Guangzhou Jinzhong Auto Parts Manufacturing Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Jinzhong Auto Parts Manufacturing has a total shareholder equity of CN¥1.1B and total debt of CN¥468.5M, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are CN¥2.0B and CN¥855.2M respectively. Guangzhou Jinzhong Auto Parts Manufacturing's EBIT is CN¥113.3M making its interest coverage ratio 92.3. It has cash and short-term investments of CN¥313.4M.
Key information
42.7%
Debt to equity ratio
CN¥468.55m
Debt
| Interest coverage ratio | 92.3x |
| Cash | CN¥313.43m |
| Equity | CN¥1.10b |
| Total liabilities | CN¥855.18m |
| Total assets | CN¥1.95b |
Recent financial health updates
No updates
Recent updates
Guangzhou Jinzhong Auto Parts Manufacturing's (SZSE:301133) Solid Profits Have Weak Fundamentals
Nov 06
Returns On Capital At Guangzhou Jinzhong Auto Parts Manufacturing (SZSE:301133) Paint A Concerning Picture
Sep 28Guangzhou Jinzhong Auto Parts Manufacturing's (SZSE:301133) Earnings Are Of Questionable Quality
May 03Guangzhou Jinzhong Auto Parts Manufacturing (SZSE:301133) Might Be Having Difficulty Using Its Capital Effectively
Feb 29Financial Position Analysis
Short Term Liabilities: 301133's short term assets (CN¥996.9M) exceed its short term liabilities (CN¥440.1M).
Long Term Liabilities: 301133's short term assets (CN¥996.9M) exceed its long term liabilities (CN¥415.0M).
Debt to Equity History and Analysis
Debt Level: 301133's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: 301133's debt to equity ratio has increased from 0% to 42.7% over the past 5 years.
Debt Coverage: 301133's debt is well covered by operating cash flow (26.8%).
Interest Coverage: 301133's interest payments on its debt are well covered by EBIT (92.3x coverage).