Dianguang Explosion-proof TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Dianguang Explosion-proof TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥183.7M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are CN¥2.5B and CN¥850.6M respectively. Dianguang Explosion-proof TechnologyLtd's EBIT is CN¥117.7M making its interest coverage ratio -8.8. It has cash and short-term investments of CN¥571.4M.
Key information
11.2%
Debt to equity ratio
CN¥183.68m
Debt
| Interest coverage ratio | -8.8x |
| Cash | CN¥571.36m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥850.57m |
| Total assets | CN¥2.48b |
Recent financial health updates
No updates
Recent updates
Dianguang Explosion-proof TechnologyLtd's (SZSE:002730) Shareholders May Want To Dig Deeper Than Statutory Profit
May 06
Dianguang 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¥1.8B) exceed its short term liabilities (CN¥840.1M).
Long Term Liabilities: 002730's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥10.4M).
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 42.4% to 11.2% over the past 5 years.
Debt Coverage: 002730's debt is well covered by operating cash flow (30.4%).
Interest Coverage: 002730 earns more interest than it pays, so coverage of interest payments is not a concern.