Paslin Digital Technology Balance Sheet Health
Financial Health criteria checks 2/6
Paslin Digital Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are CN¥3.6B and CN¥1.6B respectively. Paslin Digital Technology's EBIT is CN¥43.2M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥19.6M.
Key information
52.9%
Debt to equity ratio
CN¥1.06b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥19.63m |
| Equity | CN¥2.00b |
| Total liabilities | CN¥1.58b |
| Total assets | CN¥3.58b |
Recent financial health updates
Recent updates
Paslin Digital Technology (SHSE:600215) Seems To Be Using A Lot Of Debt
Dec 05
Subdued Growth No Barrier To Paslin Digital Technology Co., Ltd. (SHSE:600215) With Shares Advancing 27%
Nov 13Paslin Digital Technology's (SHSE:600215) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 05We Think That There Are More Issues For Paslin Digital Technology (SHSE:600215) Than Just Sluggish Earnings
May 02We Ran A Stock Scan For Earnings Growth And Paslin Digital Technology (SHSE:600215) Passed With Ease
Apr 25Paslin Digital Technology Co., Ltd.'s (SHSE:600215) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Mar 13Financial Position Analysis
Short Term Liabilities: 600215's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 600215's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥225.0M).
Debt to Equity History and Analysis
Debt Level: 600215's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: 600215's debt to equity ratio has increased from 0% to 52.9% over the past 5 years.
Debt Coverage: 600215's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600215's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:42 |
| 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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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
Paslin Digital Technology Co., Ltd. is covered by 1 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 |
|---|---|
| Jiancong Yuan | Citic Securities Co., Ltd. |