Lao Feng Xiang Balance Sheet Health
Financial Health criteria checks 6/6
Lao Feng Xiang has a total shareholder equity of CN¥14.4B and total debt of CN¥11.4B, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are CN¥32.7B and CN¥18.3B respectively. Lao Feng Xiang's EBIT is CN¥4.2B making its interest coverage ratio 33. It has cash and short-term investments of CN¥17.4B.
Key information
79.4%
Debt to equity ratio
CN¥11.41b
Debt
Interest coverage ratio | 33x |
Cash | CN¥17.42b |
Equity | CN¥14.38b |
Total liabilities | CN¥18.30b |
Total assets | CN¥32.68b |
Recent financial health updates
Recent updates
Here'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¥31.4B) exceed its short term liabilities (CN¥17.9B).
Long Term Liabilities: 600612's short term assets (CN¥31.4B) exceed its long term liabilities (CN¥400.4M).
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 100.1% to 79.4% over the past 5 years.
Debt Coverage: 600612's debt is well covered by operating cash flow (39.7%).
Interest Coverage: 600612's interest payments on its debt are well covered by EBIT (33x coverage).