Shanghai Yongmaotai Automotive Technology Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai Yongmaotai Automotive Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are CN¥3.7B and CN¥1.6B respectively. Shanghai Yongmaotai Automotive Technology's EBIT is CN¥42.7M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥76.2M.
Key information
48.3%
Debt to equity ratio
CN¥1.02b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥76.21m |
| Equity | CN¥2.10b |
| Total liabilities | CN¥1.56b |
| Total assets | CN¥3.67b |
Recent financial health updates
No updates
Recent updates
Shanghai Yongmaotai Automotive Technology's (SHSE:605208) Earnings Quality Is Low
Nov 04
Investors Could Be Concerned With Shanghai Yongmaotai Automotive Technology's (SHSE:605208) Returns On Capital
Jul 12There Is A Reason Shanghai Yongmaotai Automotive Technology Co., Ltd.'s (SHSE:605208) Price Is Undemanding
Jun 05We Think Shanghai Yongmaotai Automotive Technology's (SHSE:605208) Profit Is Only A Baseline For What They Can Achieve
May 03Financial Position Analysis
Short Term Liabilities: 605208's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 605208's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥496.7M).
Debt to Equity History and Analysis
Debt Level: 605208's net debt to equity ratio (44.7%) is considered high.
Reducing Debt: 605208's debt to equity ratio has increased from 24.4% to 48.3% over the past 5 years.
Debt Coverage: 605208's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 605208's interest payments on its debt are not well covered by EBIT (1.5x coverage).