Contemporary Amperex Technology Balance Sheet Health
Financial Health criteria checks 5/6
Contemporary Amperex Technology has a total shareholder equity of CN¥230.5B and total debt of CN¥132.5B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are CN¥731.3B and CN¥500.8B respectively. Contemporary Amperex Technology's EBIT is CN¥47.9B making its interest coverage ratio -6.1. It has cash and short-term investments of CN¥288.7B.
Key information
57.5%
Debt to equity ratio
CN¥132.48b
Debt
| Interest coverage ratio | -6.1x |
| Cash | CN¥288.74b |
| Equity | CN¥230.47b |
| Total liabilities | CN¥500.82b |
| Total assets | CN¥731.29b |
Recent financial health updates
Recent updates
Contemporary Amperex Technology (SZSE:300750) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 22
Contemporary Amperex Technology Co., Limited (SZSE:300750) Shares Could Be 50% Below Their Intrinsic Value Estimate
Apr 15Is Now The Time To Look At Buying Contemporary Amperex Technology Co., Limited (SZSE:300750)?
Apr 01Contemporary Amperex Technology Co., Limited (SZSE:300750) Analysts Just Trimmed Their Revenue Forecasts By 16%
Mar 17Contemporary Amperex Technology (SZSE:300750) Seems To Use Debt Quite Sensibly
Feb 29Financial Position Analysis
Short Term Liabilities: 300750's short term assets (CN¥460.0B) exceed its short term liabilities (CN¥279.0B).
Long Term Liabilities: 300750's short term assets (CN¥460.0B) exceed its long term liabilities (CN¥221.9B).
Debt to Equity History and Analysis
Debt Level: 300750 has more cash than its total debt.
Reducing Debt: 300750's debt to equity ratio has increased from 18.2% to 57.5% over the past 5 years.
Debt Coverage: 300750's debt is well covered by operating cash flow (75.6%).
Interest Coverage: 300750 earns more interest than it pays, so coverage of interest payments is not a concern.