Newland Digital TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Newland Digital TechnologyLtd has a total shareholder equity of CN¥7.4B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are CN¥12.6B and CN¥5.2B respectively. Newland Digital TechnologyLtd's EBIT is CN¥1.2B making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥4.1B.
Key information
16.7%
Debt to equity ratio
CN¥1.23b
Debt
| Interest coverage ratio | -7.3x |
| Cash | CN¥4.08b |
| Equity | CN¥7.37b |
| Total liabilities | CN¥5.25b |
| Total assets | CN¥12.62b |
Recent financial health updates
Is Newland Digital TechnologyLtd (SZSE:000997) A Risky Investment?
Dec 09
Newland Digital TechnologyLtd (SZSE:000997) Has A Rock Solid Balance Sheet
Aug 19Recent updates
Is Newland Digital TechnologyLtd (SZSE:000997) A Risky Investment?
Dec 09Improved Revenues Required Before Newland Digital Technology Co.,Ltd. (SZSE:000997) Stock's 31% Jump Looks Justified
Nov 11Statutory Profit Doesn't Reflect How Good Newland Digital TechnologyLtd's (SZSE:000997) Earnings Are
Nov 01Investors Will Want Newland Digital TechnologyLtd's (SZSE:000997) Growth In ROCE To Persist
Oct 13Newland Digital Technology Co.,Ltd.'s (SZSE:000997) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Sep 27Revenue Downgrade: Here's What Analysts Forecast For Newland Digital Technology Co.,Ltd. (SZSE:000997)
Aug 28Newland Digital TechnologyLtd (SZSE:000997) Has A Rock Solid Balance Sheet
Aug 19Little Excitement Around Newland Digital Technology Co.,Ltd.'s (SZSE:000997) Revenues
Aug 01Newland Digital TechnologyLtd (SZSE:000997) Is Doing The Right Things To Multiply Its Share Price
Jul 13Is Newland Digital Technology Co.,Ltd. (SZSE:000997) Expensive For A Reason? A Look At Its Intrinsic Value
Jun 24Newland Digital TechnologyLtd's (SZSE:000997) Strong Earnings Are Of Good Quality
Apr 29Newland Digital TechnologyLtd (SZSE:000997) Shareholders Will Want The ROCE Trajectory To Continue
Mar 25Newland Digital Technology Co.,Ltd. (SZSE:000997) Stock Catapults 28% Though Its Price And Business Still Lag The Industry
Mar 04Financial Position Analysis
Short Term Liabilities: 000997's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥5.1B).
Long Term Liabilities: 000997's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥160.7M).
Debt to Equity History and Analysis
Debt Level: 000997 has more cash than its total debt.
Reducing Debt: 000997's debt to equity ratio has reduced from 21.5% to 16.7% over the past 5 years.
Debt Coverage: 000997's debt is well covered by operating cash flow (57.3%).
Interest Coverage: 000997 earns more interest than it pays, so 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 | 2024/12/24 12:23 |
| End of Day Share Price | 2024/12/24 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
Newland Digital Technology Co.,Ltd. is covered by 16 analysts. 5 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 |
|---|---|
| Kai Qian | China International Capital Corporation Limited |
| Yuping Liu | China Merchants Securities Co. Ltd. |
| Yun-Yin Wang | China Renaissance Securities |