Trans-China Automotive Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Trans-China Automotive Holdings has a total shareholder equity of CN¥121.1M and total debt of CN¥431.4M, which brings its debt-to-equity ratio to 356.2%. Its total assets and total liabilities are CN¥1.3B and CN¥1.2B respectively.
Key information
356.2%
Debt to equity ratio
CN¥431.39m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥83.32m |
| Equity | CN¥121.12m |
| Total liabilities | CN¥1.18b |
| Total assets | CN¥1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VI2's short term assets (CN¥719.9M) do not cover its short term liabilities (CN¥863.8M).
Long Term Liabilities: VI2's short term assets (CN¥719.9M) exceed its long term liabilities (CN¥312.9M).
Debt to Equity History and Analysis
Debt Level: VI2's net debt to equity ratio (287.4%) is considered high.
Reducing Debt: VI2 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: VI2's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: Insufficient data to determine if VI2's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:57 |
| End of Day Share Price | 2024/12/30 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Trans-China Automotive Holdings Limited 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 |
|---|---|
| null null | UOB Kay Hian Research Pte Ltd |