Changsha DIALINE New Material Sci.&Tech Balance Sheet Health
Financial Health criteria checks 5/6
Changsha DIALINE New Material Sci.&Tech has a total shareholder equity of CN¥1.1B and total debt of CN¥425.2M, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are CN¥1.9B and CN¥800.6M respectively.
Key information
37.5%
Debt to equity ratio
CN¥425.17m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥335.31m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥800.56m |
| Total assets | CN¥1.93b |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With Changsha DIALINE New Material Sci.&Tech. Co., Ltd.'s (SZSE:300700) Prospects As Shares Rocket 55%
Oct 09
Changsha DIALINE New Material Sci.&Tech. Co., Ltd.'s (SZSE:300700) Shares Not Telling The Full Story
Aug 22Changsha DIALINE New Material Sci.&Tech's (SZSE:300700) Solid Earnings May Rest On Weak Foundations
Apr 03Does Changsha DIALINE New Material Sci.&Tech (SZSE:300700) Deserve A Spot On Your Watchlist?
Mar 28Market Participants Recognise Changsha DIALINE New Material Sci.&Tech. Co., Ltd.'s (SZSE:300700) Revenues Pushing Shares 40% Higher
Mar 07Financial Position Analysis
Short Term Liabilities: 300700's short term assets (CN¥876.2M) exceed its short term liabilities (CN¥612.6M).
Long Term Liabilities: 300700's short term assets (CN¥876.2M) exceed its long term liabilities (CN¥188.0M).
Debt to Equity History and Analysis
Debt Level: 300700's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: 300700's debt to equity ratio has reduced from 76.1% to 37.5% over the past 5 years.
Debt Coverage: 300700's debt is well covered by operating cash flow (59.1%).
Interest Coverage: Insufficient data to determine if 300700's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 17:40 |
| End of Day Share Price | 2024/12/24 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
Changsha DIALINE New Material Sci.&Tech. Co., Ltd. is covered by 2 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 |
|---|---|
| Fu Yang | Chasing Securities |
| Min Ji | Citic Securities Co., Ltd. |