its Capital

Financial Position Analysis

Short Term Liabilities: 601799's short term assets (CN¥11.1B) exceed its short term liabilities (CN¥5.6B).

Long Term Liabilities: 601799's short term assets (CN¥11.1B) exceed its long term liabilities (CN¥695.5M).


Debt to Equity History and Analysis

Debt Level: 601799 is debt free.

Reducing Debt: 601799 has no debt compared to 5 years ago when its debt to equity ratio was 8.6%.

Debt Coverage: 601799 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 601799 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 10:39
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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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

Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. is covered by 27 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joey YangBofA Global Research
Yanli QiBohai Securities Co., Ltd.
Deng GaoChangjiang Securities Co. LTD.