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
Is Lao Feng Xiang (SHSE:600612) A Risky Investment?
Oct 01
Does Lao Feng Xiang (SHSE:600612) Have A Healthy Balance Sheet?
Jul 01Recent updates
Lao 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).