Jiangsu Xinquan Automotive TrimLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Xinquan Automotive TrimLtd has a total shareholder equity of CN¥5.4B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are CN¥14.7B and CN¥9.3B respectively. Jiangsu Xinquan Automotive TrimLtd's EBIT is CN¥1.2B making its interest coverage ratio 15. It has cash and short-term investments of CN¥882.4M.
Key information
48.8%
Debt to equity ratio
CN¥2.64b
Debt
| Interest coverage ratio | 15x |
| Cash | CN¥882.35m |
| Equity | CN¥5.42b |
| Total liabilities | CN¥9.25b |
| Total assets | CN¥14.67b |
Recent financial health updates
Jiangsu Xinquan Automotive TrimLtd (SHSE:603179) Has A Pretty Healthy Balance Sheet
Oct 08
We Think Jiangsu Xinquan Automotive TrimLtd (SHSE:603179) Can Stay On Top Of Its Debt
Jun 21Recent updates
There's Been No Shortage Of Growth Recently For Jiangsu Xinquan Automotive TrimLtd's (SHSE:603179) Returns On Capital
Dec 25At CN¥46.35, Is It Time To Put Jiangsu Xinquan Automotive Trim Co.,Ltd. (SHSE:603179) On Your Watch List?
Dec 02Jiangsu Xinquan Automotive TrimLtd (SHSE:603179) Strong Profits May Be Masking Some Underlying Issues
Nov 07Does Jiangsu Xinquan Automotive TrimLtd (SHSE:603179) Deserve A Spot On Your Watchlist?
Oct 21Jiangsu Xinquan Automotive TrimLtd (SHSE:603179) Has A Pretty Healthy Balance Sheet
Oct 08Even With A 27% Surge, Cautious Investors Are Not Rewarding Jiangsu Xinquan Automotive Trim Co.,Ltd.'s (SHSE:603179) Performance Completely
Sep 27Jiangsu Xinquan Automotive TrimLtd (SHSE:603179) Hasn't Managed To Accelerate Its Returns
Sep 12Calculating The Fair Value Of Jiangsu Xinquan Automotive Trim Co.,Ltd. (SHSE:603179)
Aug 26Why We're Not Concerned About Jiangsu Xinquan Automotive Trim Co.,Ltd.'s (SHSE:603179) Share Price
Jul 17We Think Jiangsu Xinquan Automotive TrimLtd (SHSE:603179) Can Stay On Top Of Its Debt
Jun 21Jiangsu Xinquan Automotive TrimLtd (SHSE:603179) Hasn't Managed To Accelerate Its Returns
May 22Additional Considerations Required While Assessing Jiangsu Xinquan Automotive TrimLtd's (SHSE:603179) Strong Earnings
May 06Is Jiangsu Xinquan Automotive Trim Co.,Ltd. (SHSE:603179) Potentially Undervalued?
Apr 08Earnings Update: Jiangsu Xinquan Automotive Trim Co.,Ltd. (SHSE:603179) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Mar 27With EPS Growth And More, Jiangsu Xinquan Automotive TrimLtd (SHSE:603179) Makes An Interesting Case
Mar 15Jiangsu Xinquan Automotive Trim Co.,Ltd. (SHSE:603179) Investors Are Less Pessimistic Than Expected
Mar 01Financial Position Analysis
Short Term Liabilities: 603179's short term assets (CN¥9.3B) exceed its short term liabilities (CN¥7.0B).
Long Term Liabilities: 603179's short term assets (CN¥9.3B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 603179's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: 603179's debt to equity ratio has reduced from 65.8% to 48.8% over the past 5 years.
Debt Coverage: 603179's debt is well covered by operating cash flow (26%).
Interest Coverage: 603179's interest payments on its debt are well covered by EBIT (15x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 00:37 |
| End of Day Share Price | 2024/12/27 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 * |
|---|---|---|---|
| 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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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
Jiangsu Xinquan Automotive Trim Co.,Ltd. is covered by 15 analysts. 11 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 |
|---|---|
| Jinman Shi | China Galaxy Securities Co., Ltd. |
| Xue Deng | China International Capital Corporation Limited |
| Jingtao Li | Citic Securities Co., Ltd. |