Huizhou Desay SV Automotive Balance Sheet Health
Financial Health criteria checks 5/6
Huizhou Desay SV Automotive has a total shareholder equity of CN¥9.1B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are CN¥19.3B and CN¥10.2B respectively. Huizhou Desay SV Automotive's EBIT is CN¥2.3B making its interest coverage ratio 100.8. It has cash and short-term investments of CN¥628.9M.
Key information
12.7%
Debt to equity ratio
CN¥1.15b
Debt
| Interest coverage ratio | 100.8x |
| Cash | CN¥628.90m |
| Equity | CN¥9.08b |
| Total liabilities | CN¥10.24b |
| Total assets | CN¥19.32b |
Recent financial health updates
Here's Why Huizhou Desay SV Automotive (SZSE:002920) Can Manage Its Debt Responsibly
Aug 16
Does Huizhou Desay SV Automotive (SZSE:002920) Have A Healthy Balance Sheet?
May 09Recent updates
Shareholders Would Enjoy A Repeat Of Huizhou Desay SV Automotive's (SZSE:002920) Recent Growth In Returns
Dec 12What Is Huizhou Desay SV Automotive Co., Ltd.'s (SZSE:002920) Share Price Doing?
Nov 25Huizhou Desay SV Automotive's (SZSE:002920) Profits May Not Reveal Underlying Issues
Nov 06Earnings Tell The Story For Huizhou Desay SV Automotive Co., Ltd. (SZSE:002920) As Its Stock Soars 28%
Sep 27Huizhou Desay SV Automotive (SZSE:002920) Might Have The Makings Of A Multi-Bagger
Sep 10Huizhou Desay SV Automotive Co., Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 22Here's Why Huizhou Desay SV Automotive (SZSE:002920) Can Manage Its Debt Responsibly
Aug 16Investors Interested In Huizhou Desay SV Automotive Co., Ltd.'s (SZSE:002920) Earnings
Jun 19Huizhou Desay SV Automotive's (SZSE:002920) Returns On Capital Are Heading Higher
May 27Does Huizhou Desay SV Automotive (SZSE:002920) Have A Healthy Balance Sheet?
May 09At CN¥118, Is It Time To Put Huizhou Desay SV Automotive Co., Ltd. (SZSE:002920) On Your Watch List?
Apr 22We Think That There Are Some Issues For Huizhou Desay SV Automotive (SZSE:002920) Beyond Its Promising Earnings
Apr 03Huizhou Desay SV Automotive Co., Ltd. Beat Revenue Forecasts By 6.0%: Here's What Analysts Are Forecasting Next
Apr 01A Look At The Intrinsic Value Of Huizhou Desay SV Automotive Co., Ltd. (SZSE:002920)
Mar 15Pinning Down Huizhou Desay SV Automotive Co., Ltd.'s (SZSE:002920) P/E Is Difficult Right Now
Feb 29Financial Position Analysis
Short Term Liabilities: 002920's short term assets (CN¥14.6B) exceed its short term liabilities (CN¥9.4B).
Long Term Liabilities: 002920's short term assets (CN¥14.6B) exceed its long term liabilities (CN¥807.6M).
Debt to Equity History and Analysis
Debt Level: 002920's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 002920's debt to equity ratio has increased from 0.2% to 12.7% over the past 5 years.
Debt Coverage: 002920's debt is well covered by operating cash flow (134.3%).
Interest Coverage: 002920's interest payments on its debt are well covered by EBIT (100.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 13:25 |
| 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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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
Huizhou Desay SV Automotive Co., Ltd. is covered by 35 analysts. 24 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 |
|---|---|
| Yu Jie Lo | BofA Global Research |
| Siti Bte Salikin | CFRA Equity Research |
| Wenzhao Li | Chasing Securities |