Dongguan Yiheda Automation Balance Sheet Health
Financial Health criteria checks 6/6
Dongguan Yiheda Automation has a total shareholder equity of CN¥3.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.6B and CN¥622.7M respectively. Dongguan Yiheda Automation's EBIT is CN¥592.0M making its interest coverage ratio -56.2. It has cash and short-term investments of CN¥982.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -56.2x |
| Cash | CN¥982.58m |
| Equity | CN¥2.99b |
| Total liabilities | CN¥622.69m |
| Total assets | CN¥3.61b |
Recent financial health updates
No updates
Recent updates
Why You Should Care About Dongguan Yiheda Automation's (SZSE:301029) Strong Returns On Capital
Aug 16
Dongguan Yiheda Automation (SZSE:301029) Is Increasing Its Dividend To CN¥0.40
May 22Solid Earnings May Not Tell The Whole Story For Dongguan Yiheda Automation (SZSE:301029)
May 05Dongguan Yiheda Automation Co., Ltd (SZSE:301029) Analysts Just Slashed This Year's Estimates
Apr 28Dongguan Yiheda Automation Co., Ltd Just Missed EPS By 6.8%: Here's What Analysts Think Will Happen Next
Apr 24Financial Position Analysis
Short Term Liabilities: 301029's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥604.1M).
Long Term Liabilities: 301029's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥18.6M).
Debt to Equity History and Analysis
Debt Level: 301029 is debt free.
Reducing Debt: 301029 has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.
Debt Coverage: 301029 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301029 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 00:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Dongguan Yiheda Automation Co., Ltd is covered by 19 analysts. 13 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 |
|---|---|
| Fiona Liang | BofA Global Research |
| Yikai Liu | BofA Global Research |
| Pei Lu | China Galaxy Securities Co., Ltd. |