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SAIC Motor Corporation's net debt stood at CNY 41,756 mil and accounted for 13.9% of equity at the end of 2019. The ratio is up 9.44 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 52.8% in 1994 and a low of -61.0% in 1997 between 1994 and 2019. The average for the last five years was 12.8%.
Net debt to EBITDA was calculated at 1.54x at the end of the year. That is up from -1.29x seen in 2014. The ratio reached a high of 6.82x in 2009 and a low of -15.2x in 2006.
The company’s cost of funding amounted to 0.866% in 2019, down which is above the 5-year of 0.888%. Funding costs have “eaten” some 13.1% of the operating profit generated in 2019.
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.
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