Beijing Dinghan Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Beijing Dinghan Technology GroupLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 96.9%. Its total assets and total liabilities are CN¥3.8B and CN¥2.5B respectively. Beijing Dinghan Technology GroupLtd's EBIT is CN¥74.8M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥284.3M.
Key information
96.9%
Debt to equity ratio
CN¥1.30b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥284.33m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥2.49b |
| Total assets | CN¥3.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300011's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 300011's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥316.3M).
Debt to Equity History and Analysis
Debt Level: 300011's net debt to equity ratio (75.7%) is considered high.
Reducing Debt: 300011's debt to equity ratio has increased from 40.3% to 96.9% over the past 5 years.
Debt Coverage: 300011's debt is not well covered by operating cash flow (10%).
Interest Coverage: 300011's interest payments on its debt are not well covered by EBIT (1.7x coverage).