NetDragon Websoft Holdings Balance Sheet Health
Financial Health criteria checks 5/6
NetDragon Websoft Holdings has a total shareholder equity of CN¥6.3B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are CN¥10.6B and CN¥4.3B respectively. NetDragon Websoft Holdings's EBIT is CN¥791.0M making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥2.7B.
Key information
31.3%
Debt to equity ratio
CN¥1.97b
Debt
| Interest coverage ratio | 5.4x |
| Cash | CN¥2.72b |
| Equity | CN¥6.28b |
| Total liabilities | CN¥4.28b |
| Total assets | CN¥10.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3ND's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 3ND's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥229.0M).
Debt to Equity History and Analysis
Debt Level: 3ND has more cash than its total debt.
Reducing Debt: 3ND's debt to equity ratio has increased from 9.4% to 31.3% over the past 5 years.
Debt Coverage: 3ND's debt is well covered by operating cash flow (46.6%).
Interest Coverage: 3ND's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 09:16 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| 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
NetDragon Websoft Holdings Limited is covered by 17 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 |
|---|---|
| Henry Ai | BNP Paribas Securities (Asia) |
| Michael Meng | BOCI Research Ltd. |
| Eddie Leung | BofA Global Research |