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 |
| Cash | CN¥672.69m |
| Equity | CN¥2.28b |
| Total liabilities | CN¥474.17m |
| Total assets | CN¥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 Co., Ltd (SHSE:688035) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Nov 01Darbond Technology's (SHSE:688035) Problems Go Beyond Weak Profit
Apr 27Is Darbond Technology (SHSE:688035) Using Too Much Debt?
Apr 21Why Investors Shouldn't Be Surprised By Darbond Technology Co., Ltd's (SHSE:688035) 26% Share Price Surge
Mar 04Investors Could Be Concerned With Darbond Technology's (SHSE:688035) Returns On Capital
Feb 26Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:17 |
| 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 |
| |
| 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
Darbond Technology Co., Ltd is covered by 1 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 |
|---|---|
| Zhe Wang | Citic Securities Co., Ltd. |