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¥9.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥14.9B and CN¥5.5B respectively. Changzhou Xingyu Automotive Lighting SystemsLtd's EBIT is CN¥1.2B making its interest coverage ratio -62.5. It has cash and short-term investments of CN¥3.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -62.5x |
| Cash | CN¥3.15b |
| Equity | CN¥9.38b |
| Total liabilities | CN¥5.52b |
| Total assets | CN¥14.90b |
Recent financial health updates
No updates
Recent updates
Getting In Cheap On Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (SHSE:601799) Might Be Difficult
Apr 25
Changzhou Xingyu Automotive Lighting SystemsLtd's (SHSE:601799) Solid Earnings May Rest On Weak Foundations
Apr 03Changzhou Xingyu Automotive Lighting SystemsLtd (SHSE:601799) May Have Issues Allocating Its Capital
Feb 27Financial Position Analysis
Short Term Liabilities: 601799's short term assets (CN¥10.1B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 601799's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥713.5M).
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 8.8%.
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.