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) Takes On Some Risk With Its Use Of Debt
Sep 26
Here's Why Guangdong Dowstone Technology (SZSE:300409) Has A Meaningful Debt Burden
May 28Recent updates
Guangdong 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).