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¥369.6M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are CN¥3.2B and CN¥1.2B respectively. Shanghai Ziyan Foods's EBIT is CN¥360.7M making its interest coverage ratio -171.8. It has cash and short-term investments of CN¥1.3B.
Key information
18.6%
Debt to equity ratio
CN¥369.60m
Debt
| Interest coverage ratio | -171.8x |
| Cash | CN¥1.28b |
| Equity | CN¥1.99b |
| Total liabilities | CN¥1.19b |
| Total assets | CN¥3.18b |
Recent financial health updates
Recent updates
Is Shanghai Ziyan Foods Co., Ltd. (SHSE:603057) Trading At A 31% Discount?
Aug 29
Shanghai 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¥1.8B) exceed its short term liabilities (CN¥946.6M).
Long Term Liabilities: 603057's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥239.8M).
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 27.2% to 18.6% over the past 5 years.
Debt Coverage: 603057's debt is well covered by operating cash flow (103.6%).
Interest Coverage: 603057 earns more interest than it pays, so coverage of interest payments is not a concern.