Lao Feng Xiang Balance Sheet Health
Financial Health criteria checks 6/6
Lao Feng Xiang has a total shareholder equity of CN¥14.1B and total debt of CN¥7.9B, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are CN¥25.7B and CN¥11.7B respectively. Lao Feng Xiang's EBIT is CN¥4.2B making its interest coverage ratio 42.7. It has cash and short-term investments of CN¥15.2B.
Key information
56.2%
Debt to equity ratio
CN¥7.90b
Debt
| Interest coverage ratio | 42.7x |
| Cash | CN¥15.23b |
| Equity | CN¥14.06b |
| Total liabilities | CN¥11.69b |
| Total assets | CN¥25.75b |
Recent financial health updates
Recent updates
Lao Feng Xiang Co., Ltd.'s (SHSE:600612) Shares Lagging The Market But So Is The Business
Sep 16
Lao 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¥24.5B) exceed its short term liabilities (CN¥11.3B).
Long Term Liabilities: 600612's short term assets (CN¥24.5B) exceed its long term liabilities (CN¥379.1M).
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 82.8% to 56.2% over the past 5 years.
Debt Coverage: 600612's debt is well covered by operating cash flow (40.1%).
Interest Coverage: 600612's interest payments on its debt are well covered by EBIT (42.7x coverage).