Guangdong DFP New Material Group Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong DFP New Material Group has a total shareholder equity of CN¥5.7B and total debt of CN¥475.2M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are CN¥6.9B and CN¥1.3B respectively.
Key information
8.4%
Debt to equity ratio
CN¥475.24m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.93b |
| Equity | CN¥5.65b |
| Total liabilities | CN¥1.26b |
| Total assets | CN¥6.91b |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To Guangdong DFP New Material Group Co., Ltd. (SHSE:601515) With Shares Advancing 26%
Nov 24
Subdued Growth No Barrier To Guangdong DFP New Material Group Co., Ltd. (SHSE:601515) With Shares Advancing 33%
Oct 01Does Guangdong DFP New Material Group (SHSE:601515) Have A Healthy Balance Sheet?
Aug 19Guangdong DFP New Material Group Co., Ltd.'s (SHSE:601515) Popularity With Investors Under Threat As Stock Sinks 27%
Jul 23Guangdong DFP New Material Group Co., Ltd.'s (SHSE:601515) Share Price Could Signal Some Risk
May 24Financial Position Analysis
Short Term Liabilities: 601515's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥540.5M).
Long Term Liabilities: 601515's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥717.4M).
Debt to Equity History and Analysis
Debt Level: 601515 has more cash than its total debt.
Reducing Debt: 601515's debt to equity ratio has reduced from 19.6% to 8.4% over the past 5 years.
Debt Coverage: 601515's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: Insufficient data to determine if 601515's interest payments on its debt are well covered by EBIT.