Dongfang Electric Balance Sheet Health
Financial Health criteria checks 4/6
Dongfang Electric has a total shareholder equity of CN¥42.5B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CN¥138.7B and CN¥96.2B respectively. Dongfang Electric's EBIT is CN¥2.3B making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥15.8B.
Key information
7.0%
Debt to equity ratio
CN¥2.97b
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥15.79b |
| Equity | CN¥42.54b |
| Total liabilities | CN¥96.19b |
| Total assets | CN¥138.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600875's short term assets (CN¥83.2B) do not cover its short term liabilities (CN¥86.2B).
Long Term Liabilities: 600875's short term assets (CN¥83.2B) exceed its long term liabilities (CN¥10.0B).
Debt to Equity History and Analysis
Debt Level: 600875 has more cash than its total debt.
Reducing Debt: 600875's debt to equity ratio has increased from 1.5% to 7% over the past 5 years.
Debt Coverage: 600875's debt is well covered by operating cash flow (188.8%).
Interest Coverage: 600875 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 13:09 |
| End of Day Share Price | 2024/12/19 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
Dongfang Electric Corporation Limited is covered by 46 analysts. 8 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 |
|---|---|
| Victoria Li | Barclays |
| Tingting Li | BNP Paribas Securities (Asia) |
| Peter Yao | BOCI Research Ltd. |