Guangdong Deerma Technology Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Deerma Technology has a total shareholder equity of CN¥2.8B and total debt of CN¥13.1M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥4.3B and CN¥1.5B respectively. Guangdong Deerma Technology's EBIT is CN¥58.9M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥1.6B.
Key information
0.5%
Debt to equity ratio
CN¥13.06m
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥1.56b |
| Equity | CN¥2.83b |
| Total liabilities | CN¥1.48b |
| Total assets | CN¥4.30b |
Recent financial health updates
Recent updates
Earnings Troubles May Signal Larger Issues for Guangdong Deerma Technology (SZSE:301332) Shareholders
Nov 07
Here's What's Concerning About Guangdong Deerma Technology's (SZSE:301332) Returns On Capital
Jun 26Guangdong Deerma Technology's (SZSE:301332) Shareholders Have More To Worry About Than Only Soft Earnings
May 08Bearish: Analysts Just Cut Their Guangdong Deerma Technology Co., Ltd. (SZSE:301332) Revenue and EPS estimates
May 01We Think Guangdong Deerma Technology (SZSE:301332) Can Stay On Top Of Its Debt
Feb 27Financial Position Analysis
Short Term Liabilities: 301332's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 301332's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥58.6M).
Debt to Equity History and Analysis
Debt Level: 301332 has more cash than its total debt.
Reducing Debt: 301332's debt to equity ratio has reduced from 4% to 0.5% over the past 5 years.
Debt Coverage: 301332's debt is well covered by operating cash flow (2521%).
Interest Coverage: 301332 earns more interest than it pays, so 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 | 2024/12/28 01:27 |
| 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
Guangdong Deerma Technology Co., Ltd. is covered by 6 analysts. 2 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 |
|---|---|
| Ce Yang | China Galaxy Securities Co., Ltd. |
| Wei He | China International Capital Corporation Limited |
| Weiqi Chen | Guosen Securities Co., Ltd. |