Grand Baoxin Auto Group Balance Sheet Health
Financial Health criteria checks 3/6
Grand Baoxin Auto Group has a total shareholder equity of CN¥7.6B and total debt of CN¥7.3B, which brings its debt-to-equity ratio to 95%. Its total assets and total liabilities are CN¥21.1B and CN¥13.5B respectively. Grand Baoxin Auto Group's EBIT is CN¥408.6M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥352.7M.
Key information
95.0%
Debt to equity ratio
CN¥7.26b
Debt
| Interest coverage ratio | 0.8x |
| Cash | CN¥352.67m |
| Equity | CN¥7.65b |
| Total liabilities | CN¥13.46b |
| Total assets | CN¥21.10b |
Recent financial health updates
Is Grand Baoxin Auto Group (HKG:1293) Using Too Much Debt?
Jun 30
Here's Why Grand Baoxin Auto Group (HKG:1293) Has A Meaningful Debt Burden
Dec 21Does Grand Baoxin Auto Group (HKG:1293) Have A Healthy Balance Sheet?
Sep 05Is Grand Baoxin Auto Group (HKG:1293) A Risky Investment?
Apr 28We Think Grand Baoxin Auto Group (HKG:1293) Is Taking Some Risk With Its Debt
Oct 15Here's Why Grand Baoxin Auto Group (HKG:1293) Is Weighed Down By Its Debt Load
Jun 28Recent updates
Grand Baoxin Auto Group (HKG:1293) May Have Issues Allocating Its Capital
Aug 16Grand Baoxin Auto Group (HKG:1293) Is Posting Promising Earnings But The Good News Doesn’t Stop There
May 03Should You Think About Buying Grand Baoxin Auto Group Limited (HKG:1293) Now?
Apr 02Is Grand Baoxin Auto Group (HKG:1293) Using Too Much Debt?
Jun 30Investors Met With Slowing Returns on Capital At Grand Baoxin Auto Group (HKG:1293)
Jan 12Here's Why Grand Baoxin Auto Group (HKG:1293) Has A Meaningful Debt Burden
Dec 21Does Grand Baoxin Auto Group (HKG:1293) Have A Healthy Balance Sheet?
Sep 05Returns Are Gaining Momentum At Grand Baoxin Auto Group (HKG:1293)
Aug 08Is Grand Baoxin Auto Group (HKG:1293) A Risky Investment?
Apr 28The Return Trends At Grand Baoxin Auto Group (HKG:1293) Look Promising
Apr 06What Does Grand Baoxin Auto Group Limited's (HKG:1293) Share Price Indicate?
Jan 21We Think Grand Baoxin Auto Group (HKG:1293) Is Taking Some Risk With Its Debt
Oct 15Is It Too Late To Consider Buying Grand Baoxin Auto Group Limited (HKG:1293)?
Sep 16Investors Will Want Grand Baoxin Auto Group's (HKG:1293) Growth In ROCE To Persist
Aug 29Here's Why Grand Baoxin Auto Group (HKG:1293) Is Weighed Down By Its Debt Load
Jun 28Is It Time To Consider Buying Grand Baoxin Auto Group Limited (HKG:1293)?
Jun 10Returns On Capital Signal Tricky Times Ahead For Grand Baoxin Auto Group (HKG:1293)
May 23Grand Baoxin Auto Group (HKG:1293) Has No Shortage Of Debt
Mar 27Is Now An Opportune Moment To Examine Grand Baoxin Auto Group Limited (HKG:1293)?
Mar 07The Returns At Grand Baoxin Auto Group (HKG:1293) Provide Us With Signs Of What's To Come
Feb 14Grand Baoxin Auto Group (HKG:1293) Share Prices Have Dropped 83% In The Last Five Years
Jan 24
What You Need To Know About Grand Baoxin Auto Group Limited's (HKG:1293) Investor Composition
Dec 23Grand Baoxin Auto Group (HKG:1293) Seems To Be Using A Lot Of Debt
Dec 08Is It Too Late To Consider Buying Grand Baoxin Auto Group Limited (HKG:1293)?
Nov 23Financial Position Analysis
Short Term Liabilities: 1293's short term assets (CN¥13.3B) exceed its short term liabilities (CN¥9.8B).
Long Term Liabilities: 1293's short term assets (CN¥13.3B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 1293's net debt to equity ratio (90.4%) is considered high.
Reducing Debt: 1293's debt to equity ratio has reduced from 144.4% to 95% over the past 5 years.
Debt Coverage: 1293's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 1293's interest payments on its debt are not well covered by EBIT (0.8x coverage).