Guangdong Deerma Technology Co., Ltd.

SZSE:301332 Stock Report

Market Cap: CN¥4.9b

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
CashCN¥1.56b
EquityCN¥2.83b
Total liabilitiesCN¥1.48b
Total assetsCN¥4.30b

Recent financial health updates

Recent updates

Here's What's Concerning About Guangdong Deerma Technology's (SZSE:301332) Returns On Capital

Jun 26
Here's What's Concerning About Guangdong Deerma Technology's (SZSE:301332) Returns On Capital

Guangdong Deerma Technology's (SZSE:301332) Shareholders Have More To Worry About Than Only Soft Earnings

May 08
Guangdong Deerma Technology's (SZSE:301332) Shareholders Have More To Worry About Than Only Soft Earnings

Bearish: Analysts Just Cut Their Guangdong Deerma Technology Co., Ltd. (SZSE:301332) Revenue and EPS estimates

May 01
Bearish: Analysts Just Cut Their Guangdong Deerma Technology Co., Ltd. (SZSE:301332) Revenue and EPS estimates

We Think Guangdong Deerma Technology (SZSE:301332) Can Stay On Top Of Its Debt

Feb 27
We Think Guangdong Deerma Technology (SZSE:301332) Can Stay On Top Of Its Debt

Financial 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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