BAIC Motor Corporation - Indebtedness

BAIC Motor Corporation's net debt stood at CNY -25,986 mil and accounted for -35.9% of equity at the end of 2019. The ratio is down 19.3 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 54.7% in 2012 and a low of -35.9% in 2019 between 2011 and 2019. The average for the last five years was -9.80%.

Net debt to EBITDA was calculated at -0.969x at the end of the year. That is down from 2.99x seen in 2014. The ratio reached a high of 31.0x in 2012 and a low of -9.04x in 2011.

The company’s cost of funding amounted to 2.96% in 2019, up which is above the 5-year of 2.77%. Funding costs have “eaten” some 3.27% of the operating profit generated in 2019.

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.