Shanghai Xinpeng IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Xinpeng IndustryLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥462.3M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are CN¥6.1B and CN¥2.3B respectively. Shanghai Xinpeng IndustryLtd's EBIT is CN¥276.4M making its interest coverage ratio -3. It has cash and short-term investments of CN¥1.8B.
Key information
12.0%
Debt to equity ratio
CN¥462.26m
Debt
Interest coverage ratio | -3x |
Cash | CN¥1.81b |
Equity | CN¥3.86b |
Total liabilities | CN¥2.26b |
Total assets | CN¥6.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002328's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002328's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥468.8M).
Debt to Equity History and Analysis
Debt Level: 002328 has more cash than its total debt.
Reducing Debt: 002328's debt to equity ratio has increased from 0.7% to 12% over the past 5 years.
Debt Coverage: 002328's debt is well covered by operating cash flow (162.4%).
Interest Coverage: 002328 earns more interest than it pays, so coverage of interest payments is not a concern.