Qianhe Condiment and Food Balance Sheet Health
Financial Health criteria checks 6/6
Qianhe Condiment and Food has a total shareholder equity of CN¥3.6B and total debt of CN¥39.2K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.2B and CN¥564.7M respectively. Qianhe Condiment and Food's EBIT is CN¥596.1M making its interest coverage ratio -67. It has cash and short-term investments of CN¥1.5B.
Key information
0.001%
Debt to equity ratio
CN¥39.24k
Debt
| Interest coverage ratio | -67x |
| Cash | CN¥1.48b |
| Equity | CN¥3.61b |
| Total liabilities | CN¥564.68m |
| Total assets | CN¥4.17b |
Recent financial health updates
No updates
Recent updates
Qianhe Condiment and Food Co., Ltd. Just Missed EPS By 5.8%: Here's What Analysts Think Will Happen Next
May 02
Qianhe Condiment and Food (SHSE:603027) Might Have The Makings Of A Multi-Bagger
Apr 22Qianhe Condiment and Food Co., Ltd.'s (SHSE:603027) Share Price Not Quite Adding Up
Apr 03A Look At The Fair Value Of Qianhe Condiment and Food Co., Ltd. (SHSE:603027)
Feb 27Financial Position Analysis
Short Term Liabilities: 603027's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥516.4M).
Long Term Liabilities: 603027's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥48.3M).
Debt to Equity History and Analysis
Debt Level: 603027 has more cash than its total debt.
Reducing Debt: 603027's debt to equity ratio has reduced from 22.1% to 0% over the past 5 years.
Debt Coverage: 603027's debt is well covered by operating cash flow (1604652%).
Interest Coverage: 603027 earns more interest than it pays, so coverage of interest payments is not a concern.