Sinomach Auto mobileLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sinomach Auto mobileLtd has a total shareholder equity of CN¥11.0B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are CN¥32.0B and CN¥21.0B respectively. Sinomach Auto mobileLtd's EBIT is CN¥74.7M making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥3.2B.
Key information
24.0%
Debt to equity ratio
CN¥2.64b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CN¥3.17b |
| Equity | CN¥11.00b |
| Total liabilities | CN¥20.99b |
| Total assets | CN¥31.98b |
Recent financial health updates
Recent updates
Sinomach Auto mobileLtd (SHSE:600335) Will Be Hoping To Turn Its Returns On Capital Around
Jun 26
Is Sinomach Auto mobileLtd (SHSE:600335) Using Too Much Debt?
May 29There May Be Some Bright Spots In Sinomach Auto mobileLtd's (SHSE:600335) Earnings
May 02Returns On Capital Signal Tricky Times Ahead For Sinomach Auto mobileLtd (SHSE:600335)
Feb 29Financial Position Analysis
Short Term Liabilities: 600335's short term assets (CN¥26.2B) exceed its short term liabilities (CN¥19.9B).
Long Term Liabilities: 600335's short term assets (CN¥26.2B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 600335 has more cash than its total debt.
Reducing Debt: 600335's debt to equity ratio has reduced from 86.7% to 24% over the past 5 years.
Debt Coverage: 600335's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600335's interest payments on its debt are not well covered by EBIT (2.6x coverage).