Shenzhen Dawei Innovation Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Dawei Innovation Technology has a total shareholder equity of CN¥590.0M and total debt of CN¥28.4M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are CN¥718.9M and CN¥128.9M respectively.
Key information
4.8%
Debt to equity ratio
CN¥28.39m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥159.36m |
| Equity | CN¥590.00m |
| Total liabilities | CN¥128.92m |
| Total assets | CN¥718.92m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002213's short term assets (CN¥433.3M) exceed its short term liabilities (CN¥126.9M).
Long Term Liabilities: 002213's short term assets (CN¥433.3M) exceed its long term liabilities (CN¥2.1M).
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 4.8% 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.