Danhua Chemical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Danhua Chemical TechnologyLtd has a total shareholder equity of CN¥523.6M and total debt of CN¥203.1M, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are CN¥1.3B and CN¥824.5M respectively.
Key information
38.8%
Debt to equity ratio
CN¥203.08m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥21.35m |
| Equity | CN¥523.56m |
| Total liabilities | CN¥824.52m |
| Total assets | CN¥1.35b |
Recent financial health updates
No updates
Recent updates
Danhua Chemical Technology Co.,Ltd's (SHSE:600844) 28% Price Boost Is Out Of Tune With Revenues
Nov 14
Pinning Down Danhua Chemical Technology Co.,Ltd's (SHSE:600844) P/S Is Difficult Right Now
Jul 23More Unpleasant Surprises Could Be In Store For Danhua Chemical Technology Co.,Ltd's (SHSE:600844) Shares After Tumbling 26%
Apr 22Optimistic Investors Push Danhua Chemical Technology Co.,Ltd (SHSE:600844) Shares Up 25% But Growth Is Lacking
Mar 08Financial Position Analysis
Short Term Liabilities: 600844's short term assets (CN¥136.5M) do not cover its short term liabilities (CN¥747.5M).
Long Term Liabilities: 600844's short term assets (CN¥136.5M) exceed its long term liabilities (CN¥77.0M).
Debt to Equity History and Analysis
Debt Level: 600844's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: 600844's debt to equity ratio has increased from 15.4% to 38.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 600844 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 600844 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.5% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:28 |
| End of Day Share Price | 2024/12/20 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 |
| |
| 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
Danhua Chemical Technology Co.,Ltd is covered by 6 analysts. 0 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 |
|---|---|
| Quanzhi Lu | Avic Securities Co., Ltd |
| Xuesong Shi | China International Capital Corporation Limited |
| Zhe Liu | China Merchants Securities Co. Ltd. |