Wuxi Autowell TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Autowell TechnologyLtd has a total shareholder equity of CN¥4.1B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are CN¥15.6B and CN¥11.4B respectively. Wuxi Autowell TechnologyLtd's EBIT is CN¥1.6B making its interest coverage ratio 102.1. It has cash and short-term investments of CN¥2.4B.
Key information
47.4%
Debt to equity ratio
CN¥1.96b
Debt
| Interest coverage ratio | 102.1x |
| Cash | CN¥2.43b |
| Equity | CN¥4.13b |
| Total liabilities | CN¥11.44b |
| Total assets | CN¥15.56b |
Recent financial health updates
No updates
Recent updates
Analysts Are Betting On Wuxi Autowell Technology Co.,Ltd. (SHSE:688516) With A Big Upgrade This Week
Apr 08
Wuxi Autowell TechnologyLtd's (SHSE:688516) Solid Earnings May Rest On Weak Foundations
Apr 01Returns on Capital Paint A Bright Future For Wuxi Autowell TechnologyLtd (SHSE:688516)
Mar 19Investors Still Aren't Entirely Convinced By Wuxi Autowell Technology Co.,Ltd.'s (SHSE:688516) Earnings Despite 27% Price Jump
Mar 01Financial Position Analysis
Short Term Liabilities: 688516's short term assets (CN¥13.5B) exceed its short term liabilities (CN¥10.0B).
Long Term Liabilities: 688516's short term assets (CN¥13.5B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 688516 has more cash than its total debt.
Reducing Debt: 688516's debt to equity ratio has reduced from 51.2% to 47.4% over the past 5 years.
Debt Coverage: 688516's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 688516's interest payments on its debt are well covered by EBIT (102.1x coverage).