Guangdong Dongpeng HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Dongpeng HoldingsLtd has a total shareholder equity of CN¥7.8B and total debt of CN¥111.2M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CN¥11.8B and CN¥4.0B respectively. Guangdong Dongpeng HoldingsLtd's EBIT is CN¥717.0M making its interest coverage ratio -7.8. It has cash and short-term investments of CN¥2.9B.
Key information
1.4%
Debt to equity ratio
CN¥111.24m
Debt
Interest coverage ratio | -7.8x |
Cash | CN¥2.93b |
Equity | CN¥7.78b |
Total liabilities | CN¥4.04b |
Total assets | CN¥11.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 003012's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 003012's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥267.3M).
Debt to Equity History and Analysis
Debt Level: 003012 has more cash than its total debt.
Reducing Debt: 003012's debt to equity ratio has reduced from 4% to 1.4% over the past 5 years.
Debt Coverage: 003012's debt is well covered by operating cash flow (1396.1%).
Interest Coverage: 003012 earns more interest than it pays, so coverage of interest payments is not a concern.