Sichuan Dawn Precision TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Dawn Precision TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥508.8M, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are CN¥2.1B and CN¥843.5M respectively. Sichuan Dawn Precision TechnologyLtd's EBIT is CN¥43.6M making its interest coverage ratio 2.9. It has cash and short-term investments of CN¥67.6M.
Key information
41.8%
Debt to equity ratio
CN¥508.78m
Debt
| Interest coverage ratio | 2.9x |
| Cash | CN¥67.55m |
| Equity | CN¥1.22b |
| Total liabilities | CN¥843.54m |
| Total assets | CN¥2.06b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Sichuan Dawn Precision Technology Co.,Ltd.'s (SZSE:300780) Price
Sep 03
Sichuan Dawn Precision Technology Co.,Ltd.'s (SZSE:300780) Popularity With Investors Under Threat As Stock Sinks 28%
Apr 20Earnings Not Telling The Story For Sichuan Dawn Precision Technology Co.,Ltd. (SZSE:300780) After Shares Rise 34%
Mar 01Financial Position Analysis
Short Term Liabilities: 300780's short term assets (CN¥761.7M) exceed its short term liabilities (CN¥213.7M).
Long Term Liabilities: 300780's short term assets (CN¥761.7M) exceed its long term liabilities (CN¥629.8M).
Debt to Equity History and Analysis
Debt Level: 300780's net debt to equity ratio (36.2%) is considered satisfactory.
Reducing Debt: 300780's debt to equity ratio has increased from 23.1% to 41.8% over the past 5 years.
Debt Coverage: 300780's debt is well covered by operating cash flow (23%).
Interest Coverage: 300780's interest payments on its debt are not well covered by EBIT (2.9x coverage).