Shandong Dawn PolymerLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shandong Dawn PolymerLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are CN¥5.8B and CN¥2.5B respectively. Shandong Dawn PolymerLtd's EBIT is CN¥181.3M making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥463.7M.
Key information
38.8%
Debt to equity ratio
CN¥1.27b
Debt
| Interest coverage ratio | 5.6x |
| Cash | CN¥463.65m |
| Equity | CN¥3.26b |
| Total liabilities | CN¥2.54b |
| Total assets | CN¥5.80b |
Recent financial health updates
Recent updates
There's Reason For Concern Over Shandong Dawn Polymer Co.,Ltd.'s (SZSE:002838) Massive 36% Price Jump
Oct 22
Returns On Capital At Shandong Dawn PolymerLtd (SZSE:002838) Paint A Concerning Picture
Oct 21Shandong Dawn PolymerLtd's (SZSE:002838) Dividend Is Being Reduced To CN¥0.065
Jun 24Getting In Cheap On Shandong Dawn Polymer Co.,Ltd. (SZSE:002838) Is Unlikely
Jun 07Earnings Troubles May Signal Larger Issues for Shandong Dawn PolymerLtd (SZSE:002838) Shareholders
Apr 08Shandong Dawn PolymerLtd (SZSE:002838) Has A Somewhat Strained Balance Sheet
Mar 27Shandong Dawn Polymer Co.,Ltd.'s (SZSE:002838) Shares May Have Run Too Fast Too Soon
Feb 28Financial Position Analysis
Short Term Liabilities: 002838's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002838's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥645.8M).
Debt to Equity History and Analysis
Debt Level: 002838's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: 002838's debt to equity ratio has increased from 32.1% to 38.8% over the past 5 years.
Debt Coverage: 002838's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002838's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 08:01 |
| 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 |
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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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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
Shandong Dawn Polymer Co.,Ltd. is covered by 4 analysts. 0 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 |
|---|---|
| Zheng Zhou | China Merchants Securities Co. Ltd. |
| Xiao Bao Liu | Everbright Securities Co. Ltd. |
| Miao Su | Guosen Securities Co., Ltd. |