China Automotive Engineering Research Institute Balance Sheet Health
Financial Health criteria checks 5/6
China Automotive Engineering Research Institute has a total shareholder equity of CN¥7.2B and total debt of CN¥54.5M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥9.5B and CN¥2.3B respectively. China Automotive Engineering Research Institute's EBIT is CN¥995.6M making its interest coverage ratio -19. It has cash and short-term investments of CN¥1.5B.
Key information
0.8%
Debt to equity ratio
CN¥54.49m
Debt
| Interest coverage ratio | -19x |
| Cash | CN¥1.50b |
| Equity | CN¥7.22b |
| Total liabilities | CN¥2.30b |
| Total assets | CN¥9.52b |
Recent financial health updates
Recent updates
China Automotive Engineering Research Institute (SHSE:601965) Is Looking To Continue Growing Its Returns On Capital
Nov 11
Is Now The Time To Put China Automotive Engineering Research Institute (SHSE:601965) On Your Watchlist?
Oct 10Solid Earnings May Not Tell The Whole Story For China Automotive Engineering Research Institute (SHSE:601965)
Sep 02China Automotive Engineering Research Institute Co., Ltd.'s (SHSE:601965) Earnings Are Not Doing Enough For Some Investors
Aug 29An Intrinsic Calculation For China Automotive Engineering Research Institute Co., Ltd. (SHSE:601965) Suggests It's 21% Undervalued
Jul 29Returns At China Automotive Engineering Research Institute (SHSE:601965) Are On The Way Up
May 27Benign Growth For China Automotive Engineering Research Institute Co., Ltd. (SHSE:601965) Underpins Its Share Price
May 13Does China Automotive Engineering Research Institute (SHSE:601965) Deserve A Spot On Your Watchlist?
Apr 16We Think China Automotive Engineering Research Institute (SHSE:601965) Can Manage Its Debt With Ease
Mar 29Financial Position Analysis
Short Term Liabilities: 601965's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 601965's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥451.3M).
Debt to Equity History and Analysis
Debt Level: 601965 has more cash than its total debt.
Reducing Debt: 601965's debt to equity ratio has increased from 0.06% to 0.8% over the past 5 years.
Debt Coverage: 601965's debt is well covered by operating cash flow (1173%).
Interest Coverage: 601965 earns more interest than it pays, so coverage of interest payments is not a concern.