Hangzhou Dadi Haiyang Environmental Protection Balance Sheet Health
Financial Health criteria checks 4/6
Hangzhou Dadi Haiyang Environmental Protection has a total shareholder equity of CN¥834.3M and total debt of CN¥294.3M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are CN¥1.4B and CN¥518.1M respectively. Hangzhou Dadi Haiyang Environmental Protection's EBIT is CN¥69.6M making its interest coverage ratio 8.4. It has cash and short-term investments of CN¥88.3M.
Key information
35.3%
Debt to equity ratio
CN¥294.26m
Debt
| Interest coverage ratio | 8.4x |
| Cash | CN¥88.30m |
| Equity | CN¥834.28m |
| Total liabilities | CN¥518.08m |
| Total assets | CN¥1.35b |
Recent financial health updates
No updates
Recent updates
Hangzhou Dadi Haiyang Environmental Protection Co., Ltd.'s (SZSE:301068) 30% Share Price Surge Not Quite Adding Up
Sep 30
Some Shareholders Feeling Restless Over Hangzhou Dadi Haiyang Environmental Protection Co., Ltd.'s (SZSE:301068) P/E Ratio
Aug 08We Think That There Are Some Issues For Hangzhou Dadi Haiyang Environmental Protection (SZSE:301068) Beyond Its Promising Earnings
Apr 15Earnings Not Telling The Story For Hangzhou Dadi Haiyang Environmental Protection Co., Ltd. (SZSE:301068) After Shares Rise 28%
Apr 03Financial Position Analysis
Short Term Liabilities: 301068's short term assets (CN¥818.9M) exceed its short term liabilities (CN¥394.2M).
Long Term Liabilities: 301068's short term assets (CN¥818.9M) exceed its long term liabilities (CN¥123.9M).
Debt to Equity History and Analysis
Debt Level: 301068's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 301068's debt to equity ratio has increased from 29.1% to 35.3% over the past 5 years.
Debt Coverage: 301068's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: 301068's interest payments on its debt are well covered by EBIT (8.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 10:36 |
| End of Day Share Price | 2024/12/27 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
Hangzhou Dadi Haiyang Environmental Protection Co., Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Li Wu | Tianfeng Securities Brokerage Co., Ltd |