Dalian Insulator Group Balance Sheet Health
Financial Health criteria checks 4/6
Dalian Insulator Group has a total shareholder equity of CN¥1.7B and total debt of CN¥472.6M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are CN¥2.8B and CN¥1.2B respectively. Dalian Insulator Group's EBIT is CN¥161.3M making its interest coverage ratio -13.3. It has cash and short-term investments of CN¥352.9M.
Key information
28.0%
Debt to equity ratio
CN¥472.63m
Debt
| Interest coverage ratio | -13.3x |
| Cash | CN¥352.91m |
| Equity | CN¥1.69b |
| Total liabilities | CN¥1.16b |
| Total assets | CN¥2.84b |
Recent financial health updates
No updates
Recent updates
Why Dalian Insulator Group's (SZSE:002606) Earnings Are Weaker Than They Seem
Nov 05
Dalian Insulator Group Co., Ltd (SZSE:002606) Looks Just Right With A 36% Price Jump
Oct 10Dalian Insulator Group (SZSE:002606) Is Experiencing Growth In Returns On Capital
Oct 03Dalian Insulator Group Co., Ltd's (SZSE:002606) Shareholders Might Be Looking For Exit
Jul 01Financial Position Analysis
Short Term Liabilities: 002606's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥870.4M).
Long Term Liabilities: 002606's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥287.5M).
Debt to Equity History and Analysis
Debt Level: 002606's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: 002606's debt to equity ratio has increased from 21.3% to 28% over the past 5 years.
Debt Coverage: 002606's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002606 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 | 2024/12/23 18:33 |
| End of Day Share Price | 2024/12/23 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
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Analyst Sources
Dalian Insulator Group Co., Ltd is covered by 5 analysts. 1 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 |
|---|---|
| Yuande Zhang | Founder Securities Co., Ltd. |
| Yong Feng Gong | Huatai Research |
| Jian Feng Hou | Ping An Securities Co. Ltd. |