Dirui IndustrialLtd Balance Sheet Health
Financial Health criteria checks 4/6
Dirui IndustrialLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥385.1M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are CN¥3.1B and CN¥974.6M respectively. Dirui IndustrialLtd's EBIT is CN¥212.6M making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥491.0M.
Key information
18.4%
Debt to equity ratio
CN¥385.10m
Debt
| Interest coverage ratio | -5.2x |
| Cash | CN¥491.02m |
| Equity | CN¥2.10b |
| Total liabilities | CN¥974.55m |
| Total assets | CN¥3.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300396's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥928.5M).
Long Term Liabilities: 300396's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥46.1M).
Debt to Equity History and Analysis
Debt Level: 300396 has more cash than its total debt.
Reducing Debt: 300396's debt to equity ratio has increased from 7.7% to 18.4% over the past 5 years.
Debt Coverage: 300396's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300396 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 | 2024/12/19 10:05 |
| End of Day Share Price | 2024/12/19 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Dirui Industrial Co.,Ltd. is covered by 5 analysts. 1 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. |
| Lingfei Kong | Huatai Research |
| Jiaxi Xu | Industrial Securities Co. Ltd. |