Shenzhen Dawei Innovation Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Dawei Innovation Technology has a total shareholder equity of CN¥611.5M and total debt of CN¥33.4M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CN¥723.7M and CN¥112.3M respectively.
Key information
5.5%
Debt to equity ratio
CN¥33.39m
Debt
Interest coverage ratio | n/a |
Cash | CN¥209.54m |
Equity | CN¥611.45m |
Total liabilities | CN¥112.25m |
Total assets | CN¥723.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002213's short term assets (CN¥450.5M) exceed its short term liabilities (CN¥95.3M).
Long Term Liabilities: 002213's short term assets (CN¥450.5M) exceed its long term liabilities (CN¥16.9M).
Debt to Equity History and Analysis
Debt Level: 002213 has more cash than its total debt.
Reducing Debt: 002213's debt to equity ratio has increased from 0% to 5.5% over the past 5 years.
Debt Coverage: 002213's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002213's interest payments on its debt are well covered by EBIT.