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¥364.9M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are CN¥2.3B and CN¥988.6M respectively.
Key information
28.4%
Debt to equity ratio
CN¥364.91m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥278.84m |
| Equity | CN¥1.29b |
| Total liabilities | CN¥988.60m |
| Total assets | CN¥2.27b |
Recent financial health updates
No updates
Recent updates
There May Be Reason For Hope In Ningbo Shenglong Automotive Powertrain SystemLtd's (SHSE:603178) Disappointing Earnings
Apr 29
What You Can Learn From Ningbo Shenglong Automotive Powertrain System Co.,Ltd.'s (SHSE:603178) P/SAfter Its 30% Share Price Crash
Apr 18Market Participants Recognise Ningbo Shenglong Automotive Powertrain System Co.,Ltd.'s (SHSE:603178) Revenues Pushing Shares 26% Higher
Mar 04Financial Position Analysis
Short Term Liabilities: 603178's short term assets (CN¥976.8M) exceed its short term liabilities (CN¥839.7M).
Long Term Liabilities: 603178's short term assets (CN¥976.8M) exceed its long term liabilities (CN¥148.9M).
Debt to Equity History and Analysis
Debt Level: 603178's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 603178's debt to equity ratio has reduced from 95.7% to 28.4% over the past 5 years.
Debt Coverage: 603178's debt is well covered by operating cash flow (41.1%).
Interest Coverage: Insufficient data to determine if 603178's interest payments on its debt are well covered by EBIT.