Dalian Dalicap Technology Co.,Ltd.

SZSE:301566 Stock Report

Market Cap: CN¥7.7b

Dalian Dalicap TechnologyLtd Balance Sheet Health

Financial Health criteria checks 5/6

Dalian Dalicap TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥1.5B and CN¥184.7M respectively. Dalian Dalicap TechnologyLtd's EBIT is CN¥91.5M making its interest coverage ratio -19.1. It has cash and short-term investments of CN¥914.9M.

Key information

7.8%

Debt to equity ratio

CN¥100.04m

Debt

Interest coverage ratio-19.1x
CashCN¥914.87m
EquityCN¥1.29b
Total liabilitiesCN¥184.70m
Total assetsCN¥1.47b

Recent financial health updates

Recent updates

These 4 Measures Indicate That Dalian Dalicap TechnologyLtd (SZSE:301566) Is Using Debt Reasonably Well

Jun 05
These 4 Measures Indicate That Dalian Dalicap TechnologyLtd (SZSE:301566) Is Using Debt Reasonably Well

Financial Position Analysis

Short Term Liabilities: 301566's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥83.0M).

Long Term Liabilities: 301566's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥101.7M).


Debt to Equity History and Analysis

Debt Level: 301566 has more cash than its total debt.

Reducing Debt: 301566's debt to equity ratio has increased from 0% to 7.8% over the past 5 years.

Debt Coverage: 301566's debt is well covered by operating cash flow (162.4%).

Interest Coverage: 301566 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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