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¥416.7M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CN¥2.9B and CN¥1.1B respectively. WINBO-Dongjian Automotive Technology's EBIT is CN¥189.1M making its interest coverage ratio -31.4. It has cash and short-term investments of CN¥744.8M.
Key information
24.2%
Debt to equity ratio
CN¥416.69m
Debt
| Interest coverage ratio | -31.4x |
| Cash | CN¥744.75m |
| Equity | CN¥1.72b |
| Total liabilities | CN¥1.13b |
| Total assets | CN¥2.85b |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push WINBO-Dongjian Automotive Technology Co., Ltd. (SZSE:300978) Shares Up 39% But Growth Is Lacking
Oct 09
WINBO-Dongjian Automotive Technology (SZSE:300978) Will Want To Turn Around Its Return Trends
Oct 01WINBO-Dongjian Automotive Technology Co., Ltd.'s (SZSE:300978) 30% Share Price Surge Not Quite Adding Up
Jul 12The Returns On Capital At WINBO-Dongjian Automotive Technology (SZSE:300978) Don't Inspire Confidence
Jun 26WINBO-Dongjian Automotive Technology's (SZSE:300978) Shareholders Will Receive A Bigger Dividend Than Last Year
May 31WINBO-Dongjian Automotive Technology's (SZSE:300978) Performance Is Even Better Than Its Earnings Suggest
Apr 30Financial Position Analysis
Short Term Liabilities: 300978's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥947.9M).
Long Term Liabilities: 300978's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥186.5M).
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 7.3% to 24.2% over the past 5 years.
Debt Coverage: 300978's debt is well covered by operating cash flow (60.6%).
Interest Coverage: 300978 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 | 2024/12/26 08:48 |
| End of Day Share Price | 2024/12/26 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 |
| |
| 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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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
WINBO-Dongjian Automotive Technology Co., Ltd. is covered by 1 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 |
|---|---|
| Jiang Shao | Minsheng Securities Co. |