Nexteer Automotive Group Limited

SEHK:1316 Stock Report

Market Cap: HK$8.2b

Nexteer Automotive Group Balance Sheet Health

Financial Health criteria checks 6/6

Nexteer Automotive Group has a total shareholder equity of $2.0B and total debt of $47.9M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are $3.4B and $1.4B respectively. Nexteer Automotive Group's EBIT is $64.8M making its interest coverage ratio -14.8. It has cash and short-term investments of $279.8M.

Key information

2.4%

Debt to equity ratio

US$47.90m

Debt

Interest coverage ratio-14.8x
CashUS$279.84m
EquityUS$1.99b
Total liabilitiesUS$1.36b
Total assetsUS$3.36b

Recent financial health updates

Recent updates

Here's Why Nexteer Automotive Group (HKG:1316) Can Manage Its Debt Responsibly

Dec 06
Here's Why Nexteer Automotive Group (HKG:1316) Can Manage Its Debt Responsibly

What Is Nexteer Automotive Group Limited's (HKG:1316) Share Price Doing?

Nov 20
What Is Nexteer Automotive Group Limited's (HKG:1316) Share Price Doing?

A Look At The Intrinsic Value Of Nexteer Automotive Group Limited (HKG:1316)

Nov 04
A Look At The Intrinsic Value Of Nexteer Automotive Group Limited (HKG:1316)

Nexteer Automotive Group Limited's (HKG:1316) 30% Share Price Surge Not Quite Adding Up

Oct 02
Nexteer Automotive Group Limited's (HKG:1316) 30% Share Price Surge Not Quite Adding Up

Nexteer Automotive Group (HKG:1316) Is Finding It Tricky To Allocate Its Capital

Sep 19
Nexteer Automotive Group (HKG:1316) Is Finding It Tricky To Allocate Its Capital

More Unpleasant Surprises Could Be In Store For Nexteer Automotive Group Limited's (HKG:1316) Shares After Tumbling 33%

Aug 15
More Unpleasant Surprises Could Be In Store For Nexteer Automotive Group Limited's (HKG:1316) Shares After Tumbling 33%

When Should You Buy Nexteer Automotive Group Limited (HKG:1316)?

Jul 31
When Should You Buy Nexteer Automotive Group Limited (HKG:1316)?

Calculating The Fair Value Of Nexteer Automotive Group Limited (HKG:1316)

Jun 21
Calculating The Fair Value Of Nexteer Automotive Group Limited (HKG:1316)

Nexteer Automotive Group (HKG:1316) Is Finding It Tricky To Allocate Its Capital

Jun 06
Nexteer Automotive Group (HKG:1316) Is Finding It Tricky To Allocate Its Capital

Nexteer Automotive Group Limited (HKG:1316) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

May 21
Nexteer Automotive Group Limited (HKG:1316) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

Does Nexteer Automotive Group (HKG:1316) Have A Healthy Balance Sheet?

Apr 16
Does Nexteer Automotive Group (HKG:1316) Have A Healthy Balance Sheet?

Should You Investigate Nexteer Automotive Group Limited (HKG:1316) At HK$3.24?

Mar 26
Should You Investigate Nexteer Automotive Group Limited (HKG:1316) At HK$3.24?

Take Care Before Jumping Onto Nexteer Automotive Group Limited (HKG:1316) Even Though It's 28% Cheaper

Feb 05
Take Care Before Jumping Onto Nexteer Automotive Group Limited (HKG:1316) Even Though It's 28% Cheaper

Does Nexteer Automotive Group (HKG:1316) Have A Healthy Balance Sheet?

Dec 30
Does Nexteer Automotive Group (HKG:1316) Have A Healthy Balance Sheet?

Is It Too Late To Consider Buying Nexteer Automotive Group Limited (HKG:1316)?

Dec 11
Is It Too Late To Consider Buying Nexteer Automotive Group Limited (HKG:1316)?

Nexteer Automotive Group (HKG:1316) Is Finding It Tricky To Allocate Its Capital

Nov 06
Nexteer Automotive Group (HKG:1316) Is Finding It Tricky To Allocate Its Capital

Does Nexteer Automotive Group (HKG:1316) Have A Healthy Balance Sheet?

Sep 26
Does Nexteer Automotive Group (HKG:1316) Have A Healthy Balance Sheet?

At HK$5.22, Is It Time To Put Nexteer Automotive Group Limited (HKG:1316) On Your Watch List?

Sep 04
At HK$5.22, Is It Time To Put Nexteer Automotive Group Limited (HKG:1316) On Your Watch List?

Nexteer Automotive Group (HKG:1316) May Have Issues Allocating Its Capital

Jul 10
Nexteer Automotive Group (HKG:1316) May Have Issues Allocating Its Capital

What Does Nexteer Automotive Group Limited's (HKG:1316) Share Price Indicate?

May 31
What Does Nexteer Automotive Group Limited's (HKG:1316) Share Price Indicate?

Is Nexteer Automotive Group (HKG:1316) A Risky Investment?

May 13
Is Nexteer Automotive Group (HKG:1316) A Risky Investment?

Is There Now An Opportunity In Nexteer Automotive Group Limited (HKG:1316)?

Feb 28
Is There Now An Opportunity In Nexteer Automotive Group Limited (HKG:1316)?

These Return Metrics Don't Make Nexteer Automotive Group (HKG:1316) Look Too Strong

Dec 23
These Return Metrics Don't Make Nexteer Automotive Group (HKG:1316) Look Too Strong

Is Nexteer Automotive Group (HKG:1316) Using Too Much Debt?

Oct 12
Is Nexteer Automotive Group (HKG:1316) Using Too Much Debt?

Why Nexteer Automotive Group Limited (HKG:1316) Could Be Worth Watching

Sep 16
Why Nexteer Automotive Group Limited (HKG:1316) Could Be Worth Watching

Nexteer Automotive Group (HKG:1316) Will Want To Turn Around Its Return Trends

Aug 05
Nexteer Automotive Group (HKG:1316) Will Want To Turn Around Its Return Trends

These 4 Measures Indicate That Nexteer Automotive Group (HKG:1316) Is Using Debt Reasonably Well

Jun 23
These 4 Measures Indicate That Nexteer Automotive Group (HKG:1316) Is Using Debt Reasonably Well

At HK$5.26, Is Nexteer Automotive Group Limited (HKG:1316) Worth Looking At Closely?

Jun 06
At HK$5.26, Is Nexteer Automotive Group Limited (HKG:1316) Worth Looking At Closely?

Nexteer Automotive Group's (HKG:1316) Returns On Capital Not Reflecting Well On The Business

Apr 28
Nexteer Automotive Group's (HKG:1316) Returns On Capital Not Reflecting Well On The Business

These 4 Measures Indicate That Nexteer Automotive Group (HKG:1316) Is Using Debt Reasonably Well

Mar 18
These 4 Measures Indicate That Nexteer Automotive Group (HKG:1316) Is Using Debt Reasonably Well

Is Now The Time To Look At Buying Nexteer Automotive Group Limited (HKG:1316)?

Feb 25
Is Now The Time To Look At Buying Nexteer Automotive Group Limited (HKG:1316)?

Some Investors May Be Worried About Nexteer Automotive Group's (HKG:1316) Returns On Capital

Jan 17
Some Investors May Be Worried About Nexteer Automotive Group's (HKG:1316) Returns On Capital

Nexteer Automotive Group Limited (HKG:1316) Shares Could Be 46% Below Their Intrinsic Value Estimate

Dec 07
Nexteer Automotive Group Limited (HKG:1316) Shares Could Be 46% Below Their Intrinsic Value Estimate

Is Now The Time To Look At Buying Nexteer Automotive Group Limited (HKG:1316)?

Nov 21
Is Now The Time To Look At Buying Nexteer Automotive Group Limited (HKG:1316)?

Nexteer Automotive Group's (HKG:1316) Returns On Capital Not Reflecting Well On The Business

Oct 16
Nexteer Automotive Group's (HKG:1316) Returns On Capital Not Reflecting Well On The Business

Financial Position Analysis

Short Term Liabilities: 1316's short term assets ($1.5B) exceed its short term liabilities ($1.1B).

Long Term Liabilities: 1316's short term assets ($1.5B) exceed its long term liabilities ($258.1M).


Debt to Equity History and Analysis

Debt Level: 1316 has more cash than its total debt.

Reducing Debt: 1316's debt to equity ratio has reduced from 19.2% to 2.4% over the past 5 years.

Debt Coverage: 1316's debt is well covered by operating cash flow (679.2%).

Interest Coverage: 1316 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

DataLast Updated (UTC time)
Company Analysis2024/12/23 11:26
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Nexteer Automotive Group Limited is covered by 29 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yu Jie LoBofA Global Research
Min ZouChina Galaxy International Securities (Hong Kong)
Xue DengChina International Capital Corporation Limited