Suzhou Jin Hong Shun Auto Parts Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Jin Hong Shun Auto Parts has a total shareholder equity of CN¥1.0B and total debt of CN¥60.1M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥1.6B and CN¥559.5M respectively.
Key information
5.9%
Debt to equity ratio
CN¥60.12m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥795.72m |
| Equity | CN¥1.01b |
| Total liabilities | CN¥559.53m |
| Total assets | CN¥1.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603922's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥552.2M).
Long Term Liabilities: 603922's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥7.3M).
Debt to Equity History and Analysis
Debt Level: 603922 has more cash than its total debt.
Reducing Debt: 603922's debt to equity ratio has reduced from 11.1% to 5.9% over the past 5 years.
Debt Coverage: 603922's debt is well covered by operating cash flow (38.5%).
Interest Coverage: Insufficient data to determine if 603922's interest payments on its debt are well covered by EBIT.