Dayu Irrigation GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Dayu Irrigation GroupLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 118.5%. Its total assets and total liabilities are CN¥8.2B and CN¥5.9B respectively. Dayu Irrigation GroupLtd's EBIT is CN¥121.6M making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥1.4B.
Key information
118.5%
Debt to equity ratio
CN¥2.71b
Debt
| Interest coverage ratio | 1.3x |
| Cash | CN¥1.36b |
| Equity | CN¥2.29b |
| Total liabilities | CN¥5.93b |
| Total assets | CN¥8.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300021's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 300021's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 300021's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: 300021's debt to equity ratio has increased from 60.2% to 118.5% over the past 5 years.
Debt Coverage: 300021's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: 300021's interest payments on its debt are not well covered by EBIT (1.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 15:36 |
| 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
Dayu Irrigation Group Co.,Ltd is covered by 5 analysts. 1 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 |
|---|---|
| Jun Peng Chen | Everbright Securities Co. Ltd. |
| Lihua Lv | First Capital Securities Co. LTD. |
| Qingqing Chen | Guosen Securities Co., Ltd. |