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Datang Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Datang Group Holdings has a total shareholder equity of CN¥9.9B and total debt of CN¥9.3B, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are CN¥57.4B and CN¥47.5B respectively. Datang Group Holdings's EBIT is CN¥1.0B making its interest coverage ratio 16. It has cash and short-term investments of CN¥2.8B.
Key information
93.9%
Debt to equity ratio
CN¥9.27b
Debt
| Interest coverage ratio | 16x |
| Cash | CN¥2.85b |
| Equity | CN¥9.88b |
| Total liabilities | CN¥47.48b |
| Total assets | CN¥57.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2117's short term assets (CN¥49.8B) exceed its short term liabilities (CN¥41.5B).
Long Term Liabilities: 2117's short term assets (CN¥49.8B) exceed its long term liabilities (CN¥6.0B).
Debt to Equity History and Analysis
Debt Level: 2117's net debt to equity ratio (65%) is considered high.
Reducing Debt: Insufficient data to determine if 2117's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2117's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 2117's interest payments on its debt are well covered by EBIT (16x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/17 08:53 |
| End of Day Share Price | 2023/03/20 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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
Datang Group Holdings Limited is covered by 1 analysts. 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 |
|---|---|
| Xingwen Li | ICBC International Research |