Datang Telecom Technology Balance Sheet Health
Financial Health criteria checks 5/6
Datang Telecom Technology has a total shareholder equity of CN¥576.5M and total debt of CN¥250.6M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are CN¥2.6B and CN¥2.1B respectively. Datang Telecom Technology's EBIT is CN¥40.5M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥261.7M.
Key information
43.5%
Debt to equity ratio
CN¥250.60m
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥261.66m |
| Equity | CN¥576.47m |
| Total liabilities | CN¥2.06b |
| Total assets | CN¥2.64b |
Recent financial health updates
Recent updates
More Unpleasant Surprises Could Be In Store For Datang Telecom Technology Co., Ltd.'s (SHSE:600198) Shares After Tumbling 28%
Nov 28
Datang Telecom Technology's (SHSE:600198) Profits May Be Overstating Its True Earnings Potential
Nov 05Investor Optimism Abounds Datang Telecom Technology Co., Ltd. (SHSE:600198) But Growth Is Lacking
Sep 19Does Datang Telecom Technology (SHSE:600198) Have A Healthy Balance Sheet?
Jul 31Datang Telecom Technology's (SHSE:600198) Shareholders May Want To Dig Deeper Than Statutory Profit
May 06Datang Telecom Technology Co., Ltd.'s (SHSE:600198) Shares Climb 25% But Its Business Is Yet to Catch Up
Mar 28Datang Telecom Technology Co., Ltd.'s (SHSE:600198) 25% Share Price Surge Not Quite Adding Up
Mar 27Financial Position Analysis
Short Term Liabilities: 600198's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600198's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥939.1M).
Debt to Equity History and Analysis
Debt Level: 600198 has more cash than its total debt.
Reducing Debt: 600198's debt to equity ratio has reduced from 4434.3% to 43.5% over the past 5 years.
Debt Coverage: 600198's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600198 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 08:37 |
| End of Day Share Price | 2024/12/26 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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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
Datang Telecom Technology Co., Ltd. is covered by 4 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 |
|---|---|
| Zeng Bin | China Merchants Securities Co. Ltd. |
| Jian Chen | Citic Securities Co., Ltd. |
| Chao Li | Huatai Research |