Dawning Information Industry Balance Sheet Health
Financial Health criteria checks 6/6
Dawning Information Industry has a total shareholder equity of CN¥19.6B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥31.9B and CN¥12.3B respectively. Dawning Information Industry's EBIT is CN¥1.2B making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥6.4B.
Key information
5.9%
Debt to equity ratio
CN¥1.15b
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥6.43b |
| Equity | CN¥19.62b |
| Total liabilities | CN¥12.28b |
| Total assets | CN¥31.89b |
Recent financial health updates
Recent updates
Dawning Information Industry's (SHSE:603019) Solid Earnings May Rest On Weak Foundations
Apr 25
Dawning Information Industry Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 21The Returns At Dawning Information Industry (SHSE:603019) Aren't Growing
Apr 16We Think Dawning Information Industry (SHSE:603019) Can Stay On Top Of Its Debt
Mar 29Here's Why We Think Dawning Information Industry (SHSE:603019) Is Well Worth Watching
Mar 14Dawning Information Industry Co., Ltd. (SHSE:603019) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Feb 27Financial Position Analysis
Short Term Liabilities: 603019's short term assets (CN¥14.0B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: 603019's short term assets (CN¥14.0B) exceed its long term liabilities (CN¥6.9B).
Debt to Equity History and Analysis
Debt Level: 603019 has more cash than its total debt.
Reducing Debt: 603019's debt to equity ratio has reduced from 92.4% to 5.9% over the past 5 years.
Debt Coverage: 603019's debt is well covered by operating cash flow (281.2%).
Interest Coverage: 603019 earns more interest than it pays, so coverage of interest payments is not a concern.