Dingyi Group Investment Balance Sheet Health
Financial Health criteria checks 5/6
Dingyi Group Investment has a total shareholder equity of HK$1.2B and total debt of HK$980.0M, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are HK$2.9B and HK$1.6B respectively. Dingyi Group Investment's EBIT is HK$223.6M making its interest coverage ratio 4. It has cash and short-term investments of HK$222.4M.
Key information
79.9%
Debt to equity ratio
HK$980.00m
Debt
| Interest coverage ratio | 4x |
| Cash | HK$222.40m |
| Equity | HK$1.23b |
| Total liabilities | HK$1.62b |
| Total assets | HK$2.85b |
Recent financial health updates
No updates
Recent updates
Dingyi Group Investment Limited's (HKG:508) Shares Bounce 26% But Its Business Still Trails The Industry
Mar 22
Dingyi Group Investment Limited's (HKG:508) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Jan 18Dingyi Group Investment Limited's (HKG:508) CEO Will Probably Find It Hard To See A Huge Raise This Year
Sep 21Dingyi Group Investment's (HKG:508) Shareholders Are Down 90% On Their Shares
Mar 09Kwong Yuk Li Is The Chairman of Dingyi Group Investment Limited (HKG:508) And Just Spent HK$197k On Shares
Jan 10Here's What Dingyi Group Investment Limited's (HKG:508) Shareholder Ownership Structure Looks Like
Dec 31
Dingyi Group Investment (HKG:508) Share Prices Have Dropped 86% In The Last Five Years
Nov 26Financial Position Analysis
Short Term Liabilities: 508's short term assets (HK$2.8B) exceed its short term liabilities (HK$1.6B).
Long Term Liabilities: 508 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 508's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: 508's debt to equity ratio has reduced from 86.5% to 79.9% over the past 5 years.
Debt Coverage: 508's debt is well covered by operating cash flow (43.9%).
Interest Coverage: 508's interest payments on its debt are well covered by EBIT (4x coverage).