Guangdong Dongfang Precision Science & Technology Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Dongfang Precision Science & Technology has a total shareholder equity of CN¥5.1B and total debt of CN¥298.0M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥7.4B and CN¥2.3B respectively. Guangdong Dongfang Precision Science & Technology's EBIT is CN¥718.5M making its interest coverage ratio 110. It has cash and short-term investments of CN¥2.2B.
Key information
5.9%
Debt to equity ratio
CN¥297.97m
Debt
| Interest coverage ratio | 110x |
| Cash | CN¥2.21b |
| Equity | CN¥5.08b |
| Total liabilities | CN¥2.28b |
| Total assets | CN¥7.36b |
Recent financial health updates
Recent updates
Guangdong Dongfang Precision Science & Technology Co., Ltd.'s (SZSE:002611) Shares Bounce 35% But Its Business Still Trails The Market
Nov 14
Is Guangdong Dongfang Precision Science & Technology (SZSE:002611) A Risky Investment?
Oct 18Guangdong Dongfang Precision Science & Technology Co., Ltd.'s (SZSE:002611) Price Is Right But Growth Is Lacking
Sep 25Benign Growth For Guangdong Dongfang Precision Science & Technology Co., Ltd. (SZSE:002611) Underpins Its Share Price
Jun 26Why Guangdong Dongfang Precision Science & Technology's (SZSE:002611) Shaky Earnings Are Just The Beginning Of Its Problems
Apr 03Guangdong Dongfang Precision Science & Technology Co., Ltd. (SZSE:002611) Held Back By Insufficient Growth Even After Shares Climb 93%
Mar 22Financial Position Analysis
Short Term Liabilities: 002611's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002611's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥394.4M).
Debt to Equity History and Analysis
Debt Level: 002611 has more cash than its total debt.
Reducing Debt: 002611's debt to equity ratio has reduced from 15.8% to 5.9% over the past 5 years.
Debt Coverage: 002611's debt is well covered by operating cash flow (130%).
Interest Coverage: 002611's interest payments on its debt are well covered by EBIT (110x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 15:35 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Guangdong Dongfang Precision Science & Technology Co., Ltd. is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xian Gong Ren | Bohai Securities Co., Ltd. |
| Rong Liu | China Merchants Securities Co. Ltd. |
| Zhou Lu | Everbright Securities Co. Ltd. |