China Yongda Automobiles Services Holdings Limited

SZSC:3669 Stock Report

Market Cap: HK$3.5b

China Yongda Automobiles Services Holdings Balance Sheet Health

Financial Health criteria checks 5/6

China Yongda Automobiles Services Holdings has a total shareholder equity of CN¥14.3B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CN¥30.3B and CN¥16.0B respectively. China Yongda Automobiles Services Holdings's EBIT is CN¥464.2M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥1.7B.

Key information

24.2%

Debt to equity ratio

CN¥3.46b

Debt

Interest coverage ratio1.7x
CashCN¥1.73b
EquityCN¥14.31b
Total liabilitiesCN¥16.01b
Total assetsCN¥30.32b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 3669's short term assets (CN¥15.3B) exceed its short term liabilities (CN¥12.5B).

Long Term Liabilities: 3669's short term assets (CN¥15.3B) exceed its long term liabilities (CN¥3.5B).


Debt to Equity History and Analysis

Debt Level: 3669's net debt to equity ratio (12.1%) is considered satisfactory.

Reducing Debt: 3669's debt to equity ratio has reduced from 131.5% to 24.2% over the past 5 years.

Debt Coverage: 3669's debt is well covered by operating cash flow (41.4%).

Interest Coverage: 3669's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


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