Changzhou Xiangming Intelligent Drive System Balance Sheet Health
Financial Health criteria checks 6/6
Changzhou Xiangming Intelligent Drive System has a total shareholder equity of CN¥898.7M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.0B and CN¥128.5M respectively. Changzhou Xiangming Intelligent Drive System's EBIT is CN¥7.5M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥339.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.1x |
| Cash | CN¥339.67m |
| Equity | CN¥898.69m |
| Total liabilities | CN¥128.49m |
| Total assets | CN¥1.03b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Changzhou Xiangming Intelligent Drive System Corporation's (SZSE:301226) Massive 31% Price Jump
Nov 06
We Think That There Are More Issues For Changzhou Xiangming Intelligent Drive System (SZSE:301226) Than Just Sluggish Earnings
Nov 04Changzhou Xiangming Intelligent Drive System's (SZSE:301226) Returns On Capital Not Reflecting Well On The Business
Oct 04Changzhou Xiangming Intelligent Drive System's (SZSE:301226) Returns On Capital Not Reflecting Well On The Business
Jun 07Changzhou Xiangming Intelligent Drive System's (SZSE:301226) Conservative Accounting Might Explain Soft Earnings
May 02Financial Position Analysis
Short Term Liabilities: 301226's short term assets (CN¥733.6M) exceed its short term liabilities (CN¥125.2M).
Long Term Liabilities: 301226's short term assets (CN¥733.6M) exceed its long term liabilities (CN¥3.3M).
Debt to Equity History and Analysis
Debt Level: 301226 is debt free.
Reducing Debt: 301226 had no debt 5 years ago.
Debt Coverage: 301226 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301226 has no debt, therefore coverage of interest payments is not a concern.