China Automotive Engineering Research Institute Co., Ltd.

SHSE:601965 Stock Report

Market Cap: CN¥18.0b

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
CashCN¥1.50b
EquityCN¥7.22b
Total liabilitiesCN¥2.30b
Total assetsCN¥9.52b

Recent financial health updates

We Think China Automotive Engineering Research Institute (SHSE:601965) Can Manage Its Debt With Ease

Mar 29
We Think China Automotive Engineering Research Institute (SHSE:601965) Can Manage Its Debt With Ease

Recent updates

China Automotive Engineering Research Institute (SHSE:601965) Is Looking To Continue Growing Its Returns On Capital

Nov 11
China Automotive Engineering Research Institute (SHSE:601965) Is Looking To Continue Growing Its Returns On Capital

Is Now The Time To Put China Automotive Engineering Research Institute (SHSE:601965) On Your Watchlist?

Oct 10
Is Now The Time To Put China Automotive Engineering Research Institute (SHSE:601965) On Your Watchlist?

Solid Earnings May Not Tell The Whole Story For China Automotive Engineering Research Institute (SHSE:601965)

Sep 02
Solid Earnings May Not Tell The Whole Story For China Automotive Engineering Research Institute (SHSE:601965)

China Automotive Engineering Research Institute Co., Ltd.'s (SHSE:601965) Earnings Are Not Doing Enough For Some Investors

Aug 29
China Automotive Engineering Research Institute Co., Ltd.'s (SHSE:601965) Earnings Are Not Doing Enough For Some Investors

An Intrinsic Calculation For China Automotive Engineering Research Institute Co., Ltd. (SHSE:601965) Suggests It's 21% Undervalued

Jul 29
An Intrinsic Calculation For China Automotive Engineering Research Institute Co., Ltd. (SHSE:601965) Suggests It's 21% Undervalued

Returns At China Automotive Engineering Research Institute (SHSE:601965) Are On The Way Up

May 27
Returns At China Automotive Engineering Research Institute (SHSE:601965) Are On The Way Up

Benign Growth For China Automotive Engineering Research Institute Co., Ltd. (SHSE:601965) Underpins Its Share Price

May 13
Benign Growth For China Automotive Engineering Research Institute Co., Ltd. (SHSE:601965) Underpins Its Share Price

Does China Automotive Engineering Research Institute (SHSE:601965) Deserve A Spot On Your Watchlist?

Apr 16
Does China Automotive Engineering Research Institute (SHSE:601965) Deserve A Spot On Your Watchlist?

We Think China Automotive Engineering Research Institute (SHSE:601965) Can Manage Its Debt With Ease

Mar 29
We Think China Automotive Engineering Research Institute (SHSE:601965) Can Manage Its Debt With Ease

Financial 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.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 23:19
End of Day Share Price 2024/12/27 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

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

China Automotive Engineering Research Institute Co., Ltd. is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xue DengChina International Capital Corporation Limited
Wayne HeChina Stock Investment Research Co. Ltd. (GZ500..com)
Wai Kin LauDaiwa Securities Co. Ltd.