Xiamen King Long Motor Group Balance Sheet Health
Financial Health criteria checks 4/6
Xiamen King Long Motor Group has a total shareholder equity of CN¥4.2B and total debt of CN¥5.7B, which brings its debt-to-equity ratio to 136.1%. Its total assets and total liabilities are CN¥27.8B and CN¥23.6B respectively.
Key information
136.1%
Debt to equity ratio
CN¥5.69b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.32b |
| Equity | CN¥4.18b |
| Total liabilities | CN¥23.63b |
| Total assets | CN¥27.81b |
Recent financial health updates
Recent updates
Xiamen King Long Motor Group Co., Ltd.'s (SHSE:600686) Share Price Is Matching Sentiment Around Its Revenues
Dec 10
Xiamen King Long Motor Group's (SHSE:600686) Earnings Seem To Be Promising
Nov 05The Market Doesn't Like What It Sees From Xiamen King Long Motor Group Co., Ltd.'s (SHSE:600686) Revenues Yet As Shares Tumble 26%
Sep 02Xiamen King Long Motor Group Co., Ltd. (SHSE:600686) Held Back By Insufficient Growth Even After Shares Climb 34%
Jul 16Is Xiamen King Long Motor Group (SHSE:600686) Using Too Much Debt?
May 30The Strong Earnings Posted By Xiamen King Long Motor Group (SHSE:600686) Are A Good Indication Of The Strength Of The Business
May 03Xiamen King Long Motor Group Co., Ltd. (SHSE:600686) Shares Fly 27% But Investors Aren't Buying For Growth
Mar 07Financial Position Analysis
Short Term Liabilities: 600686's short term assets (CN¥20.0B) exceed its short term liabilities (CN¥17.8B).
Long Term Liabilities: 600686's short term assets (CN¥20.0B) exceed its long term liabilities (CN¥5.9B).
Debt to Equity History and Analysis
Debt Level: 600686 has more cash than its total debt.
Reducing Debt: 600686's debt to equity ratio has increased from 72.7% to 136.1% over the past 5 years.
Debt Coverage: 600686's debt is well covered by operating cash flow (28.4%).
Interest Coverage: Insufficient data to determine if 600686's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:34 |
| End of Day Share Price | 2024/12/23 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Xiamen King Long Motor Group Co., Ltd. is covered by 11 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 |
|---|---|
| Ning Li | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Haizhi Xing | Cinda Securities Co., Ltd |
| Chunbo LI | Citic Securities Co., Ltd. |