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 |
Cash | CN¥2.84b |
Equity | CN¥9.72b |
Total liabilities | CN¥6.30b |
Total assets | CN¥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 02Is There Now An Opportunity In Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (SHSE:601799)?
Nov 13Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Oct 28Investors Met With Slowing Returns on Capital At Changzhou Xingyu Automotive Lighting SystemsLtd (SHSE:601799)
Sep 30Changzhou Xingyu Automotive Lighting Systems Co.,Ltd.'s (SHSE:601799) Share Price Could Signal Some Risk
Jul 24Slowing Rates Of Return At Changzhou Xingyu Automotive Lighting SystemsLtd (SHSE:601799) Leave Little Room For Excitement
Jun 11Getting In Cheap On Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (SHSE:601799) Might Be Difficult
Apr 25Changzhou 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¥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
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/25 10:39 |
End of Day Share Price | 2024/12/25 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 * |
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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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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.
Analyst | Institution |
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Joey Yang | BofA Global Research |
Yanli Qi | Bohai Securities Co., Ltd. |
Deng Gao | Changjiang Securities Co. LTD. |