Zhejiang Dahua Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Dahua Technology has a total shareholder equity of CN¥36.5B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CN¥49.9B and CN¥13.5B respectively. Zhejiang Dahua Technology's EBIT is CN¥2.9B making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥14.2B.
Key information
3.7%
Debt to equity ratio
CN¥1.33b
Debt
| Interest coverage ratio | -0.6x |
| Cash | CN¥14.20b |
| Equity | CN¥36.49b |
| Total liabilities | CN¥13.45b |
| Total assets | CN¥49.94b |
Recent financial health updates
Recent updates
Zhejiang Dahua Technology (SZSE:002236) Has A Rock Solid Balance Sheet
Aug 24
Is Zhejiang Dahua Technology Co., Ltd. (SZSE:002236) Trading At A 43% Discount?
Aug 08The Market Doesn't Like What It Sees From Zhejiang Dahua Technology Co., Ltd.'s (SZSE:002236) Earnings Yet
Jun 20Is Now An Opportune Moment To Examine Zhejiang Dahua Technology Co., Ltd. (SZSE:002236)?
May 22Estimating The Intrinsic Value Of Zhejiang Dahua Technology Co., Ltd. (SZSE:002236)
May 01Capital Allocation Trends At Zhejiang Dahua Technology (SZSE:002236) Aren't Ideal
Apr 08Zhejiang Dahua Technology Co., Ltd. (SZSE:002236) Stock Rockets 32% But Many Are Still Ignoring The Company
Mar 05Financial Position Analysis
Short Term Liabilities: 002236's short term assets (CN¥38.2B) exceed its short term liabilities (CN¥12.8B).
Long Term Liabilities: 002236's short term assets (CN¥38.2B) exceed its long term liabilities (CN¥636.8M).
Debt to Equity History and Analysis
Debt Level: 002236 has more cash than its total debt.
Reducing Debt: 002236's debt to equity ratio has reduced from 23.4% to 3.7% over the past 5 years.
Debt Coverage: 002236's debt is well covered by operating cash flow (347.5%).
Interest Coverage: 002236 earns more interest than it pays, so coverage of interest payments is not a concern.