Wuxi Autowell TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Autowell TechnologyLtd has a total shareholder equity of CN¥4.6B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are CN¥14.6B and CN¥10.0B respectively. Wuxi Autowell TechnologyLtd's EBIT is CN¥2.1B making its interest coverage ratio 82.1. It has cash and short-term investments of CN¥2.4B.
Key information
47.8%
Debt to equity ratio
CN¥2.22b
Debt
| Interest coverage ratio | 82.1x |
| Cash | CN¥2.42b |
| Equity | CN¥4.63b |
| Total liabilities | CN¥10.00b |
| Total assets | CN¥14.63b |
Recent financial health updates
Wuxi Autowell TechnologyLtd (SHSE:688516) Seems To Use Debt Quite Sensibly
Sep 16
Wuxi Autowell TechnologyLtd (SHSE:688516) Has A Pretty Healthy Balance Sheet
Jun 10Recent updates
Wuxi Autowell TechnologyLtd's (SHSE:688516) Profits May Not Reveal Underlying Issues
Nov 04Wuxi Autowell Technology Co.,Ltd. (SHSE:688516) Stock Catapults 43% Though Its Price And Business Still Lag The Market
Oct 01Wuxi Autowell TechnologyLtd (SHSE:688516) Seems To Use Debt Quite Sensibly
Sep 16Why The 30% Return On Capital At Wuxi Autowell TechnologyLtd (SHSE:688516) Should Have Your Attention
Aug 08Not Many Are Piling Into Wuxi Autowell Technology Co.,Ltd. (SHSE:688516) Stock Yet As It Plummets 26%
Jun 20Wuxi Autowell TechnologyLtd (SHSE:688516) Has A Pretty Healthy Balance Sheet
Jun 10Here's Why We Think Wuxi Autowell TechnologyLtd (SHSE:688516) Is Well Worth Watching
May 09Analysts Are Betting On Wuxi Autowell Technology Co.,Ltd. (SHSE:688516) With A Big Upgrade This Week
Apr 08Wuxi 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¥12.3B) exceed its short term liabilities (CN¥8.5B).
Long Term Liabilities: 688516's short term assets (CN¥12.3B) exceed its long term liabilities (CN¥1.5B).
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 56.6% to 47.8% over the past 5 years.
Debt Coverage: 688516's debt is well covered by operating cash flow (31.5%).
Interest Coverage: 688516's interest payments on its debt are well covered by EBIT (82.1x coverage).