Xuchang Yuandong Drive ShaftLtd Balance Sheet Health
Financial Health criteria checks 6/6
Xuchang Yuandong Drive ShaftLtd has a total shareholder equity of CN¥4.0B and total debt of CN¥15.5M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥4.8B and CN¥799.6M respectively. Xuchang Yuandong Drive ShaftLtd's EBIT is CN¥74.6M making its interest coverage ratio -8.9. It has cash and short-term investments of CN¥1.2B.
Key information
0.4%
Debt to equity ratio
CN¥15.50m
Debt
| Interest coverage ratio | -8.9x |
| Cash | CN¥1.21b |
| Equity | CN¥4.03b |
| Total liabilities | CN¥799.56m |
| Total assets | CN¥4.83b |
Recent financial health updates
No updates
Recent updates
Xuchang Yuandong Drive Shaft Co.Ltd (SZSE:002406) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Nov 11
We Think That There Are Issues Underlying Xuchang Yuandong Drive ShaftLtd's (SZSE:002406) Earnings
Nov 06Returns On Capital Signal Tricky Times Ahead For Xuchang Yuandong Drive ShaftLtd (SZSE:002406)
Sep 30Xuchang Yuandong Drive ShaftLtd (SZSE:002406) Has Affirmed Its Dividend Of CN¥0.10
Jul 05Xuchang Yuandong Drive ShaftLtd's (SZSE:002406) Earnings Aren't As Good As They Appear
Apr 01Xuchang Yuandong Drive Shaft Co.Ltd's (SZSE:002406) 26% Price Boost Is Out Of Tune With Earnings
Mar 04Financial Position Analysis
Short Term Liabilities: 002406's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥629.2M).
Long Term Liabilities: 002406's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥170.4M).
Debt to Equity History and Analysis
Debt Level: 002406 has more cash than its total debt.
Reducing Debt: 002406's debt to equity ratio has reduced from 23.8% to 0.4% over the past 5 years.
Debt Coverage: 002406's debt is well covered by operating cash flow (202.5%).
Interest Coverage: 002406 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:41 |
| End of Day Share Price | 2024/12/30 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Xuchang Yuandong Drive Shaft Co.Ltd is covered by 5 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 |
|---|---|
| Liusheng Wang | China Merchants Securities Co. Ltd. |
| Wei Feng | Everbright Securities Co. Ltd. |
| Ran Fei | Great Wall Securities Co., Ltd. |