Guangzhou Devotion Thermal Technology Balance Sheet Health
Financial Health criteria checks 6/6
Guangzhou Devotion Thermal Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥128.3M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥2.8B and CN¥744.2M respectively. Guangzhou Devotion Thermal Technology's EBIT is CN¥123.8M making its interest coverage ratio -12.9. It has cash and short-term investments of CN¥319.3M.
Key information
6.3%
Debt to equity ratio
CN¥128.27m
Debt
| Interest coverage ratio | -12.9x |
| Cash | CN¥319.25m |
| Equity | CN¥2.04b |
| Total liabilities | CN¥744.15m |
| Total assets | CN¥2.79b |
Recent financial health updates
No updates
Recent updates
Earnings Not Telling The Story For Guangzhou Devotion Thermal Technology Co., Ltd. (SZSE:300335) After Shares Rise 38%
Oct 08
Returns On Capital At Guangzhou Devotion Thermal Technology (SZSE:300335) Paint A Concerning Picture
Oct 01Guangzhou Devotion Thermal Technology Co., Ltd.'s (SZSE:300335) Price Is Right But Growth Is Lacking After Shares Rocket 33%
Mar 08Financial Position Analysis
Short Term Liabilities: 300335's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥649.9M).
Long Term Liabilities: 300335's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥94.3M).
Debt to Equity History and Analysis
Debt Level: 300335 has more cash than its total debt.
Reducing Debt: 300335's debt to equity ratio has reduced from 49.7% to 6.3% over the past 5 years.
Debt Coverage: 300335's debt is well covered by operating cash flow (171.5%).
Interest Coverage: 300335 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 | 2024/12/28 13:51 |
| End of Day Share Price | 2024/12/27 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
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Analyst Sources
Guangzhou Devotion Thermal Technology Co., Ltd. is covered by 12 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 |
|---|---|
| Minhao Gu | Central China Securities Co., Ltd. |
| Fei Tong | Changjiang Securities Co. LTD. |
| Haoyuan Qu | China International Capital Corporation Limited |