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Dongfeng Motor Group's total assets reached CNY 272,000 mil at the end of 2019, up 20.1% compared to the previous year.
Current assets amounted to CNY 142,104 mil, or 52.2% of total assets while cash stood at CNY 45,861 mil at the end of 2019.
By contrast, total debt reached CNY 72,780 mil at the year-end, or 26.8% of total assets, while the firm's equity amounted to CNY 133,968 mil. As a result, net debt stood at CNY 26,919 mil at the end of 2019 and accounted for 20.1% of equity.
Net debt against equity is up 13.1 pp from five years ago (7.02%). The ratio against EBITDA increased from 2.55x seen in 2014 to 23.7x.
The company’s cost of funding amounted to 1.02% in 2019, up 0.253 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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