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.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 19:35 |
| End of Day Share Price | 2024/12/26 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
Changzhou Xiangming Intelligent Drive System Corporation 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 |
|---|---|
| Sheng Feng | Zhongtai Securities Co. Ltd. |