WINBO-Dongjian Automotive Technology Balance Sheet Health
Financial Health criteria checks 5/6
WINBO-Dongjian Automotive Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥546.6M, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are CN¥3.0B and CN¥1.3B respectively. WINBO-Dongjian Automotive Technology's EBIT is CN¥164.1M making its interest coverage ratio -198.4. It has cash and short-term investments of CN¥886.1M.
Key information
32.5%
Debt to equity ratio
CN¥546.59m
Debt
| Interest coverage ratio | -198.4x |
| Cash | CN¥886.11m |
| Equity | CN¥1.68b |
| Total liabilities | CN¥1.34b |
| Total assets | CN¥3.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300978's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300978's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥184.7M).
Debt to Equity History and Analysis
Debt Level: 300978 has more cash than its total debt.
Reducing Debt: 300978's debt to equity ratio has increased from 8.2% to 32.5% over the past 5 years.
Debt Coverage: 300978's debt is well covered by operating cash flow (52.7%).
Interest Coverage: 300978 earns more interest than it pays, so coverage of interest payments is not a concern.