BAIC Motor Corporation - Balance Sheet

BAIC Motor Corporation's total assets reached CNY 196,561 mil at the end of 2Q2020, up 3.22% compared to the previous year.

Current assets amounted to CNY 99,852 mil, or 50.8% of total assets while cash stood at CNY 51,721 mil at the end of 2Q2020.

By contrast, total debt reached CNY 25,473 mil at the year-end, or 13.0% of total assets, while the firm's equity amounted to CNY 67,272 mil. As a result, net debt stood at CNY -26,248 mil at the end of 2Q2020 and accounted for -39.0% of equity.

Net debt against equity is down 52.0 pp from five years ago (13.0%). The ratio against EBITDA decreased from 0.962x seen in 2Q2015 to -0.933x.

The company’s cost of funding amounted to in 2Q2020, down 2.55 pp compared to the average over the last 5 years.

You can see all the company’s data at BAIC Motor Corporation profile, or you can download a report on the company in the report section.