Changshu Tongrun Auto Accessory Balance Sheet Health
Financial Health criteria checks 6/6
Changshu Tongrun Auto Accessory has a total shareholder equity of CN¥1.6B and total debt of CN¥208.6M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥2.9B and CN¥1.3B respectively. Changshu Tongrun Auto Accessory's EBIT is CN¥304.3M making its interest coverage ratio 61.1. It has cash and short-term investments of CN¥773.4M.
Key information
13.0%
Debt to equity ratio
CN¥208.64m
Debt
| Interest coverage ratio | 61.1x |
| Cash | CN¥773.36m |
| Equity | CN¥1.60b |
| Total liabilities | CN¥1.29b |
| Total assets | CN¥2.89b |
Recent financial health updates
No updates
Recent updates
There's No Escaping Changshu Tongrun Auto Accessory Co., Ltd.'s (SHSE:603201) Muted Earnings Despite A 34% Share Price Rise
Nov 05
Is Now The Time To Put Changshu Tongrun Auto Accessory (SHSE:603201) On Your Watchlist?
Oct 28Changshu Tongrun Auto Accessory's (SHSE:603201) Returns On Capital Not Reflecting Well On The Business
Sep 27Changshu Tongrun Auto Accessory Co., Ltd. (SHSE:603201) Looks Inexpensive But Perhaps Not Attractive Enough
May 13Financial Position Analysis
Short Term Liabilities: 603201's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603201's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥59.2M).
Debt to Equity History and Analysis
Debt Level: 603201 has more cash than its total debt.
Reducing Debt: 603201's debt to equity ratio has reduced from 127.1% to 13% over the past 5 years.
Debt Coverage: 603201's debt is well covered by operating cash flow (139.4%).
Interest Coverage: 603201's interest payments on its debt are well covered by EBIT (61.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 20:13 |
| 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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Industry and Sector Metrics
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Analyst Sources
Changshu Tongrun Auto Accessory Co., Ltd. is covered by 2 analysts. 2 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 |
|---|---|
| Gen He | Everbright Securities Co. Ltd. |
| Xiaoya Sun | Tianfeng Securities Brokerage Co., Ltd |