DeHua TB New Decoration MaterialLtd Balance Sheet Health
Financial Health criteria checks 6/6
DeHua TB New Decoration MaterialLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥40.6M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥5.6B and CN¥2.6B respectively. DeHua TB New Decoration MaterialLtd's EBIT is CN¥795.0M making its interest coverage ratio -8.2. It has cash and short-term investments of CN¥1.6B.
Key information
1.3%
Debt to equity ratio
CN¥40.57m
Debt
| Interest coverage ratio | -8.2x |
| Cash | CN¥1.58b |
| Equity | CN¥3.06b |
| Total liabilities | CN¥2.58b |
| Total assets | CN¥5.64b |
Recent financial health updates
Recent updates
DeHua TB New Decoration MaterialLtd (SZSE:002043) Could Become A Multi-Bagger
Dec 02
DeHua TB New Decoration Material Co.,Ltd's (SZSE:002043) Intrinsic Value Is Potentially 79% Above Its Share Price
Nov 16DeHua TB New Decoration Material Co.,Ltd's (SZSE:002043) Business And Shares Still Trailing The Market
Oct 16Is DeHua TB New Decoration MaterialLtd (SZSE:002043) Using Too Much Debt?
Oct 01Many Would Be Envious Of DeHua TB New Decoration MaterialLtd's (SZSE:002043) Excellent Returns On Capital
Aug 01Improved Earnings Required Before DeHua TB New Decoration Material Co.,Ltd (SZSE:002043) Shares Find Their Feet
Jul 12Investors Shouldn't Be Too Comfortable With DeHua TB New Decoration MaterialLtd's (SZSE:002043) Earnings
May 05DeHua TB New Decoration MaterialLtd (SZSE:002043) Is Aiming To Keep Up Its Impressive Returns
Mar 19Financial Position Analysis
Short Term Liabilities: 002043's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 002043's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥60.2M).
Debt to Equity History and Analysis
Debt Level: 002043 has more cash than its total debt.
Reducing Debt: 002043's debt to equity ratio has reduced from 49.1% to 1.3% over the past 5 years.
Debt Coverage: 002043's debt is well covered by operating cash flow (3588.1%).
Interest Coverage: 002043 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 | 2024/12/23 14:42 |
| End of Day Share Price | 2024/12/23 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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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
DeHua TB New Decoration Material Co.,Ltd is covered by 12 analysts. 7 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 |
|---|---|
| Chao Fan | Changjiang Securities Co. LTD. |
| Mingxin Sun | Citic Securities Co., Ltd. |
| Wei Zhou | Founder Securities Co., Ltd. |