SAIC Motor Corporation - Balance Sheet

SAIC Motor Corporation's total assets reached CNY 833,296 mil at the end of 2Q2020, up 6.8% compared to the previous year.

Current assets amounted to CNY 520,874 mil, or 62.5% of total assets while cash stood at CNY 230,965 mil at the end of 2Q2020.

By contrast, total debt reached CNY 271,237 mil at the year-end, or 32.5% of total assets, while the firm's equity amounted to CNY 292,769 mil. As a result, net debt stood at CNY 40,271 mil at the end of 2Q2020 and accounted for 13.8% of equity.

Net debt against equity is up 2.87 pp from five years ago (10.9%). The ratio against EBITDA increased from 1.19x seen in 2Q2015 to 1.52x.

The company’s cost of funding amounted to 0.870% in 2Q2020, down 0.280 pp compared to the average over the last 5 years.

You can see all the company’s data at SAIC Motor Corporation profile, or you can download a report on the company in the report section.