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Avic Shenyang Aircraft stock: balance sheet and debt

600760.SS
$7.15Closing price of 12 Nov 2026MEQIRI Score 57 out of 100

Avic Shenyang Aircraft has a debt to equity ratio of 0.02 and an interest coverage of over 100x.

Daily figure as of 13 Nov 2026

Debt / Equity
0.02
Interest coverage
> 100x
Current ratio
1.37
Cash & equivalents
$1.45B
Total assets
$11.62B
Equity ratio
33.1%
Goodwill and intangible assets
$251.34M
not split out
Net debt
−$1.37B
More cash than debt

Total assets and equity ratio

How large the balance sheet of Avic Shenyang Aircraft Co., Ltd. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$118.25M$19.62Mnot split out55.0%$5.05M
2007$128.55M$9.82Mnot split out52.7%$6.61M
2008$134.06M$9.51Mnot split out48.7%$6.92M
2009$175.54M$18.56Mnot split out59.1%−$382.59K
2010$482.97M$63.93M$15.36M37.5%$43.63M
2011$528.33M$53.17Mnot split out28.0%$137.17M
2012$488.81M$55.46Mnot split out28.9%$122.19M
2013$531.4M$57.12M$5.93K27.8%$107.4M
2014$463.8M$46.38M$5.93K25.3%$112.46M
2015$382.41M$48.65Mnot split out20.0%$102.48M
2016$254.73M$20.69Mnot split out33.7%$44.98M
2017$3.96B$152.24Mnot split out27.7%−$1.29B
2018$4.26B$153.25Mnot split out28.8%−$1.3B
2019$4.38B$148.17Mnot split out31.9%−$1.06B
2020$4.93B$142.47Mnot split out33.0%−$1.89B
2021$9.41B$139.52Mnot split out19.6%−$3.24B
2022$8.82B$154.57Mnot split out23.5%−$3.36B
2023$8.32B$146.16Mnot split out29.3%−$2.33B
2024$9.24B$247.86Mnot split out30.9%−$1.48B
2025$11.62B$251.34Mnot split out33.1%−$1.37B

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$9.35M$65M$14.4M0.22
2007$6.58M$67.79M$13.2M0.19
2008$4.51M$65.27M$11.42M0.17
2009$18.38M$71.29M$18M0.17
2010$53.62M$144.67M$97.25M0.54
2011$50.44M$115.09M$187.61M1.27
2012$55.97M$109.68M$178.16M1.26
2013$45.03M$112.33M$152.42M1.03
2014$34.35M$91.07M$146.81M1.25
2015$23.16M$59.01M$125.64M1.64
2016$45M$65.87M$89.98M1.05
2017$1.39B$1.07B$100.25M0.09
2018$1.4B$1.18B$101M0.08
2019$1.13B$1.3B$72.51M0.05
2020$1.89B$1.52B$270.77K0
2021$3.24B$1.71B$1.33M0
2022$3.37B$1.93B$17.98M0.01
2023$2.34B$2.26B$365.93K0
2024$1.48B$2.56B$3.96M0
2025$1.45B$3.53B$75.05M0.02

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CN¥6.6683)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Oct 2025)
  • Valuation signal Overvalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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