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.