Shanghai Daimay Automotive Interior Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Daimay Automotive Interior has a total shareholder equity of CN¥4.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥6.8B and CN¥2.1B respectively. Shanghai Daimay Automotive Interior's EBIT is CN¥873.5M making its interest coverage ratio 26. It has cash and short-term investments of CN¥1.1B.
Key information
24.1%
Debt to equity ratio
CN¥1.13b
Debt
| Interest coverage ratio | 26x |
| Cash | CN¥1.10b |
| Equity | CN¥4.69b |
| Total liabilities | CN¥2.12b |
| Total assets | CN¥6.81b |
Recent financial health updates
Recent updates
Shanghai Daimay Automotive Interior Co., Ltd (SHSE:603730) Just Reported Earnings, And Analysts Cut Their Target Price
May 03
Here's Why We Think Shanghai Daimay Automotive Interior (SHSE:603730) Is Well Worth Watching
Apr 23Investors Holding Back On Shanghai Daimay Automotive Interior Co., Ltd (SHSE:603730)
Apr 05Is Shanghai Daimay Automotive Interior (SHSE:603730) Using Too Much Debt?
Mar 19Is Now The Time To Look At Buying Shanghai Daimay Automotive Interior Co., Ltd (SHSE:603730)?
Feb 29Financial Position Analysis
Short Term Liabilities: 603730's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 603730's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 603730's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: 603730's debt to equity ratio has reduced from 25.5% to 24.1% over the past 5 years.
Debt Coverage: 603730's debt is well covered by operating cash flow (95.4%).
Interest Coverage: 603730's interest payments on its debt are well covered by EBIT (26x coverage).