Guangdong Dowstone Technology Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Dowstone Technology has a total shareholder equity of CN¥6.8B and total debt of CN¥6.0B, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are CN¥14.7B and CN¥7.9B respectively. Guangdong Dowstone Technology's EBIT is CN¥361.0M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥3.1B.
Key information
88.0%
Debt to equity ratio
CN¥5.99b
Debt
| Interest coverage ratio | 4.9x |
| Cash | CN¥3.06b |
| Equity | CN¥6.80b |
| Total liabilities | CN¥7.93b |
| Total assets | CN¥14.73b |
Recent financial health updates
Guangdong Dowstone Technology (SZSE:300409) Has A Somewhat Strained Balance Sheet
Feb 07
Guangdong Dowstone Technology (SZSE:300409) Takes On Some Risk With Its Use Of Debt
Sep 26Here's Why Guangdong Dowstone Technology (SZSE:300409) Has A Meaningful Debt Burden
May 28Recent updates
Guangdong Dowstone Technology (SZSE:300409) Has A Somewhat Strained Balance Sheet
Feb 07Guangdong Dowstone Technology (SZSE:300409) Is Reinvesting At Lower Rates Of Return
Jan 03Guangdong Dowstone Technology Co., Ltd. (SZSE:300409) Stock Rockets 32% But Many Are Still Ignoring The Company
Nov 14Is Now An Opportune Moment To Examine Guangdong Dowstone Technology Co., Ltd. (SZSE:300409)?
Nov 13Guangdong Dowstone Technology Co., Ltd. (SZSE:300409) Surges 30% Yet Its Low P/S Is No Reason For Excitement
Sep 30Guangdong Dowstone Technology (SZSE:300409) Takes On Some Risk With Its Use Of Debt
Sep 26Capital Allocation Trends At Guangdong Dowstone Technology (SZSE:300409) Aren't Ideal
Jun 26Here's Why Guangdong Dowstone Technology (SZSE:300409) Has A Meaningful Debt Burden
May 28Guangdong Dowstone Technology's (SZSE:300409) Earnings May Just Be The Starting Point
May 01Market Might Still Lack Some Conviction On Guangdong Dowstone Technology Co., Ltd. (SZSE:300409) Even After 33% Share Price Boost
Apr 12Financial Position Analysis
Short Term Liabilities: 300409's short term assets (CN¥7.8B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 300409's short term assets (CN¥7.8B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 300409's net debt to equity ratio (43%) is considered high.
Reducing Debt: 300409's debt to equity ratio has increased from 62.2% to 88% over the past 5 years.
Debt Coverage: 300409's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 300409's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 11:41 |
| End of Day Share Price | 2025/02/07 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Guangdong Dowstone Technology Co., Ltd. is covered by 4 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 |
|---|---|
| Jingjing Wang | China Merchants Securities Co. Ltd. |
| Zhu Bing Yan | Ping An Securities Co. Ltd. |
| Xiaoya Sun | Tianfeng Securities Brokerage Co., Ltd |