Shenzhen Tianyuan DIC Information Technology Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Tianyuan DIC Information Technology has a total shareholder equity of CN¥3.6B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are CN¥6.4B and CN¥2.8B respectively. Shenzhen Tianyuan DIC Information Technology's EBIT is CN¥177.5M making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥293.6M.
Key information
57.9%
Debt to equity ratio
CN¥2.11b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CN¥293.63m |
| Equity | CN¥3.64b |
| Total liabilities | CN¥2.81b |
| Total assets | CN¥6.45b |
Recent financial health updates
Shenzhen Tianyuan DIC Information Technology (SZSE:300047) Has A Somewhat Strained Balance Sheet
Nov 18
Is Shenzhen Tianyuan DIC Information Technology (SZSE:300047) A Risky Investment?
Feb 27Recent updates
Shenzhen Tianyuan DIC Information Technology Co., Ltd.'s (SZSE:300047) 26% Dip In Price Shows Sentiment Is Matching Revenues
Dec 17Shenzhen Tianyuan DIC Information Technology (SZSE:300047) Has A Somewhat Strained Balance Sheet
Nov 18Shenzhen Tianyuan DIC Information Technology Co., Ltd.'s (SZSE:300047) Shares Bounce 86% But Its Business Still Trails The Industry
Oct 19Shenzhen Tianyuan DIC Information Technology (SZSE:300047) Could Be Struggling To Allocate Capital
Oct 18Shenzhen Tianyuan DIC Information Technology Co., Ltd.'s (SZSE:300047) Price Is Right But Growth Is Lacking After Shares Rocket 31%
Sep 03Be Wary Of Shenzhen Tianyuan DIC Information Technology (SZSE:300047) And Its Returns On Capital
Apr 22Shenzhen Tianyuan DIC Information Technology Co., Ltd. (SZSE:300047) Surges 32% Yet Its Low P/S Is No Reason For Excitement
Mar 04Is Shenzhen Tianyuan DIC Information Technology (SZSE:300047) A Risky Investment?
Feb 27Financial Position Analysis
Short Term Liabilities: 300047's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 300047's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥192.8M).
Debt to Equity History and Analysis
Debt Level: 300047's net debt to equity ratio (49.8%) is considered high.
Reducing Debt: 300047's debt to equity ratio has increased from 37.6% to 57.9% over the past 5 years.
Debt Coverage: 300047's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300047's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/19 02:45 |
| End of Day Share Price | 2025/01/17 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Shenzhen Tianyuan DIC Information Technology Co., Ltd. is covered by 14 analysts. 0 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 |
|---|---|
| Jian Cui | Bohai Securities Co., Ltd. |
| Xianwen Ma | Changjiang Securities Co. LTD. |
| Ying Luo | China Merchants Securities Co. Ltd. |