Daheng New Epoch Technology Balance Sheet Health
Financial Health criteria checks 5/6
Daheng New Epoch Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥89.7M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥3.2B and CN¥962.4M respectively.
Key information
4.1%
Debt to equity ratio
CN¥89.70m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥663.92m |
| Equity | CN¥2.19b |
| Total liabilities | CN¥962.38m |
| Total assets | CN¥3.15b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600288's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥947.8M).
Long Term Liabilities: 600288's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥14.6M).
Debt to Equity History and Analysis
Debt Level: 600288 has more cash than its total debt.
Reducing Debt: 600288's debt to equity ratio has reduced from 11.8% to 4.1% over the past 5 years.
Debt Coverage: 600288's debt is well covered by operating cash flow (58.1%).
Interest Coverage: Insufficient data to determine if 600288's interest payments on its debt are well covered by EBIT.