Trans-China Automotive Holdings Limited

Catalist:VI2 Stock Report

Market Cap: S$24.8m

Trans-China Automotive Holdings Balance Sheet Health

Financial Health criteria checks 3/6

Trans-China Automotive Holdings has a total shareholder equity of CN¥198.3M and total debt of CN¥363.0M, which brings its debt-to-equity ratio to 183%. Its total assets and total liabilities are CN¥1.6B and CN¥1.4B respectively.

Key information

183.0%

Debt to equity ratio

CN¥363.03m

Debt

Interest coverage ration/a
CashCN¥74.96m
EquityCN¥198.32m
Total liabilitiesCN¥1.39b
Total assetsCN¥1.59b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: VI2's short term assets (CN¥989.7M) do not cover its short term liabilities (CN¥1.1B).

Long Term Liabilities: VI2's short term assets (CN¥989.7M) exceed its long term liabilities (CN¥326.9M).


Debt to Equity History and Analysis

Debt Level: VI2's net debt to equity ratio (145.3%) 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 well covered by operating cash flow (29.2%).

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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