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¥1.2B, which brings its debt-to-equity ratio to 57.4%. 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
57.4%
Debt to equity ratio
CN¥1.21b
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 Co., Ltd. (SHSE:605208) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Dec 02
Shanghai Yongmaotai Automotive Technology's (SHSE:605208) Earnings Quality Is Low
Nov 04Investors 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 (53.8%) is considered high.
Reducing Debt: 605208's debt to equity ratio has increased from 24.4% to 57.4% 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 11:02 |
| End of Day Share Price | 2024/12/27 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
Shanghai Yongmaotai Automotive Technology Co., Ltd. is covered by 2 analysts. 0 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 |
|---|---|
| Zhengyang Ni | Topsperity Securities |
| Siyuan He | Topsperity Securities |