Digital China Group Co., Ltd.

SZSE:000034 Stock Report

Market Cap: CN¥23.7b

Digital China Group Balance Sheet Health

Financial Health criteria checks 4/6

Digital China Group has a total shareholder equity of CN¥10.1B and total debt of CN¥15.5B, which brings its debt-to-equity ratio to 154.2%. Its total assets and total liabilities are CN¥45.0B and CN¥34.9B respectively. Digital China Group's EBIT is CN¥2.6B making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥4.7B.

Key information

154.2%

Debt to equity ratio

CN¥15.51b

Debt

Interest coverage ratio3.4x
CashCN¥4.70b
EquityCN¥10.05b
Total liabilitiesCN¥34.92b
Total assetsCN¥44.97b

Recent financial health updates

Digital China Group (SZSE:000034) Takes On Some Risk With Its Use Of Debt

Oct 31
Digital China Group (SZSE:000034) Takes On Some Risk With Its Use Of Debt

Is Digital China Group (SZSE:000034) A Risky Investment?

Jul 12
Is Digital China Group (SZSE:000034) A Risky Investment?

Recent updates

Is Digital China Group Co., Ltd. (SZSE:000034) Trading At A 31% Discount?

Nov 21
Is Digital China Group Co., Ltd. (SZSE:000034) Trading At A 31% Discount?

Digital China Group's (SZSE:000034) Earnings Seem To Be Promising

Nov 06
Digital China Group's (SZSE:000034) Earnings Seem To Be Promising

Digital China Group (SZSE:000034) Takes On Some Risk With Its Use Of Debt

Oct 31
Digital China Group (SZSE:000034) Takes On Some Risk With Its Use Of Debt

There's No Escaping Digital China Group Co., Ltd.'s (SZSE:000034) Muted Earnings Despite A 25% Share Price Rise

Sep 30
There's No Escaping Digital China Group Co., Ltd.'s (SZSE:000034) Muted Earnings Despite A 25% Share Price Rise

Digital China Group (SZSE:000034) Ticks All The Boxes When It Comes To Earnings Growth

Sep 16
Digital China Group (SZSE:000034) Ticks All The Boxes When It Comes To Earnings Growth

Digital China Group (SZSE:000034) Will Be Hoping To Turn Its Returns On Capital Around

Aug 13
Digital China Group (SZSE:000034) Will Be Hoping To Turn Its Returns On Capital Around

Is Digital China Group (SZSE:000034) A Risky Investment?

Jul 12
Is Digital China Group (SZSE:000034) A Risky Investment?

Digital China Group Co., Ltd. (SZSE:000034) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough

Jun 25
Digital China Group Co., Ltd. (SZSE:000034) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough

With EPS Growth And More, Digital China Group (SZSE:000034) Makes An Interesting Case

Jun 05
With EPS Growth And More, Digital China Group (SZSE:000034) Makes An Interesting Case

Digital China Group's (SZSE:000034) Upcoming Dividend Will Be Larger Than Last Year's

Apr 30
Digital China Group's (SZSE:000034) Upcoming Dividend Will Be Larger Than Last Year's

Digital China Group (SZSE:000034) May Have Issues Allocating Its Capital

Mar 18
Digital China Group (SZSE:000034) May Have Issues Allocating Its Capital

Digital China Group Co., Ltd. (SZSE:000034) Stock Catapults 25% Though Its Price And Business Still Lag The Market

Feb 29
Digital China Group Co., Ltd. (SZSE:000034) Stock Catapults 25% Though Its Price And Business Still Lag The Market

Financial Position Analysis

Short Term Liabilities: 000034's short term assets (CN¥35.8B) exceed its short term liabilities (CN¥30.3B).

Long Term Liabilities: 000034's short term assets (CN¥35.8B) exceed its long term liabilities (CN¥4.7B).

Debt to Equity History and Analysis

Debt Level: 000034's net debt to equity ratio (107.5%) is considered high.

Reducing Debt: 000034's debt to equity ratio has reduced from 264.9% to 154.2% over the past 5 years.

Debt Coverage: 000034's debt is not well covered by operating cash flow (9.4%).

Interest Coverage: 000034's interest payments on its debt are well covered by EBIT (3.4x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 01:41
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Digital China Group Co., Ltd. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zejing LiuChina Merchants Securities Co. Ltd.
Yayuan HuangCitic Securities Co., Ltd.
Chunsheng XieHuatai Research