Nanjing Chervon Auto Precision Technology Balance Sheet Health
Financial Health criteria checks 3/6
Nanjing Chervon Auto Precision Technology has a total shareholder equity of CN¥1.9B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 189.4%. Its total assets and total liabilities are CN¥6.7B and CN¥4.8B respectively.
Key information
189.4%
Debt to equity ratio
CN¥3.66b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥525.98m |
| Equity | CN¥1.93b |
| Total liabilities | CN¥4.76b |
| Total assets | CN¥6.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603982's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 603982's short term assets (CN¥2.4B) do not cover its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 603982's net debt to equity ratio (162.2%) is considered high.
Reducing Debt: 603982's debt to equity ratio has increased from 23.2% to 189.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 603982 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 603982 is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 08:57 |
| End of Day Share Price | 2024/12/25 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
Nanjing Chervon Auto Precision 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 |
|---|---|
| Xuxia Tang | Guosen Securities Co., Ltd. |