Digital China Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Digital China Holdings has a total shareholder equity of CN¥10.1B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are CN¥21.9B and CN¥11.8B respectively. Digital China Holdings's EBIT is CN¥204.3M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥2.2B.
Key information
40.7%
Debt to equity ratio
CN¥4.12b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥2.21b |
| Equity | CN¥10.12b |
| Total liabilities | CN¥11.79b |
| Total assets | CN¥21.91b |
Recent financial health updates
These 4 Measures Indicate That Digital China Holdings (HKG:861) Is Using Debt Reasonably Well
Apr 26
These 4 Measures Indicate That Digital China Holdings (HKG:861) Is Using Debt Reasonably Well
Nov 07Digital China Holdings (HKG:861) Seems To Use Debt Rather Sparingly
May 23These 4 Measures Indicate That Digital China Holdings (HKG:861) Is Using Debt Reasonably Well
Apr 13Recent updates
Digital China Holdings Limited (HKG:861) Might Not Be As Mispriced As It Looks After Plunging 26%
Nov 06Digital China Holdings (HKG:861) Is Due To Pay A Dividend Of CN¥0.01
Sep 04Digital China Holdings (HKG:861) Will Pay A Larger Dividend Than Last Year At CN¥0.06
Jul 02Digital China Holdings (HKG:861) Is Increasing Its Dividend To CN¥0.06
Jun 18Digital China Holdings Limited's (HKG:861) Price Is Right But Growth Is Lacking
Jun 11Digital China Holdings (HKG:861) Is Doing The Right Things To Multiply Its Share Price
May 21Digital China Holdings (HKG:861) Is Paying Out A Larger Dividend Than Last Year
Apr 25Digital China Holdings (HKG:861) Is Increasing Its Dividend To CN¥0.06
Mar 31Why Investors Shouldn't Be Surprised By Digital China Holdings Limited's (HKG:861) P/E
Feb 21There's Been No Shortage Of Growth Recently For Digital China Holdings' (HKG:861) Returns On Capital
Dec 27Digital China Holdings (HKG:861) Will Pay A Smaller Dividend Than Last Year
Sep 01Digital China Holdings (HKG:861) Is Paying Out Less In Dividends Than Last Year
Jun 29These 4 Measures Indicate That Digital China Holdings (HKG:861) Is Using Debt Reasonably Well
Apr 26Returns Are Gaining Momentum At Digital China Holdings (HKG:861)
Mar 31Should You Be Adding Digital China Holdings (HKG:861) To Your Watchlist Today?
Feb 03There's Been No Shortage Of Growth Recently For Digital China Holdings' (HKG:861) Returns On Capital
Dec 20These 4 Measures Indicate That Digital China Holdings (HKG:861) Is Using Debt Reasonably Well
Nov 07Digital China Holdings (HKG:861) Is Increasing Its Dividend To HK$0.023
Sep 01Digital China Holdings' (HKG:861) Dividend Will Be Increased To HK$0.13
Jun 30Digital China Holdings (HKG:861) Seems To Use Debt Rather Sparingly
May 23Digital China Holdings' (HKG:861) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 29Digital China Holdings (HKG:861) Is Doing The Right Things To Multiply Its Share Price
Apr 28Is Now The Time To Put Digital China Holdings (HKG:861) On Your Watchlist?
Dec 08Investors Could Be Concerned With Digital China Holdings' (HKG:861) Returns On Capital
Aug 17Should You Be Adding Digital China Holdings (HKG:861) To Your Watchlist Today?
Jul 09Returns On Capital At Digital China Holdings (HKG:861) Paint A Concerning Picture
Apr 30These 4 Measures Indicate That Digital China Holdings (HKG:861) Is Using Debt Reasonably Well
Apr 13Why Digital China Holdings Limited (HKG:861) Should Be In Your Dividend Portfolio
Apr 02Do Institutions Own Digital China Holdings Limited (HKG:861) Shares?
Mar 17Insider Buying: Chi Yu Yip Just Spent HK$323m On Digital China Holdings Limited (HKG:861) Shares
Mar 03Is Now The Time To Put Digital China Holdings (HKG:861) On Your Watchlist?
Feb 22Financial Position Analysis
Short Term Liabilities: 861's short term assets (CN¥12.9B) exceed its short term liabilities (CN¥8.6B).
Long Term Liabilities: 861's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥3.2B).
Debt to Equity History and Analysis
Debt Level: 861's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: 861's debt to equity ratio has reduced from 45.9% to 40.7% over the past 5 years.
Debt Coverage: 861's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 861's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 20:40 |
| End of Day Share Price | 2025/01/03 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Digital China Holdings Limited is covered by 27 analysts. 2 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 |
|---|---|
| Jones Ku | Barclays |
| Johnie HU | BOCI Research Ltd. |
| Jianying Xie | BOCOM International Securities Limited |