Shanghai Ziyan Foods Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Ziyan Foods has a total shareholder equity of CN¥2.1B and total debt of CN¥199.3M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are CN¥3.1B and CN¥959.7M respectively. Shanghai Ziyan Foods's EBIT is CN¥360.6M making its interest coverage ratio -53. It has cash and short-term investments of CN¥1.2B.
Key information
9.3%
Debt to equity ratio
CN¥199.35m
Debt
| Interest coverage ratio | -53x |
| Cash | CN¥1.23b |
| Equity | CN¥2.14b |
| Total liabilities | CN¥959.69m |
| Total assets | CN¥3.10b |
Recent financial health updates
Recent updates
Shanghai Ziyan Foods (SHSE:603057) Could Easily Take On More Debt
Aug 07
Shanghai 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¥771.8M).
Long Term Liabilities: 603057's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥187.9M).
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 27.6% to 9.3% over the past 5 years.
Debt Coverage: 603057's debt is well covered by operating cash flow (213.4%).
Interest Coverage: 603057 earns more interest than it pays, so coverage of interest payments is not a concern.