Lao Feng Xiang Balance Sheet Health
Financial Health criteria checks 6/6
Lao Feng Xiang has a total shareholder equity of CN¥14.5B and total debt of CN¥5.2B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are CN¥24.2B and CN¥9.7B respectively. Lao Feng Xiang's EBIT is CN¥3.4B making its interest coverage ratio 33.5. It has cash and short-term investments of CN¥12.7B.
Key information
35.9%
Debt to equity ratio
CN¥5.21b
Debt
| Interest coverage ratio | 33.5x |
| Cash | CN¥12.74b |
| Equity | CN¥14.50b |
| Total liabilities | CN¥9.70b |
| Total assets | CN¥24.19b |
Recent financial health updates
Lao Feng Xiang (SHSE:600612) Has A Pretty Healthy Balance Sheet
Jan 10
Is Lao Feng Xiang (SHSE:600612) A Risky Investment?
Oct 01Does Lao Feng Xiang (SHSE:600612) Have A Healthy Balance Sheet?
Jul 01Recent updates
Lao Feng Xiang (SHSE:600612) Has A Pretty Healthy Balance Sheet
Jan 10There's No Escaping Lao Feng Xiang Co., Ltd.'s (SHSE:600612) Muted Earnings
Dec 25A Look At The Intrinsic Value Of Lao Feng Xiang Co., Ltd. (SHSE:600612)
Dec 10Lao Feng Xiang's (SHSE:600612) Soft Earnings Are Actually Better Than They Appear
Nov 05Earnings Miss: Here's What Lao Feng Xiang Co., Ltd. (SHSE:600612) Analysts Are Forecasting For Next Year
Nov 01Is Lao Feng Xiang (SHSE:600612) A Risky Investment?
Oct 01Lao Feng Xiang Co., Ltd.'s (SHSE:600612) Shares Lagging The Market But So Is The Business
Sep 16Lao Feng Xiang (SHSE:600612) Might Become A Compounding Machine
Aug 30Are Investors Undervaluing Lao Feng Xiang Co., Ltd. (SHSE:600612) By 31%?
Aug 16Here's Why Lao Feng Xiang (SHSE:600612) Has Caught The Eye Of Investors
Aug 01Lao Feng Xiang's (SHSE:600612) Upcoming Dividend Will Be Larger Than Last Year's
Jul 05Does Lao Feng Xiang (SHSE:600612) Have A Healthy Balance Sheet?
Jul 01Why Investors Shouldn't Be Surprised By Lao Feng Xiang Co., Ltd.'s (SHSE:600612) Low P/E
Jun 17Lao Feng Xiang's (SHSE:600612) Solid Earnings Are Supported By Other Strong Factors
May 06Here's Why We Think Lao Feng Xiang (SHSE:600612) Is Well Worth Watching
Apr 23A Look Into Lao Feng Xiang's (SHSE:600612) Impressive Returns On Capital
Apr 04Estimating The Intrinsic Value Of Lao Feng Xiang Co., Ltd. (SHSE:600612)
Mar 20Financial Position Analysis
Short Term Liabilities: 600612's short term assets (CN¥22.8B) exceed its short term liabilities (CN¥9.4B).
Long Term Liabilities: 600612's short term assets (CN¥22.8B) exceed its long term liabilities (CN¥326.7M).
Debt to Equity History and Analysis
Debt Level: 600612 has more cash than its total debt.
Reducing Debt: 600612's debt to equity ratio has reduced from 100.4% to 36% over the past 5 years.
Debt Coverage: 600612's debt is well covered by operating cash flow (126.9%).
Interest Coverage: 600612's interest payments on its debt are well covered by EBIT (33.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 09:21 |
| End of Day Share Price | 2025/01/10 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Lao Feng Xiang Co., Ltd. is covered by 31 analysts. 12 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 |
|---|---|
| Jin Li | Changjiang Securities Co. LTD. |
| Runbo Yang | China International Capital Corporation Limited |
| Haiyan Guo | China International Capital Corporation Limited |