Zhengzhou Yutong Bus - Balance Sheet

Zhengzhou Yutong Bus's total assets reached CNY 30,748 mil at the end of 2Q2020, down 11.3% compared to the previous year.

Current assets amounted to CNY 21,519 mil, or 70.0% of total assets while cash stood at CNY 4,048 mil at the end of 2Q2020.

By contrast, total debt reached CNY 3,336 mil at the year-end, or 10.8% of total assets, while the firm's equity amounted to CNY 15,511 mil. As a result, net debt stood at CNY -712 mil at the end of 2Q2020 and accounted for -4.59% of equity.

Net debt against equity is up 21.5 pp from five years ago (-26.1%). The ratio against EBITDA increased from -0.714x seen in 2Q2015 to -0.379x.

The company’s cost of funding amounted to 2.61% in 2Q2020, down 3.05 pp compared to the average over the last 5 years.

You can see all the company’s data at Zhengzhou Yutong Bus profile, or you can download a report on the company in the report section.