Doctorglasses Chain Co.,Ltd.

SZSE:300622 Stock Report

Market Cap: CN¥10.0b

Doctorglasses ChainLtd Balance Sheet Health

Financial Health criteria checks 5/6

Doctorglasses ChainLtd has a total shareholder equity of CN¥800.6M and total debt of CN¥33.3M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥1.3B and CN¥483.9M respectively. Doctorglasses ChainLtd's EBIT is CN¥135.8M making its interest coverage ratio -11.3. It has cash and short-term investments of CN¥191.5M.

Key information

4.2%

Debt to equity ratio

CN¥33.25m

Debt

Interest coverage ratio-11.3x
CashCN¥191.54m
EquityCN¥800.55m
Total liabilitiesCN¥483.89m
Total assetsCN¥1.28b

Recent financial health updates

Here's Why Doctorglasses ChainLtd (SZSE:300622) Can Manage Its Debt Responsibly

Nov 24
Here's Why Doctorglasses ChainLtd (SZSE:300622) Can Manage Its Debt Responsibly

Recent updates

What Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) 32% Share Price Gain Is Not Telling You

Dec 20
What Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) 32% Share Price Gain Is Not Telling You

Here's Why Doctorglasses ChainLtd (SZSE:300622) Can Manage Its Debt Responsibly

Nov 24
Here's Why Doctorglasses ChainLtd (SZSE:300622) Can Manage Its Debt Responsibly

There's Reason For Concern Over Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) Massive 25% Price Jump

Nov 05
There's Reason For Concern Over Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) Massive 25% Price Jump

Investors Will Want Doctorglasses ChainLtd's (SZSE:300622) Growth In ROCE To Persist

Oct 02
Investors Will Want Doctorglasses ChainLtd's (SZSE:300622) Growth In ROCE To Persist

Some Confidence Is Lacking In Doctorglasses Chain Co.,Ltd. (SZSE:300622) As Shares Slide 27%

Sep 15
Some Confidence Is Lacking In Doctorglasses Chain Co.,Ltd. (SZSE:300622) As Shares Slide 27%

Estimating The Fair Value Of Doctorglasses Chain Co.,Ltd. (SZSE:300622)

Aug 28
Estimating The Fair Value Of Doctorglasses Chain Co.,Ltd. (SZSE:300622)

Investors Appear Satisfied With Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) Prospects As Shares Rocket 38%

Jul 30
Investors Appear Satisfied With Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) Prospects As Shares Rocket 38%

Solid Earnings Reflect Doctorglasses ChainLtd's (SZSE:300622) Strength As A Business

Apr 09
Solid Earnings Reflect Doctorglasses ChainLtd's (SZSE:300622) Strength As A Business

Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) Shares Bounce 28% But Its Business Still Trails The Market

Mar 07
Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) Shares Bounce 28% But Its Business Still Trails The Market

Financial Position Analysis

Short Term Liabilities: 300622's short term assets (CN¥833.0M) exceed its short term liabilities (CN¥390.2M).

Long Term Liabilities: 300622's short term assets (CN¥833.0M) exceed its long term liabilities (CN¥93.7M).

Debt to Equity History and Analysis

Debt Level: 300622 has more cash than its total debt.

Reducing Debt: 300622's debt to equity ratio has increased from 0% to 4.2% over the past 5 years.

Debt Coverage: 300622's debt is well covered by operating cash flow (770.4%).

Interest Coverage: 300622 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 08:35
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Doctorglasses Chain Co.,Ltd. is covered by 4 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.

AnalystInstitution
Zhong Ping ZhaoChina Merchants Securities Co. Ltd.
Jia Ren LiuIndustrial Securities Co. Ltd.
Wenzheng LiuMinsheng Securities Co.