Sinomach AutomobileLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sinomach AutomobileLtd has a total shareholder equity of CN¥11.1B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are CN¥30.6B and CN¥19.5B respectively. Sinomach AutomobileLtd's EBIT is CN¥136.1M making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥3.2B.
Key information
15.5%
Debt to equity ratio
CN¥1.73b
Debt
| Interest coverage ratio | 3.7x |
| Cash | CN¥3.15b |
| Equity | CN¥11.12b |
| Total liabilities | CN¥19.47b |
| Total assets | CN¥30.58b |
Recent financial health updates
Recent updates
Some Confidence Is Lacking In Sinomach Automobile Co.,Ltd.'s (SHSE:600335) P/S
Aug 20
Sinomach Auto mobileLtd (SHSE:600335) Will Be Hoping To Turn Its Returns On Capital Around
Jun 26Is 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¥24.9B) exceed its short term liabilities (CN¥18.4B).
Long Term Liabilities: 600335's short term assets (CN¥24.9B) exceed its long term liabilities (CN¥1.0B).
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 70.7% to 15.5% over the past 5 years.
Debt Coverage: 600335's debt is well covered by operating cash flow (80%).
Interest Coverage: 600335's interest payments on its debt are well covered by EBIT (3.7x coverage).