Dongguan Development (Holdings) Balance Sheet Health
Financial Health criteria checks 4/6
Dongguan Development (Holdings) has a total shareholder equity of CN¥9.7B and total debt of CN¥7.9B, which brings its debt-to-equity ratio to 81%. Its total assets and total liabilities are CN¥18.1B and CN¥8.3B respectively. Dongguan Development (Holdings)'s EBIT is CN¥877.6M making its interest coverage ratio -2.4. It has cash and short-term investments of CN¥5.2B.
Key information
81.0%
Debt to equity ratio
CN¥7.88b
Debt
| Interest coverage ratio | -2.4x |
| Cash | CN¥5.16b |
| Equity | CN¥9.74b |
| Total liabilities | CN¥8.34b |
| Total assets | CN¥18.08b |
Recent financial health updates
Recent updates
Dongguan Development (Holdings) Co., Ltd. (SZSE:000828) Shares Fly 38% But Investors Aren't Buying For Growth
Oct 08
We Think Dongguan Development (Holdings) (SZSE:000828) Is Taking Some Risk With Its Debt
Jul 31Dongguan Development (Holdings) (SZSE:000828) Could Be Struggling To Allocate Capital
Jun 24Dongguan Development (Holdings)'s (SZSE:000828) Soft Earnings Don't Show The Whole Picture
Apr 22Dongguan 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¥7.6B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 000828's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 000828's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: 000828's debt to equity ratio has increased from 54.4% to 81% over the past 5 years.
Debt Coverage: 000828's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 000828 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 | 2024/12/22 03:12 |
| End of Day Share Price | 2024/12/20 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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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 Development (Holdings) Co., Ltd. is covered by 5 analysts. 0 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 |
|---|---|
| YUNYING WU | Changjiang Securities Co. LTD. |
| Tao Chang | China Merchants Securities Co. Ltd. |
| HongBo Zhang | Citic Securities Co., Ltd. |