Damon Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Damon Technology GroupLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥269.1M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are CN¥2.7B and CN¥1.3B respectively. Damon Technology GroupLtd's EBIT is CN¥117.8M making its interest coverage ratio 187.8. It has cash and short-term investments of CN¥422.1M.
Key information
18.9%
Debt to equity ratio
CN¥269.13m
Debt
| Interest coverage ratio | 187.8x |
| Cash | CN¥422.08m |
| Equity | CN¥1.42b |
| Total liabilities | CN¥1.30b |
| Total assets | CN¥2.73b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Damon Technology GroupLtd (SHSE:688360)
Dec 02
There May Be Underlying Issues With The Quality Of Damon Technology GroupLtd's (SHSE:688360) Earnings
Nov 05Damon Technology Group Co.,Ltd.'s (SHSE:688360) Share Price Is Matching Sentiment Around Its Earnings
Sep 28Damon Technology GroupLtd's (SHSE:688360) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 26Damon Technology GroupLtd (SHSE:688360) May Have Issues Allocating Its Capital
Apr 16Damon Technology Group Co.,Ltd. (SHSE:688360) Stock Catapults 32% Though Its Price And Business Still Lag The Market
Mar 06Financial Position Analysis
Short Term Liabilities: 688360's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥999.7M).
Long Term Liabilities: 688360's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥302.6M).
Debt to Equity History and Analysis
Debt Level: 688360 has more cash than its total debt.
Reducing Debt: 688360's debt to equity ratio has increased from 17.1% to 18.9% over the past 5 years.
Debt Coverage: 688360's debt is well covered by operating cash flow (32.1%).
Interest Coverage: 688360's interest payments on its debt are well covered by EBIT (187.8x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 10:52 |
| End of Day Share Price | 2024/12/25 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Damon Technology Group Co.,Ltd. is covered by 1 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 |
|---|---|
| Lili Xing | Zhongtai Securities Co. Ltd. |