Bafang Electric (Suzhou)Ltd Balance Sheet Health
Financial Health criteria checks 4/6
Bafang Electric (Suzhou)Ltd has a total shareholder equity of CN¥2.6B and total debt of CN¥4.6M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥3.2B and CN¥527.4M respectively.
Key information
0.2%
Debt to equity ratio
CN¥4.59m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.39b |
| Equity | CN¥2.64b |
| Total liabilities | CN¥527.43m |
| Total assets | CN¥3.16b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Bafang Electric (Suzhou) Co.,Ltd.'s (SHSE:603489) 28% Share Price Surge
Dec 02
Is Now The Time To Look At Buying Bafang Electric (Suzhou) Co.,Ltd. (SHSE:603489)?
Sep 27Bafang Electric (Suzhou)Ltd (SHSE:603489) Might Be Having Difficulty Using Its Capital Effectively
Aug 21Bafang Electric (Suzhou) Co.,Ltd.'s (SHSE:603489) Intrinsic Value Is Potentially 34% Above Its Share Price
Jun 20We Think That There Are More Issues For Bafang Electric (Suzhou)Ltd (SHSE:603489) Than Just Sluggish Earnings
Apr 26Investors Could Be Concerned With Bafang Electric (Suzhou)Ltd's (SHSE:603489) Returns On Capital
Apr 18The Market Lifts Bafang Electric (Suzhou) Co.,Ltd. (SHSE:603489) Shares 26% But It Can Do More
Mar 06Is Bafang Electric (Suzhou) Co.,Ltd. (SHSE:603489) Potentially Undervalued?
Feb 28Financial Position Analysis
Short Term Liabilities: 603489's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥519.0M).
Long Term Liabilities: 603489's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥8.5M).
Debt to Equity History and Analysis
Debt Level: 603489 has more cash than its total debt.
Reducing Debt: 603489's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 603489's debt is well covered by operating cash flow (669.8%).
Interest Coverage: Insufficient data to determine if 603489's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 19:29 |
| 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 |
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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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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
Bafang Electric (Suzhou) Co.,Ltd. is covered by 6 analysts. 3 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 |
|---|---|
| Jian Ding | China International Capital Corporation Limited |
| Jia Xun You | China Merchants Securities Co. Ltd. |
| Zijun Li | Citic Securities Co., Ltd. |