Kunshan Huguang Auto HarnessLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kunshan Huguang Auto HarnessLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 103.2%. Its total assets and total liabilities are CN¥6.9B and CN¥4.9B respectively. Kunshan Huguang Auto HarnessLtd's EBIT is CN¥673.4M making its interest coverage ratio 11.2. It has cash and short-term investments of CN¥599.6M.
Key information
103.2%
Debt to equity ratio
CN¥2.02b
Debt
| Interest coverage ratio | 11.2x |
| Cash | CN¥599.56m |
| Equity | CN¥1.96b |
| Total liabilities | CN¥4.95b |
| Total assets | CN¥6.91b |
Recent financial health updates
Recent updates
Sentiment Still Eluding Kunshan Huguang Auto Harness Co.,Ltd. (SHSE:605333)
Oct 29
Is Kunshan Huguang Auto HarnessLtd (SHSE:605333) A Risky Investment?
Sep 27Kunshan Huguang Auto Harness Co.,Ltd. (SHSE:605333) Shares Could Be 31% Below Their Intrinsic Value Estimate
Jul 26Some Investors May Be Worried About Kunshan Huguang Auto HarnessLtd's (SHSE:605333) Returns On Capital
Jun 10Here's Why We Think Kunshan Huguang Auto HarnessLtd (SHSE:605333) Is Well Worth Watching
May 22Shareholders Can Be Confident That Kunshan Huguang Auto HarnessLtd's (SHSE:605333) Earnings Are High Quality
May 02Kunshan Huguang Auto Harness Co.,Ltd.'s (SHSE:605333) P/S Is Still On The Mark Following 26% Share Price Bounce
Feb 29Financial Position Analysis
Short Term Liabilities: 605333's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 605333's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥826.6M).
Debt to Equity History and Analysis
Debt Level: 605333's net debt to equity ratio (72.6%) is considered high.
Reducing Debt: 605333's debt to equity ratio has reduced from 119.4% to 103.2% over the past 5 years.
Debt Coverage: 605333's debt is well covered by operating cash flow (22.1%).
Interest Coverage: 605333's interest payments on its debt are well covered by EBIT (11.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:47 |
| End of Day Share Price | 2024/12/23 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kunshan Huguang Auto Harness Co.,Ltd. is covered by 7 analysts. 6 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 |
|---|---|
| Xue Deng | China International Capital Corporation Limited |
| Jingtao Li | Citic Securities Co., Ltd. |
| Xuxia Tang | Guosen Securities Co., Ltd. |