SAIC Motor Corporation - Balance Sheet

SAIC Motor Corporation's total assets reached CNY 849,333 mil at the end of 2019, up 8.5% compared to the previous year.

Current assets amounted to CNY 511,158 mil, or 60.2% of total assets while cash stood at CNY 208,431 mil at the end of 2019.

By contrast, total debt reached CNY 250,187 mil at the year-end, or 29.5% of total assets, while the firm's equity amounted to CNY 300,840 mil. As a result, net debt stood at CNY 41,756 mil at the end of 2019 and accounted for 13.9% of equity.

Net debt against equity is up 25.4 pp from five years ago (-11.5%). The ratio against EBITDA increased from -1.29x seen in 2014 to 1.54x.

The company’s cost of funding amounted to 0.866% in 2019, down 0.022 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.