Dashang Balance Sheet Health
Financial Health criteria checks 6/6
Dashang has a total shareholder equity of CN¥8.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥17.6B and CN¥8.6B respectively. Dashang's EBIT is CN¥981.6M making its interest coverage ratio 10. It has cash and short-term investments of CN¥4.6B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 10x |
| Cash | CN¥4.61b |
| Equity | CN¥8.95b |
| Total liabilities | CN¥8.64b |
| Total assets | CN¥17.59b |
Recent financial health updates
No updates
Recent updates
Dashang Co., Ltd.'s (SHSE:600694) Shares Bounce 27% But Its Business Still Trails The Market
Dec 04
A Look At The Fair Value Of Dashang Co., Ltd. (SHSE:600694)
Oct 17Dashang (SHSE:600694) Is Increasing Its Dividend To CN¥1.00
Jun 07Dashang's (SHSE:600694) Soft Earnings Don't Show The Whole Picture
Apr 25Financial Position Analysis
Short Term Liabilities: 600694's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥5.6B).
Long Term Liabilities: 600694's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 600694 is debt free.
Reducing Debt: 600694 has no debt compared to 5 years ago when its debt to equity ratio was 11%.
Debt Coverage: 600694 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600694 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:35 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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 .
Analyst Sources
Dashang Co., Ltd. is covered by 10 analysts. 2 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 |
|---|---|
| Zhuonan Xu | China International Capital Corporation Limited |
| Jierui Wang | China International Capital Corporation Limited |
| Caroline Li | Goldman Sachs |