Shanghai DOBE Cultural & Creative Industry Development (Group)Co Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai DOBE Cultural & Creative Industry Development (Group)Co has a total shareholder equity of CN¥1.4B and total debt of CN¥579.0M, which brings its debt-to-equity ratio to 42.2%. Its total assets and total liabilities are CN¥6.1B and CN¥4.7B respectively. Shanghai DOBE Cultural & Creative Industry Development (Group)Co's EBIT is CN¥194.2M making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥487.5M.
Key information
42.2%
Debt to equity ratio
CN¥578.97m
Debt
| Interest coverage ratio | 1.3x |
| Cash | CN¥487.52m |
| Equity | CN¥1.37b |
| Total liabilities | CN¥4.75b |
| Total assets | CN¥6.12b |
Recent financial health updates
No updates
Recent updates
Statutory Profit Doesn't Reflect How Good Shanghai DOBE Cultural & Creative Industry Development (Group)Co's (SZSE:300947) Earnings Are
Nov 04
Shanghai DOBE Cultural & Creative Industry Development (Group)Co. LTD. (SZSE:300947) Looks Just Right With A 27% Price Jump
Sep 27Shanghai DOBE Cultural & Creative Industry Development (Group)Co. LTD.'s (SZSE:300947) Shares Climb 28% But Its Business Is Yet to Catch Up
Jul 21Shanghai DOBE Cultural & Creative Industry Development (Group)Co. LTD.'s (SZSE:300947) 98% Share Price Surge Not Quite Adding Up
May 27Shanghai DOBE Cultural & Creative Industry Development (Group)Co. LTD.'s (SZSE:300947) Popularity With Investors Under Threat As Stock Sinks 26%
Feb 29Financial Position Analysis
Short Term Liabilities: 300947's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 300947's short term assets (CN¥1.3B) do not cover its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 300947's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 300947's debt to equity ratio has increased from 0.8% to 42.2% over the past 5 years.
Debt Coverage: 300947's debt is well covered by operating cash flow (137.5%).
Interest Coverage: 300947's interest payments on its debt are not well covered by EBIT (1.3x coverage).