Dongguan Aohai Technology Balance Sheet Health
Financial Health criteria checks 5/6
Dongguan Aohai Technology has a total shareholder equity of CN¥5.0B and total debt of CN¥262.8M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CN¥8.6B and CN¥3.6B respectively. Dongguan Aohai Technology's EBIT is CN¥357.4M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥3.4B.
Key information
5.2%
Debt to equity ratio
CN¥262.83m
Debt
| Interest coverage ratio | -4.9x |
| Cash | CN¥3.36b |
| Equity | CN¥5.04b |
| Total liabilities | CN¥3.57b |
| Total assets | CN¥8.62b |
Recent financial health updates
Dongguan Aohai Technology (SZSE:002993) Has A Pretty Healthy Balance Sheet
Sep 30
Is Dongguan Aohai Technology (SZSE:002993) Using Too Much Debt?
Jun 26Recent updates
Investors Still Aren't Entirely Convinced By Dongguan Aohai Technology Co., Ltd.'s (SZSE:002993) Earnings Despite 27% Price Jump
Nov 15Be Wary Of Dongguan Aohai Technology (SZSE:002993) And Its Returns On Capital
Oct 21Dongguan Aohai Technology (SZSE:002993) Has A Pretty Healthy Balance Sheet
Sep 30Is Dongguan Aohai Technology (SZSE:002993) Using Too Much Debt?
Jun 26Dongguan Aohai Technology (SZSE:002993) Will Pay A Larger Dividend Than Last Year At CN¥0.60
Jun 02Investors Aren't Entirely Convinced By Dongguan Aohai Technology Co., Ltd.'s (SZSE:002993) Earnings
May 29Returns On Capital At Dongguan Aohai Technology (SZSE:002993) Paint A Concerning Picture
Apr 27Financial Position Analysis
Short Term Liabilities: 002993's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 002993's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥310.8M).
Debt to Equity History and Analysis
Debt Level: 002993 has more cash than its total debt.
Reducing Debt: 002993's debt to equity ratio has increased from 1.2% to 5.2% over the past 5 years.
Debt Coverage: 002993's debt is well covered by operating cash flow (230.4%).
Interest Coverage: 002993 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 | 2024/12/23 08:22 |
| End of Day Share Price | 2024/12/23 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
Dongguan Aohai Technology Co., Ltd. is covered by 3 analysts. 3 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 |
|---|---|
| Tao Xu | Citic Securities Co., Ltd. |
| Kai Liu | Everbright Securities Co. Ltd. |
| Jing Fang | Minsheng Securities Co. |