Guangzhou Tongda Auto Electric Balance Sheet Health
Financial Health criteria checks 6/6
Guangzhou Tongda Auto Electric has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥189.7M respectively. Guangzhou Tongda Auto Electric's EBIT is CN¥24.2M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥341.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.5x |
| Cash | CN¥341.28m |
| Equity | CN¥1.58b |
| Total liabilities | CN¥189.71m |
| Total assets | CN¥1.77b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Guangzhou Tongda Auto Electric Co., Ltd (SHSE:603390) After Shares Rise 26%
Dec 23
There Are Reasons To Feel Uneasy About Guangzhou Tongda Auto Electric's (SHSE:603390) Returns On Capital
Dec 13Guangzhou Tongda Auto Electric Co., Ltd (SHSE:603390) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Sep 04Capital Allocation Trends At Guangzhou Tongda Auto Electric (SHSE:603390) Aren't Ideal
Aug 29Guangzhou Tongda Auto Electric Co., Ltd's (SHSE:603390) Shareholders Might Be Looking For Exit
Jun 28Statutory Profit Doesn't Reflect How Good Guangzhou Tongda Auto Electric's (SHSE:603390) Earnings Are
May 03Pinning Down Guangzhou Tongda Auto Electric Co., Ltd's (SHSE:603390) P/S Is Difficult Right Now
Feb 28Financial Position Analysis
Short Term Liabilities: 603390's short term assets (CN¥954.9M) exceed its short term liabilities (CN¥182.2M).
Long Term Liabilities: 603390's short term assets (CN¥954.9M) exceed its long term liabilities (CN¥7.5M).
Debt to Equity History and Analysis
Debt Level: 603390 is debt free.
Reducing Debt: 603390 has no debt compared to 5 years ago when its debt to equity ratio was 4.4%.
Debt Coverage: 603390 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603390 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 23:12 |
| End of Day Share Price | 2024/12/23 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
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Analyst Sources
Guangzhou Tongda Auto Electric Co., Ltd is covered by 0 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.
| Analyst | Institution |
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