Shinelong Automotive Lightweight Application Balance Sheet Health
Financial Health criteria checks 5/6
Shinelong Automotive Lightweight Application has a total shareholder equity of CN¥348.1M and total debt of CN¥20.4M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥644.6M and CN¥296.5M respectively. Shinelong Automotive Lightweight Application's EBIT is CN¥8.9M making its interest coverage ratio -22.7. It has cash and short-term investments of CN¥34.3M.
Key information
5.8%
Debt to equity ratio
CN¥20.36m
Debt
| Interest coverage ratio | -22.7x |
| Cash | CN¥34.30m |
| Equity | CN¥348.11m |
| Total liabilities | CN¥296.50m |
| Total assets | CN¥644.61m |
Recent financial health updates
Does Shinelong Automotive Lightweight Application (HKG:1930) Have A Healthy Balance Sheet?
May 21
Is Shinelong Automotive Lightweight Application (HKG:1930) Using Too Much Debt?
Dec 16Recent updates
Does Shinelong Automotive Lightweight Application (HKG:1930) Have A Healthy Balance Sheet?
May 21Shinelong Automotive Lightweight Application Limited's (HKG:1930) 25% Dip In Price Shows Sentiment Is Matching Earnings
Apr 15Some Investors May Be Worried About Shinelong Automotive Lightweight Application's (HKG:1930) Returns On Capital
Feb 20Is Shinelong Automotive Lightweight Application (HKG:1930) Using Too Much Debt?
Dec 16Capital Allocation Trends At Shinelong Automotive Lightweight Application (HKG:1930) Aren't Ideal
Nov 10Capital Allocation Trends At Shinelong Automotive Lightweight Application (HKG:1930) Aren't Ideal
Jun 13Shinelong Automotive Lightweight Application (HKG:1930) Might Be Having Difficulty Using Its Capital Effectively
Feb 02The Returns On Capital At Shinelong Automotive Lightweight Application (HKG:1930) Don't Inspire Confidence
Sep 23Shinelong Automotive Lightweight Application's (HKG:1930) Returns On Capital Not Reflecting Well On The Business
Jun 22Here's What's Concerning About Shinelong Automotive Lightweight Application's (HKG:1930) Returns On Capital
Mar 24Shinelong Automotive Lightweight Application (HKG:1930) Will Want To Turn Around Its Return Trends
Oct 04Shinelong Automotive Lightweight Application's (HKG:1930) Returns On Capital Not Reflecting Well On The Business
Jun 05Shinelong Automotive Lightweight Application's (HKG:1930) Earnings Are Growing But Is There More To The Story?
Feb 14
Is Now The Time To Put Shinelong Automotive Lightweight Application (HKG:1930) On Your Watchlist?
Jan 19Are Robust Financials Driving The Recent Rally In Shinelong Automotive Lightweight Application Limited's (HKG:1930) Stock?
Dec 27Has Shinelong Automotive Lightweight Application (HKG:1930) Got What It Takes To Become A Multi-Bagger?
Dec 06Financial Position Analysis
Short Term Liabilities: 1930's short term assets (CN¥439.0M) exceed its short term liabilities (CN¥278.6M).
Long Term Liabilities: 1930's short term assets (CN¥439.0M) exceed its long term liabilities (CN¥17.9M).
Debt to Equity History and Analysis
Debt Level: 1930 has more cash than its total debt.
Reducing Debt: 1930's debt to equity ratio has increased from 0% to 5.8% over the past 5 years.
Debt Coverage: 1930's debt is well covered by operating cash flow (180.2%).
Interest Coverage: 1930 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 | 2024/12/28 22:15 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| 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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Industry and Sector Metrics
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Analyst Sources
Shinelong Automotive Lightweight Application Limited is covered by 0 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 |
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