Ningbo Shenglong Automotive Powertrain System Co.,Ltd.

SHSE:603178 Stock Report

Market Cap: CN¥4.8b

Ningbo Shenglong Automotive Powertrain SystemLtd Balance Sheet Health

Financial Health criteria checks 5/6

Ningbo Shenglong Automotive Powertrain SystemLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥356.2M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are CN¥2.3B and CN¥1.1B respectively.

Key information

28.0%

Debt to equity ratio

CN¥356.17m

Debt

Interest coverage ration/a
CashCN¥295.28m
EquityCN¥1.27b
Total liabilitiesCN¥1.05b
Total assetsCN¥2.33b

Recent financial health updates

Would Ningbo Shenglong Automotive Powertrain SystemLtd (SHSE:603178) Be Better Off With Less Debt?

Dec 25
Would Ningbo Shenglong Automotive Powertrain SystemLtd (SHSE:603178) Be Better Off With Less Debt?

Ningbo Shenglong Automotive Powertrain SystemLtd (SHSE:603178) Is Making Moderate Use Of Debt

Jul 31
Ningbo Shenglong Automotive Powertrain SystemLtd (SHSE:603178) Is Making Moderate Use Of Debt

Recent updates

Would Ningbo Shenglong Automotive Powertrain SystemLtd (SHSE:603178) Be Better Off With Less Debt?

Dec 25
Would Ningbo Shenglong Automotive Powertrain SystemLtd (SHSE:603178) Be Better Off With Less Debt?

Earnings Troubles May Signal Larger Issues for Ningbo Shenglong Automotive Powertrain SystemLtd (SHSE:603178) Shareholders

Nov 06
Earnings Troubles May Signal Larger Issues for Ningbo Shenglong Automotive Powertrain SystemLtd (SHSE:603178) Shareholders

Revenues Not Telling The Story For Ningbo Shenglong Automotive Powertrain System Co.,Ltd. (SHSE:603178)

Sep 30
Revenues Not Telling The Story For Ningbo Shenglong Automotive Powertrain System Co.,Ltd. (SHSE:603178)

Ningbo Shenglong Automotive Powertrain SystemLtd (SHSE:603178) Is Making Moderate Use Of Debt

Jul 31
Ningbo Shenglong Automotive Powertrain SystemLtd (SHSE:603178) Is Making Moderate Use Of Debt

There May Be Reason For Hope In Ningbo Shenglong Automotive Powertrain SystemLtd's (SHSE:603178) Disappointing Earnings

Apr 29
There May Be Reason For Hope In Ningbo Shenglong Automotive Powertrain SystemLtd's (SHSE:603178) Disappointing Earnings

What You Can Learn From Ningbo Shenglong Automotive Powertrain System Co.,Ltd.'s (SHSE:603178) P/SAfter Its 30% Share Price Crash

Apr 18
What You Can Learn From Ningbo Shenglong Automotive Powertrain System Co.,Ltd.'s (SHSE:603178) P/SAfter Its 30% Share Price Crash

Market Participants Recognise Ningbo Shenglong Automotive Powertrain System Co.,Ltd.'s (SHSE:603178) Revenues Pushing Shares 26% Higher

Mar 04
Market Participants Recognise Ningbo Shenglong Automotive Powertrain System Co.,Ltd.'s (SHSE:603178) Revenues Pushing Shares 26% Higher

Financial Position Analysis

Short Term Liabilities: 603178's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥888.8M).

Long Term Liabilities: 603178's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥163.4M).

Debt to Equity History and Analysis

Debt Level: 603178's net debt to equity ratio (4.8%) is considered satisfactory.

Reducing Debt: 603178's debt to equity ratio has reduced from 110% to 28% over the past 5 years.

Debt Coverage: 603178's debt is well covered by operating cash flow (33.6%).

Interest Coverage: Insufficient data to determine if 603178's interest payments on its debt are well covered by EBIT.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 19:48
End of Day Share Price 2024/12/26 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

Ningbo Shenglong Automotive Powertrain System Co.,Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullChina International Capital Corporation Limited
Xue DengChina International Capital Corporation Limited