Shandong Huifa FoodstuffLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shandong Huifa FoodstuffLtd has a total shareholder equity of CN¥462.3M and total debt of CN¥520.8M, which brings its debt-to-equity ratio to 112.6%. Its total assets and total liabilities are CN¥1.5B and CN¥1.0B respectively. Shandong Huifa FoodstuffLtd's EBIT is CN¥36.0M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥235.9M.
Key information
112.6%
Debt to equity ratio
CN¥520.75m
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥235.91m |
| Equity | CN¥462.35m |
| Total liabilities | CN¥1.00b |
| Total assets | CN¥1.46b |
Recent financial health updates
No updates
Recent updates
The Return Trends At Shandong Huifa FoodstuffLtd (SHSE:603536) Look Promising
Jan 28
There's Reason For Concern Over Shandong Huifa Foodstuff Co.,Ltd.'s (SHSE:603536) Massive 29% Price Jump
Nov 29Shandong Huifa Foodstuff Co.,Ltd.'s (SHSE:603536) 28% Price Boost Is Out Of Tune With Revenues
Sep 26Shandong Huifa Foodstuff Co.,Ltd.'s (SHSE:603536) Business Is Yet to Catch Up With Its Share Price
Jul 03There's Been No Shortage Of Growth Recently For Shandong Huifa FoodstuffLtd's (SHSE:603536) Returns On Capital
Jun 06There May Be Underlying Issues With The Quality Of Shandong Huifa FoodstuffLtd's (SHSE:603536) Earnings
Apr 05Optimistic Investors Push Shandong Huifa Foodstuff Co.,Ltd. (SHSE:603536) Shares Up 31% But Growth Is Lacking
Mar 08Financial Position Analysis
Short Term Liabilities: 603536's short term assets (CN¥687.0M) do not cover its short term liabilities (CN¥928.4M).
Long Term Liabilities: 603536's short term assets (CN¥687.0M) exceed its long term liabilities (CN¥73.8M).
Debt to Equity History and Analysis
Debt Level: 603536's net debt to equity ratio (61.6%) is considered high.
Reducing Debt: 603536's debt to equity ratio has increased from 71.1% to 112.6% over the past 5 years.
Debt Coverage: 603536's debt is well covered by operating cash flow (22.1%).
Interest Coverage: 603536's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 14:40 |
| End of Day Share Price | 2025/02/07 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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Shandong Huifa Foodstuff Co.,Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Jinsong Fan | Zhongtai Securities Co. Ltd. |