Loncin Motor Balance Sheet Health
Financial Health criteria checks 6/6
Loncin Motor has a total shareholder equity of CN¥9.1B and total debt of CN¥301.3M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CN¥15.0B and CN¥5.9B respectively. Loncin Motor's EBIT is CN¥985.1M making its interest coverage ratio -14.8. It has cash and short-term investments of CN¥5.8B.
Key information
3.3%
Debt to equity ratio
CN¥301.33m
Debt
| Interest coverage ratio | -14.8x |
| Cash | CN¥5.81b |
| Equity | CN¥9.10b |
| Total liabilities | CN¥5.93b |
| Total assets | CN¥15.02b |
Recent financial health updates
Loncin Motor (SHSE:603766) Has A Rock Solid Balance Sheet
Jul 01
These 4 Measures Indicate That Loncin Motor (SHSE:603766) Is Using Debt Safely
Mar 21Recent updates
Return Trends At Loncin Motor (SHSE:603766) Aren't Appealing
Oct 21It's A Story Of Risk Vs Reward With Loncin Motor Co., Ltd. (SHSE:603766)
Sep 30The Returns On Capital At Loncin Motor (SHSE:603766) Don't Inspire Confidence
Jul 22Loncin Motor (SHSE:603766) Has A Rock Solid Balance Sheet
Jul 01Loncin Motor (SHSE:603766) Is Increasing Its Dividend To CN¥0.10
Jun 09Loncin Motor Co., Ltd.'s (SHSE:603766) 26% Price Boost Is Out Of Tune With Earnings
May 10We Like Loncin Motor's (SHSE:603766) Earnings For More Than Just Statutory Profit
May 08Some Investors May Be Worried About Loncin Motor's (SHSE:603766) Returns On Capital
Apr 17These 4 Measures Indicate That Loncin Motor (SHSE:603766) Is Using Debt Safely
Mar 21Investors Aren't Buying Loncin Motor Co., Ltd.'s (SHSE:603766) Earnings
Feb 29Financial Position Analysis
Short Term Liabilities: 603766's short term assets (CN¥10.8B) exceed its short term liabilities (CN¥5.6B).
Long Term Liabilities: 603766's short term assets (CN¥10.8B) exceed its long term liabilities (CN¥285.3M).
Debt to Equity History and Analysis
Debt Level: 603766 has more cash than its total debt.
Reducing Debt: 603766's debt to equity ratio has reduced from 13.6% to 3.3% over the past 5 years.
Debt Coverage: 603766's debt is well covered by operating cash flow (532.5%).
Interest Coverage: 603766 earns more interest than it pays, so coverage of interest payments is not a concern.