FAW Jiefang Group - Balance Sheet

Assets and their Funding (CNY mil)
Automotive | China | October 12, 2020
$10.99
Excel Sheet

FAW Jiefang Group's total assets reached CNY 96,332 mil at the end of 2Q2020, up 401% compared to the previous year.

Current assets amounted to CNY 79,258 mil, or 82.3% of total assets while cash stood at CNY 30,574 mil at the end of 2Q2020.

By contrast, total debt reached CNY 26,247 mil at the year-end, or 27.2% of total assets, while the firm's equity amounted to CNY 24,036 mil. As a result, net debt stood at CNY -4,327 mil at the end of 2Q2020 and accounted for -18.0% of equity.

Net debt against equity is down 40.2 pp from five years ago (22.2%). The ratio against EBITDA decreased from 1.80x seen in 2Q2015 to -1.12x.

The company’s cost of funding amounted to 0.124% in 2Q2020, down 2.78 pp compared to the average over the last 5 years.

You can see all the company’s data at FAW Jiefang Group profile, or you can download a report on the company in the report section.

Cash & Cash Equivalents Unit Mar 2008 Jun 2008 Sep 2008 Dec 2008 Mar 2009 Jun 2009 Sep 2009 Dec 2009 Mar 2010 Jun 2010 Sep 2010 Dec 2010 Mar 2011 Jun 2011 Sep 2011 Dec 2011 Mar 2012 Jun 2012 Sep 2012 Dec 2012 Mar 2013 Jun 2013 Sep 2013 Dec 2013 Mar 2014 Jun 2014 Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
Anhui Ankai Automobile CNY mil 379 1,112 398 974 662
BAIC Motor Corporation CNY mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 35,390 45,746 46,815 48,523 50,231
Chongqing Changan Automobile CNY mil 9,648 12,024 11,718 12,168 11,780
Dongfeng Motor Group CNY mil 29,150 26,715 24,253 35,057 45,861
FAW Jiefang Group CNY mil ... ... 482 437 314 559 24,214
Geely Automobile CNY mil 15,737 14,872 13,996 16,639 19,281
SAIC Motor Corporation CNY mil 204,922 140,550 195,559 178,717 208,431
Zhengzhou Yutong Bus CNY mil 3,297 2,834 2,476 3,707 7,016
AVERAGE CNY mil 6,489 5,835 5,006 5,951 7,523 9,009 10,639 10,309 13,027 12,714 14,368 19,056 17,831 17,272 17,356 15,588 16,953 17,254 14,383 15,094 17,571 18,681 16,053 18,102 18,115 19,527 19,809 20,087 18,714 18,872 19,790 19,633 22,018 20,965 24,132 26,273 28,932 40,535 28,166 27,659 31,808 38,602 29,431 37,376 30,536 36,941 37,043 45,935 42,420 52,789