Anhui Ankai Automobile Co., Ltd

XSEC:000868 Stock Report

Market Cap: CN¥5.2b

Anhui Ankai Automobile Balance Sheet Health

Financial Health criteria checks 3/6

Anhui Ankai Automobile has a total shareholder equity of CN¥1.0B and total debt of CN¥212.1M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are CN¥3.7B and CN¥2.7B respectively.

Key information

21.1%

Debt to equity ratio

CN¥212.11m

Debt

Interest coverage ration/a
CashCN¥794.78m
EquityCN¥1.01b
Total liabilitiesCN¥2.67b
Total assetsCN¥3.68b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 000868's short term assets (CN¥2.4B) do not cover its short term liabilities (CN¥2.6B).

Long Term Liabilities: 000868's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥123.2M).


Debt to Equity History and Analysis

Debt Level: 000868 has more cash than its total debt.

Reducing Debt: 000868's debt to equity ratio has reduced from 191.1% to 21.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 000868 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 000868 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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