Darbond Technology Co., Ltd

SHSE:688035 Stock Report

Market Cap: CN¥5.4b

Darbond Technology Balance Sheet Health

Financial Health criteria checks 6/6

Darbond Technology has a total shareholder equity of CN¥2.3B and total debt of CN¥117.6M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CN¥2.8B and CN¥474.2M respectively. Darbond Technology's EBIT is CN¥56.6M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥672.7M.

Key information

5.2%

Debt to equity ratio

CN¥117.60m

Debt

Interest coverage ratio-2.6x
CashCN¥672.69m
EquityCN¥2.28b
Total liabilitiesCN¥474.17m
Total assetsCN¥2.76b

Recent financial health updates

Recent updates

Darbond Technology's (SHSE:688035) Anemic Earnings Might Be Worse Than You Think

Nov 06
Darbond Technology's (SHSE:688035) Anemic Earnings Might Be Worse Than You Think

Darbond Technology Co., Ltd (SHSE:688035) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected

Nov 01
Darbond Technology Co., Ltd (SHSE:688035) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected

Darbond Technology's (SHSE:688035) Problems Go Beyond Weak Profit

Apr 27
Darbond Technology's (SHSE:688035) Problems Go Beyond Weak Profit

Is Darbond Technology (SHSE:688035) Using Too Much Debt?

Apr 21
Is Darbond Technology (SHSE:688035) Using Too Much Debt?

Why Investors Shouldn't Be Surprised By Darbond Technology Co., Ltd's (SHSE:688035) 26% Share Price Surge

Mar 04
Why Investors Shouldn't Be Surprised By Darbond Technology Co., Ltd's (SHSE:688035) 26% Share Price Surge

Investors Could Be Concerned With Darbond Technology's (SHSE:688035) Returns On Capital

Feb 26
Investors Could Be Concerned With Darbond Technology's (SHSE:688035) Returns On Capital

Financial Position Analysis

Short Term Liabilities: 688035's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥417.0M).

Long Term Liabilities: 688035's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥57.2M).


Debt to Equity History and Analysis

Debt Level: 688035 has more cash than its total debt.

Reducing Debt: 688035's debt to equity ratio has reduced from 13.3% to 5.2% over the past 5 years.

Debt Coverage: 688035's debt is well covered by operating cash flow (97.3%).

Interest Coverage: 688035 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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