Suzhou Inovance Automotive Co Ltd
Suzhou Inovance Automotive Co Ltd (301656.SZ) is currently classified as Auto, Truck & Motorcycle Parts within Auto, Truck & Motorcycle Parts (Consumer Cyclicals). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 25,798,141,600 CNY, total equity 9,597,840,340, short-term debt 0, long-term debt 1,829,782,260. Net cash position is approximately -1,829,782,260 CNY. Profitability profile: revenue 20,696,999,930, gross profit 3,042,130,780, operating income 1,154,135,630, net income 1,133,360,670. Return on equity ~11.8%. Return on assets ~4.4%. Operating-cash-flow to net-income ratio is 2.58. Risk profile from automated assessment: liquidity risk medium, dilution risk low. Flags: Net cash is negative after subtracting total debt..
Business. Suzhou Inovance Automotive Co Ltd is classified under Consumer Cyclicals / Auto, Truck & Motorcycle Parts and appears profitable on the latest normalized snapshot.
Classification. Classification confidence is 0.92 based on verified market data; matched terms: Auto, Truck & Motorcycle Parts, Automobiles & Auto Parts, Consumer Cyclicals.
- Return on equity is about 11.8%.
- Debt to equity is about 0.19x.
- Net cash is negative after subtracting total debt.