CATARC Automotive Proving GroundLtd Balance Sheet Health
Financial Health criteria checks 6/6
CATARC Automotive Proving GroundLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.4B and CN¥566.7M respectively. CATARC Automotive Proving GroundLtd's EBIT is CN¥147.0M making its interest coverage ratio -9.6. It has cash and short-term investments of CN¥564.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.6x |
| Cash | CN¥564.20m |
| Equity | CN¥2.83b |
| Total liabilities | CN¥566.70m |
| Total assets | CN¥3.40b |
Recent financial health updates
No updates
Recent updates
Is It Time To Consider Buying CATARC Automotive Proving Ground Co.,Ltd. (SZSE:301215)?
Dec 18
CATARC Automotive Proving GroundLtd's (SZSE:301215) Anemic Earnings Might Be Worse Than You Think
Oct 21CATARC Automotive Proving Ground Co.,Ltd.'s (SZSE:301215) Earnings Haven't Escaped The Attention Of Investors
Sep 27Capital Allocation Trends At CATARC Automotive Proving GroundLtd (SZSE:301215) Aren't Ideal
Aug 22Is Now An Opportune Moment To Examine CATARC Automotive Proving Ground Co.,Ltd. (SZSE:301215)?
Jun 04Some Investors May Be Worried About CATARC Automotive Proving GroundLtd's (SZSE:301215) Returns On Capital
Feb 27Financial Position Analysis
Short Term Liabilities: 301215's short term assets (CN¥848.8M) exceed its short term liabilities (CN¥283.5M).
Long Term Liabilities: 301215's short term assets (CN¥848.8M) exceed its long term liabilities (CN¥283.2M).
Debt to Equity History and Analysis
Debt Level: 301215 is debt free.
Reducing Debt: 301215 has no debt compared to 5 years ago when its debt to equity ratio was 1.7%.
Debt Coverage: 301215 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301215 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 11:57 |
| End of Day Share Price | 2024/12/20 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 |
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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
CATARC Automotive Proving Ground Co.,Ltd. is covered by 2 analysts. 2 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 |
|---|---|
| Jinman Shi | China Galaxy Securities Co., Ltd. |
| Xiaobin Dong | Industrial Securities Co. Ltd. |