Hangzhou DPtech TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou DPtech TechnologiesLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥13.3M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥3.7B and CN¥498.9M respectively. Hangzhou DPtech TechnologiesLtd's EBIT is CN¥87.9M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥2.8B.
Key information
0.4%
Debt to equity ratio
CN¥13.29m
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥2.76b |
| Equity | CN¥3.20b |
| Total liabilities | CN¥498.86m |
| Total assets | CN¥3.70b |
Recent financial health updates
No updates
Recent updates
Hangzhou DPtech Technologies Co.,Ltd. (SZSE:300768) Not Lagging Market On Growth Or Pricing
Jun 07
We Think That There Are More Issues For Hangzhou DPtech TechnologiesLtd (SZSE:300768) Than Just Sluggish Earnings
Apr 25Capital Allocation Trends At Hangzhou DPtech TechnologiesLtd (SZSE:300768) Aren't Ideal
Mar 26Financial Position Analysis
Short Term Liabilities: 300768's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥461.9M).
Long Term Liabilities: 300768's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥36.9M).
Debt to Equity History and Analysis
Debt Level: 300768 has more cash than its total debt.
Reducing Debt: 300768's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 300768's debt is well covered by operating cash flow (1860.5%).
Interest Coverage: 300768 earns more interest than it pays, so coverage of interest payments is not a concern.