Trans-China Automotive Holdings Limited
Catalist:VI2 Stock Report
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
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
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Trans-China Automotive Holdings Limited Announces Executive Changes Sep 16
First half 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.03 loss in 1H 2023) Aug 17
New major risk - Financial position Aug 13
Now 38% undervalued after recent price drop Jul 10
Now 27% undervalued after recent price drop Jun 14
Now 25% undervalued after recent price drop May 29
Now 27% undervalued May 10
Executive Chairman & CEO recently bought S$51k worth of stock Apr 18
Full year 2023 earnings released: CN¥0.15 loss per share (vs CN¥0.036 profit in FY 2022) Apr 13
Trans-China Automotive Holdings Limited, Annual General Meeting, Apr 24, 2024 Apr 09
Executive Chairman & CEO recently bought S$120k worth of stock Mar 16
Full year 2023 earnings released: CN¥0.16 loss per share (vs CN¥0.036 profit in FY 2022) Feb 28
Trans-China Automotive Holdings Limited Provides Earnings Guidance for the Full Year Ended 31 December 2023 Jan 19
Executive Chairman & CEO recently bought S$58k worth of stock Sep 23
Trans-China Automotive Holdings Limited Appoints Mark Hidemitsu Fukunaga as Non-Executive Director and A Member of the Audit and Risk Committee, Nominating Committee and Remuneration Committee Aug 17
New major risk - Revenue and earnings growth Aug 16
First half 2023 earnings released: CN¥0.03 loss per share (vs CN¥0.07 profit in 1H 2022) Aug 16
Trans-China Automotive Holdings Limited Appoints Mark Hidemitsu Fukunaga as Non-Executive Director Aug 11 Trans-China Automotive Holdings Limited to Report First Half, 2023 Results on Aug 14, 2023
Executive Chairman & CEO recently bought S$145k worth of stock Jun 07
Trans-China Automotive Holdings Limited Approves Final Dividend for Fiscal Year 2022, Payable on 8 May 2023 May 16
Executive Chairman & CEO recently bought S$561k worth of stock Apr 30
Full year 2022 earnings released: EPS: CN¥0.036 (vs CN¥0.24 in FY 2021) Apr 09
Full year 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.24 in FY 2021) Feb 25
Trans-China Automotive Holdings Limited Provides Unaudited Financial Guidance of the Group for Fiscal Year 2022 Jan 20
Executive Chairman & CEO recently bought S$713k worth of stock Dec 16
Executive Chairman & CEO recently bought S$1.3m worth of stock Dec 07
Executive Chairman & CEO recently bought S$483k worth of stock Nov 02
First half 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.19 in 1H 2021) Aug 15
Trans-China Automotive Holdings Provides Earnings Guidance for the Half Year Ended June 30, 2022 Jul 29
Executive Chairman & CEO recently bought S$840k worth of stock May 20
Trans-China Automotive Holdings Limited Approves Final Dividend for the Financial Year Ended 31 December 2021 Apr 27
Full year 2021 earnings: EPS and revenues miss analyst expectations Apr 12
Trans-China Automotive Holdings Limited, Annual General Meeting, Apr 26, 2022 Apr 08
Trans-China Automotive Holdings Limited Recommends First Time Final Tax-Exempt Dividend for the Fiscal Year 2021 Mar 01
Full year 2021 earnings: EPS and revenues miss analyst expectations Mar 01
Executive Director & CFO recently bought S$58k worth of stock Jan 05
Executive Chairman & CEO recently bought S$1.4m worth of stock Dec 19
Executive Chairman & CEO recently bought S$1.5m worth of stock Nov 22
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 .
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