Shanghai Ziyan Foods Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Ziyan Foods has a total shareholder equity of CN¥2.0B and total debt of CN¥449.6M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are CN¥3.4B and CN¥1.4B respectively. Shanghai Ziyan Foods's EBIT is CN¥326.7M making its interest coverage ratio 1717.5. It has cash and short-term investments of CN¥1.5B.
Key information
22.4%
Debt to equity ratio
CN¥449.60m
Debt
| Interest coverage ratio | 1717.5x |
| Cash | CN¥1.45b |
| Equity | CN¥2.01b |
| Total liabilities | CN¥1.39b |
| Total assets | CN¥3.40b |
Recent financial health updates
Recent updates
Investors Could Be Concerned With Shanghai Ziyan Foods' (SHSE:603057) Returns On Capital
Nov 25
Is Shanghai Ziyan Foods Co., Ltd. (SHSE:603057) Trading At A 31% Discount?
Aug 29Shanghai Ziyan Foods (SHSE:603057) Could Easily Take On More Debt
Aug 07Shanghai Ziyan Foods (SHSE:603057) Will Want To Turn Around Its Return Trends
May 24We Think You Should Be Aware Of Some Concerning Factors In Shanghai Ziyan Foods' (SHSE:603057) Earnings
Apr 26Is Shanghai Ziyan Foods Co., Ltd. (SHSE:603057) Trading At A 29% Discount?
Apr 15Financial Position Analysis
Short Term Liabilities: 603057's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603057's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥238.1M).
Debt to Equity History and Analysis
Debt Level: 603057 has more cash than its total debt.
Reducing Debt: 603057's debt to equity ratio has reduced from 26.9% to 22.4% over the past 5 years.
Debt Coverage: 603057's debt is well covered by operating cash flow (96.4%).
Interest Coverage: 603057's interest payments on its debt are well covered by EBIT (1717.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 21:47 |
| 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
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Analyst Sources
Shanghai Ziyan Foods Co., Ltd. is covered by 9 analysts. 5 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 |
|---|---|
| Wendan Wang | China International Capital Corporation Limited |
| Yuan Xue | Citic Securities Co., Ltd. |
| Xia Sheng | Citic Securities Co., Ltd. |