Dongguan Development (Holdings) Balance Sheet Health
Financial Health criteria checks 3/6
Dongguan Development (Holdings) has a total shareholder equity of CN¥9.9B and total debt of CN¥10.1B, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are CN¥20.4B and CN¥10.5B respectively. Dongguan Development (Holdings)'s EBIT is CN¥1.0B making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥2.4B.
Key information
102.1%
Debt to equity ratio
CN¥10.06b
Debt
| Interest coverage ratio | -2.5x |
| Cash | CN¥2.35b |
| Equity | CN¥9.86b |
| Total liabilities | CN¥10.54b |
| Total assets | CN¥20.40b |
Recent financial health updates
No updates
Recent updates
Dongguan Development (Holdings)'s (SZSE:000828) Soft Earnings Don't Show The Whole Picture
Apr 22
Dongguan Development (Holdings) Co., Ltd.'s (SZSE:000828) Share Price Is Matching Sentiment Around Its Earnings
Apr 17Capital Allocation Trends At Dongguan Development (Holdings) (SZSE:000828) Aren't Ideal
Mar 14Financial Position Analysis
Short Term Liabilities: 000828's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 000828's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥4.8B).
Debt to Equity History and Analysis
Debt Level: 000828's net debt to equity ratio (78.2%) is considered high.
Reducing Debt: 000828's debt to equity ratio has increased from 56.2% to 102.1% over the past 5 years.
Debt Coverage: 000828's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000828 earns more interest than it pays, so coverage of interest payments is not a concern.