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
Financial 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.