Dajin Heavy IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Dajin Heavy IndustryLtd has a total shareholder equity of CN¥7.1B and total debt of CN¥32.3M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥11.6B and CN¥4.5B respectively. Dajin Heavy IndustryLtd's EBIT is CN¥303.4M making its interest coverage ratio -6.3. It has cash and short-term investments of CN¥2.5B.
Key information
0.5%
Debt to equity ratio
CN¥32.34m
Debt
| Interest coverage ratio | -6.3x |
| Cash | CN¥2.52b |
| Equity | CN¥7.08b |
| Total liabilities | CN¥4.48b |
| Total assets | CN¥11.56b |
Recent financial health updates
These 4 Measures Indicate That Dajin Heavy IndustryLtd (SZSE:002487) Is Using Debt Reasonably Well
Dec 18
Is Dajin Heavy IndustryLtd (SZSE:002487) A Risky Investment?
Jul 14These 4 Measures Indicate That Dajin Heavy IndustryLtd (SZSE:002487) Is Using Debt Reasonably Well
Mar 25Recent updates
These 4 Measures Indicate That Dajin Heavy IndustryLtd (SZSE:002487) Is Using Debt Reasonably Well
Dec 18There Are Reasons To Feel Uneasy About Dajin Heavy IndustryLtd's (SZSE:002487) Returns On Capital
Nov 26Some May Be Optimistic About Dajin Heavy IndustryLtd's (SZSE:002487) Earnings
Nov 06Why Investors Shouldn't Be Surprised By Dajin Heavy Industry Co.,Ltd.'s (SZSE:002487) 33% Share Price Surge
Oct 25Some Dajin Heavy Industry Co.,Ltd. (SZSE:002487) Analysts Just Made A Major Cut To Next Year's Estimates
Sep 03What You Can Learn From Dajin Heavy Industry Co.,Ltd.'s (SZSE:002487) P/E
Aug 20Is Dajin Heavy IndustryLtd (SZSE:002487) A Risky Investment?
Jul 14Investors Will Want Dajin Heavy IndustryLtd's (SZSE:002487) Growth In ROCE To Persist
Jun 26Dajin Heavy Industry Co.,Ltd.'s (SZSE:002487) 29% Jump Shows Its Popularity With Investors
May 21Some May Be Optimistic About Dajin Heavy IndustryLtd's (SZSE:002487) Earnings
May 05Dajin Heavy Industry Co.,Ltd. (SZSE:002487) Analysts Just Cut Their EPS Forecasts Substantially
May 01These 4 Measures Indicate That Dajin Heavy IndustryLtd (SZSE:002487) Is Using Debt Reasonably Well
Mar 25A Piece Of The Puzzle Missing From Dajin Heavy Industry Co.,Ltd.'s (SZSE:002487) 37% Share Price Climb
Mar 06Dajin Heavy IndustryLtd's (SZSE:002487) Returns On Capital Are Heading Higher
Feb 27Financial Position Analysis
Short Term Liabilities: 002487's short term assets (CN¥8.2B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 002487's short term assets (CN¥8.2B) exceed its long term liabilities (CN¥591.1M).
Debt to Equity History and Analysis
Debt Level: 002487 has more cash than its total debt.
Reducing Debt: 002487's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: 002487's debt is well covered by operating cash flow (3757.2%).
Interest Coverage: 002487 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:40 |
| End of Day Share Price | 2024/12/20 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
Dajin Heavy Industry Co.,Ltd. is covered by 11 analysts. 9 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 |
|---|---|
| Weizhi Yuan | Chasing Securities |
| Lin Huang | China Galaxy Securities Co., Ltd. |
| Ran Zhou | China Galaxy Securities Co., Ltd. |