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Dongfeng Motor Group's total assets reached CNY 291,966 mil at the end of 2Q2020, up 21.8% compared to the previous year.
Current assets amounted to CNY 158,550 mil, or 54.3% of total assets while cash stood at CNY 63,538 mil at the end of 2Q2020.
By contrast, total debt reached CNY 88,027 mil at the year-end, or 30.1% of total assets, while the firm's equity amounted to CNY 135,079 mil. As a result, net debt stood at CNY 24,489 mil at the end of 2Q2020 and accounted for 18.1% of equity.
Net debt against equity is up 26.5 pp from five years ago (-8.41%). The ratio against EBITDA increased from -2.57x seen in 2Q2015 to 34.9x.
The company’s cost of funding amounted to 1.13% in 2Q2020, up 0.332 pp compared to the average over the last 5 years.
You can see all the company’s data at Dongfeng Motor Group profile, or you can download a report on the company in the report section.
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