COFCO Capital Holdings Co., Ltd.

SZSE:002423 Stock Report

Market Cap: CN¥32.6b

COFCO Capital Holdings Balance Sheet Health

Financial Health criteria checks 4/6

COFCO Capital Holdings has a total shareholder equity of CN¥33.4B and total debt of CN¥9.9B, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are CN¥154.9B and CN¥121.5B respectively. COFCO Capital Holdings's EBIT is CN¥2.9B making its interest coverage ratio 6.5. It has cash and short-term investments of CN¥36.3B.

Key information

29.6%

Debt to equity ratio

CN¥9.91b

Debt

Interest coverage ratio6.5x
CashCN¥36.29b
EquityCN¥33.43b
Total liabilitiesCN¥121.49b
Total assetsCN¥154.92b

Recent financial health updates

Is COFCO Capital Holdings (SZSE:002423) Using Too Much Debt?

Oct 18
Is COFCO Capital Holdings (SZSE:002423) Using Too Much Debt?

These 4 Measures Indicate That COFCO Capital Holdings (SZSE:002423) Is Using Debt Extensively

Jul 03
These 4 Measures Indicate That COFCO Capital Holdings (SZSE:002423) Is Using Debt Extensively

COFCO Capital Holdings (SZSE:002423) Has A Pretty Healthy Balance Sheet

Feb 28
COFCO Capital Holdings (SZSE:002423) Has A Pretty Healthy Balance Sheet

Recent updates

Earnings Working Against COFCO Capital Holdings Co., Ltd.'s (SZSE:002423) Share Price Following 28% Dive

Dec 01
Earnings Working Against COFCO Capital Holdings Co., Ltd.'s (SZSE:002423) Share Price Following 28% Dive

Is COFCO Capital Holdings (SZSE:002423) Using Too Much Debt?

Oct 18
Is COFCO Capital Holdings (SZSE:002423) Using Too Much Debt?

There's No Escaping COFCO Capital Holdings Co., Ltd.'s (SZSE:002423) Muted Earnings Despite A 30% Share Price Rise

Sep 26
There's No Escaping COFCO Capital Holdings Co., Ltd.'s (SZSE:002423) Muted Earnings Despite A 30% Share Price Rise

COFCO Capital Holdings (SZSE:002423) Could Be Struggling To Allocate Capital

Sep 24
COFCO Capital Holdings (SZSE:002423) Could Be Struggling To Allocate Capital

COFCO Capital Holdings Co., Ltd.'s (SZSE:002423) Business And Shares Still Trailing The Market

Jul 30
COFCO Capital Holdings Co., Ltd.'s (SZSE:002423) Business And Shares Still Trailing The Market

COFCO Capital Holdings' (SZSE:002423) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 05
COFCO Capital Holdings' (SZSE:002423) Shareholders Will Receive A Bigger Dividend Than Last Year

These 4 Measures Indicate That COFCO Capital Holdings (SZSE:002423) Is Using Debt Extensively

Jul 03
These 4 Measures Indicate That COFCO Capital Holdings (SZSE:002423) Is Using Debt Extensively

Returns On Capital At COFCO Capital Holdings (SZSE:002423) Have Hit The Brakes

Apr 12
Returns On Capital At COFCO Capital Holdings (SZSE:002423) Have Hit The Brakes

COFCO Capital Holdings (SZSE:002423) Has A Pretty Healthy Balance Sheet

Feb 28
COFCO Capital Holdings (SZSE:002423) Has A Pretty Healthy Balance Sheet

Financial Position Analysis

Short Term Liabilities: 002423's short term assets (CN¥63.7B) exceed its short term liabilities (CN¥45.8B).

Long Term Liabilities: 002423's short term assets (CN¥63.7B) do not cover its long term liabilities (CN¥75.7B).

Debt to Equity History and Analysis

Debt Level: 002423 has more cash than its total debt.

Reducing Debt: 002423's debt to equity ratio has increased from 17% to 29.6% over the past 5 years.

Debt Coverage: 002423's debt is well covered by operating cash flow (155.7%).

Interest Coverage: 002423's interest payments on its debt are well covered by EBIT (6.5x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 11:30
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

COFCO Capital Holdings Co., Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ziqin ShaoCitic Securities Co., Ltd.
Chengdun TongCitic Securities Co., Ltd.