GSP Automotive Group WenzhouLtd Balance Sheet Health
Financial Health criteria checks 4/6
GSP Automotive Group WenzhouLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are CN¥5.5B and CN¥3.1B respectively. GSP Automotive Group WenzhouLtd's EBIT is CN¥331.2M making its interest coverage ratio 15.5. It has cash and short-term investments of CN¥2.0B.
Key information
52.9%
Debt to equity ratio
CN¥1.28b
Debt
| Interest coverage ratio | 15.5x |
| Cash | CN¥1.98b |
| Equity | CN¥2.43b |
| Total liabilities | CN¥3.12b |
| Total assets | CN¥5.55b |
Recent financial health updates
No updates
Recent updates
GSP Automotive Group Wenzhou Co.,Ltd.'s (SHSE:605088) Share Price Boosted 34% But Its Business Prospects Need A Lift Too
Nov 27
GSP Automotive Group WenzhouLtd's (SHSE:605088) Earnings Are Of Questionable Quality
Apr 05A Piece Of The Puzzle Missing From GSP Automotive Group Wenzhou Co.,Ltd.'s (SHSE:605088) 36% Share Price Climb
Apr 02Financial Position Analysis
Short Term Liabilities: 605088's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 605088's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥577.4M).
Debt to Equity History and Analysis
Debt Level: 605088 has more cash than its total debt.
Reducing Debt: 605088's debt to equity ratio has increased from 13.6% to 52.9% over the past 5 years.
Debt Coverage: 605088's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: 605088's interest payments on its debt are well covered by EBIT (15.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 16:17 |
| End of Day Share Price | 2024/12/24 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
GSP Automotive Group Wenzhou Co.,Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Yi Liu | Citic Securities Co., Ltd. |