Dian Diagnostics GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Dian Diagnostics GroupLtd has a total shareholder equity of CN¥9.5B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are CN¥17.1B and CN¥7.6B respectively. Dian Diagnostics GroupLtd's EBIT is CN¥406.9M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥1.7B.
Key information
39.9%
Debt to equity ratio
CN¥3.78b
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥1.73b |
| Equity | CN¥9.48b |
| Total liabilities | CN¥7.60b |
| Total assets | CN¥17.08b |
Recent financial health updates
Here's Why Dian Diagnostics GroupLtd (SZSE:300244) Can Manage Its Debt Responsibly
Dec 12
Dian Diagnostics GroupLtd (SZSE:300244) Seems To Use Debt Quite Sensibly
May 24Recent updates
Here's Why Dian Diagnostics GroupLtd (SZSE:300244) Can Manage Its Debt Responsibly
Dec 12Dian Diagnostics Group Co.,Ltd.'s (SZSE:300244) Shares Bounce 37% But Its Business Still Trails The Industry
Oct 04Dian Diagnostics Group Co.,Ltd. (SZSE:300244) Looks Inexpensive But Perhaps Not Attractive Enough
Aug 20Returns On Capital Signal Tricky Times Ahead For Dian Diagnostics GroupLtd (SZSE:300244)
Jul 12Dian Diagnostics GroupLtd (SZSE:300244) Will Pay A Smaller Dividend Than Last Year
Jun 10Dian Diagnostics GroupLtd (SZSE:300244) Seems To Use Debt Quite Sensibly
May 24Dian Diagnostics Group Co.,Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 30Investors Holding Back On Dian Diagnostics Group Co.,Ltd. (SZSE:300244)
Apr 22Financial Position Analysis
Short Term Liabilities: 300244's short term assets (CN¥12.8B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: 300244's short term assets (CN¥12.8B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 300244's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 300244's debt to equity ratio has reduced from 63.2% to 39.9% over the past 5 years.
Debt Coverage: 300244's debt is well covered by operating cash flow (42.6%).
Interest Coverage: 300244's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 16:04 |
| End of Day Share Price | 2024/12/31 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Dian Diagnostics Group Co.,Ltd. is covered by 19 analysts. 11 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 |
|---|---|
| Shuchang Liu | Changjiang Securities Co. LTD. |
| Yolanda Yin | China Galaxy International Securities (Hong Kong) |
| Pei Cheng | China Galaxy Securities Co., Ltd. |