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 ratio | n/a |
| Cash | CN¥794.78m |
| Equity | CN¥1.01b |
| Total liabilities | CN¥2.67b |
| Total assets | CN¥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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 07:44 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Anhui Ankai Automobile Co., Ltd is covered by 4 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 |
|---|---|
| He Cao | China Minzu Securities |
| Chao Xu | Great Wall Securities Co., Ltd. |
| Bing Yu | Ping An Securities Co. Ltd. |