Kinco Automation (Shanghai)Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Kinco Automation (Shanghai)Ltd has a total shareholder equity of CN¥763.3M and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are CN¥1.0B and CN¥265.0M respectively. Kinco Automation (Shanghai)Ltd's EBIT is CN¥37.8M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥348.7M.
Key information
13.1%
Debt to equity ratio
CN¥100.00m
Debt
| Interest coverage ratio | -3.8x |
| Cash | CN¥348.66m |
| Equity | CN¥763.29m |
| Total liabilities | CN¥264.98m |
| Total assets | CN¥1.03b |
Recent financial health updates
Recent updates
The Returns On Capital At Kinco Automation (Shanghai)Ltd (SHSE:688160) Don't Inspire Confidence
Dec 24
Kinco Automation (Shanghai) Co.,Ltd's (SHSE:688160) 30% Share Price Surge Not Quite Adding Up
Dec 02We Think Kinco Automation (Shanghai)Ltd (SHSE:688160) Can Stay On Top Of Its Debt
Nov 27Kinco Automation (Shanghai)Ltd's (SHSE:688160) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 05What Kinco Automation (Shanghai) Co.,Ltd's (SHSE:688160) 27% Share Price Gain Is Not Telling You
Oct 01Here's What's Concerning About Kinco Automation (Shanghai)Ltd's (SHSE:688160) Returns On Capital
Aug 27Kinco Automation (Shanghai) Co.,Ltd's (SHSE:688160) Business Is Yet to Catch Up With Its Share Price
Jul 31Risks Still Elevated At These Prices As Kinco Automation (Shanghai) Co.,Ltd (SHSE:688160) Shares Dive 28%
Apr 15What Kinco Automation (Shanghai) Co.,Ltd's (SHSE:688160) 25% Share Price Gain Is Not Telling You
Feb 29Financial Position Analysis
Short Term Liabilities: 688160's short term assets (CN¥736.5M) exceed its short term liabilities (CN¥247.0M).
Long Term Liabilities: 688160's short term assets (CN¥736.5M) exceed its long term liabilities (CN¥18.0M).
Debt to Equity History and Analysis
Debt Level: 688160 has more cash than its total debt.
Reducing Debt: 688160's debt to equity ratio has increased from 0% to 13.1% over the past 5 years.
Debt Coverage: 688160's debt is well covered by operating cash flow (96.1%).
Interest Coverage: 688160 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:52 |
| End of Day Share Price | 2024/12/24 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
Kinco Automation (Shanghai) Co.,Ltd is covered by 1 analysts. 0 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 |
|---|---|
| Qing Fang | Haitong International Research Limited |