Do-Fluoride New Materials Co., Ltd.

SZSE:002407 Stock Report

Market Cap: CN¥13.9b

Do-Fluoride New Materials Balance Sheet Health

Financial Health criteria checks 5/6

Do-Fluoride New Materials has a total shareholder equity of CN¥11.4B and total debt of CN¥6.1B, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are CN¥22.5B and CN¥11.1B respectively. Do-Fluoride New Materials's EBIT is CN¥85.1M making its interest coverage ratio -3.9. It has cash and short-term investments of CN¥6.0B.

Key information

53.2%

Debt to equity ratio

CN¥6.06b

Debt

Interest coverage ratio-3.9x
CashCN¥6.02b
EquityCN¥11.40b
Total liabilitiesCN¥11.08b
Total assetsCN¥22.48b

Recent financial health updates

Recent updates

Is Do-Fluoride New Materials (SZSE:002407) Using Too Much Debt?

Oct 30
Is Do-Fluoride New Materials (SZSE:002407) Using Too Much Debt?

Do-Fluoride New Materials Co., Ltd. (SZSE:002407) Looks Just Right With A 39% Price Jump

Oct 08
Do-Fluoride New Materials Co., Ltd. (SZSE:002407) Looks Just Right With A 39% Price Jump

Investors Holding Back On Do-Fluoride New Materials Co., Ltd. (SZSE:002407)

Aug 14
Investors Holding Back On Do-Fluoride New Materials Co., Ltd. (SZSE:002407)

Investors Will Want Do-Fluoride New Materials' (SZSE:002407) Growth In ROCE To Persist

Jul 16
Investors Will Want Do-Fluoride New Materials' (SZSE:002407) Growth In ROCE To Persist

Is Do-Fluoride New Materials (SZSE:002407) A Risky Investment?

May 25
Is Do-Fluoride New Materials (SZSE:002407) A Risky Investment?

We Think That There Are More Issues For Do-Fluoride New Materials (SZSE:002407) Than Just Sluggish Earnings

Apr 04
We Think That There Are More Issues For Do-Fluoride New Materials (SZSE:002407) Than Just Sluggish Earnings

Returns On Capital At Do-Fluoride New Materials (SZSE:002407) Have Stalled

Mar 26
Returns On Capital At Do-Fluoride New Materials (SZSE:002407) Have Stalled

Market Still Lacking Some Conviction On Do-Fluoride New Materials Co., Ltd. (SZSE:002407)

Feb 29
Market Still Lacking Some Conviction On Do-Fluoride New Materials Co., Ltd. (SZSE:002407)

Financial Position Analysis

Short Term Liabilities: 002407's short term assets (CN¥10.5B) exceed its short term liabilities (CN¥7.1B).

Long Term Liabilities: 002407's short term assets (CN¥10.5B) exceed its long term liabilities (CN¥4.0B).


Debt to Equity History and Analysis

Debt Level: 002407's net debt to equity ratio (0.3%) is considered satisfactory.

Reducing Debt: 002407's debt to equity ratio has reduced from 70.9% to 53.2% over the past 5 years.

Debt Coverage: 002407's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 002407 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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