Wuxi DK Electronic Materials Co.,Ltd.

SZSE:300842 Stock Report

Market Cap: CN¥6.5b

Wuxi DK Electronic MaterialsLtd Balance Sheet Health

Financial Health criteria checks 3/6

Wuxi DK Electronic MaterialsLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 213.2%. Its total assets and total liabilities are CN¥8.6B and CN¥7.1B respectively. Wuxi DK Electronic MaterialsLtd's EBIT is CN¥642.9M making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥1.9B.

Key information

213.2%

Debt to equity ratio

CN¥3.37b

Debt

Interest coverage ratio4.7x
CashCN¥1.94b
EquityCN¥1.58b
Total liabilitiesCN¥7.06b
Total assetsCN¥8.64b

Recent financial health updates

Recent updates

We Think Wuxi DK Electronic MaterialsLtd's (SZSE:300842) Solid Earnings Are Understated

Nov 07
We Think Wuxi DK Electronic MaterialsLtd's (SZSE:300842) Solid Earnings Are Understated

Investors Still Aren't Entirely Convinced By Wuxi DK Electronic Materials Co.,Ltd.'s (SZSE:300842) Earnings Despite 49% Price Jump

Oct 09
Investors Still Aren't Entirely Convinced By Wuxi DK Electronic Materials Co.,Ltd.'s (SZSE:300842) Earnings Despite 49% Price Jump

Investors Continue Waiting On Sidelines For Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842)

Jul 25
Investors Continue Waiting On Sidelines For Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842)

Here's Why Wuxi DK Electronic MaterialsLtd (SZSE:300842) Can Manage Its Debt Responsibly

Jun 09
Here's Why Wuxi DK Electronic MaterialsLtd (SZSE:300842) Can Manage Its Debt Responsibly

Here's Why Wuxi DK Electronic MaterialsLtd (SZSE:300842) Has Caught The Eye Of Investors

May 22
Here's Why Wuxi DK Electronic MaterialsLtd (SZSE:300842) Has Caught The Eye Of Investors

Wuxi DK Electronic MaterialsLtd's (SZSE:300842) Promising Earnings May Rest On Soft Foundations

May 03
Wuxi DK Electronic MaterialsLtd's (SZSE:300842) Promising Earnings May Rest On Soft Foundations

Should You Investigate Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842) At CN¥73.10?

Mar 26
Should You Investigate Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842) At CN¥73.10?

Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842) Held Back By Insufficient Growth Even After Shares Climb 26%

Mar 05
Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842) Held Back By Insufficient Growth Even After Shares Climb 26%

Analysts' Revenue Estimates For Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842) Are Surging Higher

Mar 04
Analysts' Revenue Estimates For Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842) Are Surging Higher

Financial Position Analysis

Short Term Liabilities: 300842's short term assets (CN¥8.0B) exceed its short term liabilities (CN¥7.0B).

Long Term Liabilities: 300842's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥65.0M).


Debt to Equity History and Analysis

Debt Level: 300842's net debt to equity ratio (90.5%) is considered high.

Reducing Debt: 300842's debt to equity ratio has increased from 86.6% to 213.2% over the past 5 years.

Debt Coverage: 300842's debt is not well covered by operating cash flow (14.3%).

Interest Coverage: 300842's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet


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