Heilongjiang Agriculture Balance Sheet Health
Financial Health criteria checks 6/6
Heilongjiang Agriculture has a total shareholder equity of CN¥7.9B and total debt of CN¥3.1M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are CN¥10.7B and CN¥2.8B respectively. Heilongjiang Agriculture's EBIT is CN¥1.1B making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥5.4B.
Key information
0.04%
Debt to equity ratio
CN¥3.12m
Debt
| Interest coverage ratio | -7.3x |
| Cash | CN¥5.36b |
| Equity | CN¥7.86b |
| Total liabilities | CN¥2.82b |
| Total assets | CN¥10.67b |
Recent financial health updates
No updates
Recent updates
Insufficient Growth At Heilongjiang Agriculture Company Limited (SHSE:600598) Hampers Share Price
Nov 26
We Think Heilongjiang Agriculture's (SHSE:600598) Healthy Earnings Might Be Conservative
Nov 04A Look At The Intrinsic Value Of Heilongjiang Agriculture Company Limited (SHSE:600598)
Sep 23Heilongjiang Agriculture (SHSE:600598) Hasn't Managed To Accelerate Its Returns
Jul 16Heilongjiang Agriculture Company Limited's (SHSE:600598) Prospects Need A Boost To Lift Shares
Jun 19Heilongjiang Agriculture's (SHSE:600598) Dividend Will Be Increased To CN¥0.44
May 22Heilongjiang Agriculture's (SHSE:600598) Solid Earnings Have Been Accounted For Conservatively
Apr 04The Returns At Heilongjiang Agriculture (SHSE:600598) Aren't Growing
Mar 28A Look At The Intrinsic Value Of Heilongjiang Agriculture Company Limited (SHSE:600598)
Mar 07Financial Position Analysis
Short Term Liabilities: 600598's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 600598's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥135.3M).
Debt to Equity History and Analysis
Debt Level: 600598 has more cash than its total debt.
Reducing Debt: 600598's debt to equity ratio has reduced from 0.07% to 0.04% over the past 5 years.
Debt Coverage: 600598's debt is well covered by operating cash flow (55011.2%).
Interest Coverage: 600598 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:47 |
| End of Day Share Price | 2024/12/20 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Heilongjiang Agriculture Company Limited is covered by 13 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.
| Analyst | Institution |
|---|---|
| Feiyang Yuan | China International Capital Corporation Limited |
| Siyang Wang | China International Capital Corporation Limited |
| Jun Huang | China Merchants Securities Co. Ltd. |