Dianguang Explosion-proof TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Dianguang Explosion-proof TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥311.5M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are CN¥2.6B and CN¥967.3M respectively. Dianguang Explosion-proof TechnologyLtd's EBIT is CN¥100.1M making its interest coverage ratio -12.9. It has cash and short-term investments of CN¥397.5M.
Key information
18.9%
Debt to equity ratio
CN¥311.49m
Debt
| Interest coverage ratio | -12.9x |
| Cash | CN¥397.46m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥967.32m |
| Total assets | CN¥2.62b |
Recent financial health updates
No updates
Recent updates
Dianguang Explosion-proof Technology Co.,Ltd.'s (SZSE:002730) 25% Share Price Surge Not Quite Adding Up
Dec 23
Dianguang Explosion-proof TechnologyLtd's (SZSE:002730) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 06Dianguang Explosion-proof TechnologyLtd's (SZSE:002730) Shareholders May Want To Dig Deeper Than Statutory Profit
May 06Dianguang Explosion-proof TechnologyLtd's (SZSE:002730) Returns Have Hit A Wall
Apr 17Even With A 28% Surge, Cautious Investors Are Not Rewarding Dianguang Explosion-proof Technology Co.,Ltd.'s (SZSE:002730) Performance Completely
Mar 07Financial Position Analysis
Short Term Liabilities: 002730's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥847.3M).
Long Term Liabilities: 002730's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥120.0M).
Debt to Equity History and Analysis
Debt Level: 002730 has more cash than its total debt.
Reducing Debt: 002730's debt to equity ratio has reduced from 27.2% to 18.9% over the past 5 years.
Debt Coverage: 002730's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 002730 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 | 2024/12/25 13:13 |
| 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 |
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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
Dianguang Explosion-proof Technology 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 |
|---|---|
| Yuebo Li | Industrial Securities Co. Ltd. |