Bethel Automotive Safety Systems Balance Sheet Health
Financial Health criteria checks 6/6
Bethel Automotive Safety Systems has a total shareholder equity of CN¥6.6B and total debt of CN¥198.8M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CN¥11.4B and CN¥4.8B respectively. Bethel Automotive Safety Systems's EBIT is CN¥1.1B making its interest coverage ratio -22. It has cash and short-term investments of CN¥2.4B.
Key information
3.0%
Debt to equity ratio
CN¥198.83m
Debt
| Interest coverage ratio | -22x |
| Cash | CN¥2.35b |
| Equity | CN¥6.59b |
| Total liabilities | CN¥4.77b |
| Total assets | CN¥11.36b |
Recent financial health updates
Does Bethel Automotive Safety Systems (SHSE:603596) Have A Healthy Balance Sheet?
Oct 14
Is Bethel Automotive Safety Systems (SHSE:603596) Using Too Much Debt?
May 21Recent updates
Bethel Automotive Safety Systems' (SHSE:603596) Returns Have Hit A Wall
Nov 21Bethel Automotive Safety Systems (SHSE:603596) Strong Profits May Be Masking Some Underlying Issues
Nov 05Does Bethel Automotive Safety Systems (SHSE:603596) Have A Healthy Balance Sheet?
Oct 14Even With A 31% Surge, Cautious Investors Are Not Rewarding Bethel Automotive Safety Systems Co., Ltd's (SHSE:603596) Performance Completely
Sep 26Here's Why Bethel Automotive Safety Systems (SHSE:603596) Has Caught The Eye Of Investors
Sep 20At CN¥36.20, Is Bethel Automotive Safety Systems Co., Ltd (SHSE:603596) Worth Looking At Closely?
Aug 15Return Trends At Bethel Automotive Safety Systems (SHSE:603596) Aren't Appealing
Jul 31Is Bethel Automotive Safety Systems (SHSE:603596) Using Too Much Debt?
May 21Concerns Surrounding Bethel Automotive Safety Systems' (SHSE:603596) Performance
May 06Sentiment Still Eluding Bethel Automotive Safety Systems Co., Ltd (SHSE:603596)
Apr 29Returns On Capital At Bethel Automotive Safety Systems (SHSE:603596) Paint A Concerning Picture
Mar 25Financial Position Analysis
Short Term Liabilities: 603596's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 603596's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥497.5M).
Debt to Equity History and Analysis
Debt Level: 603596 has more cash than its total debt.
Reducing Debt: 603596's debt to equity ratio has reduced from 9.8% to 3% over the past 5 years.
Debt Coverage: 603596's debt is well covered by operating cash flow (381.3%).
Interest Coverage: 603596 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:52 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bethel Automotive Safety Systems Co., Ltd is covered by 23 analysts. 14 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 |
|---|---|
| Fu Yang | Chasing Securities |
| Jinman Shi | China Galaxy Securities Co., Ltd. |
| Xue Deng | China International Capital Corporation Limited |