XIANGPIAOPIAO FoodLtd Balance Sheet Health
Financial Health criteria checks 5/6
XIANGPIAOPIAO FoodLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥936.5M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are CN¥4.9B and CN¥1.6B respectively. XIANGPIAOPIAO FoodLtd's EBIT is CN¥213.8M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥2.7B.
Key information
28.9%
Debt to equity ratio
CN¥936.50m
Debt
| Interest coverage ratio | -2.8x |
| Cash | CN¥2.65b |
| Equity | CN¥3.25b |
| Total liabilities | CN¥1.65b |
| Total assets | CN¥4.89b |
Recent financial health updates
Does XIANGPIAOPIAO FoodLtd (SHSE:603711) Have A Healthy Balance Sheet?
Jul 25
Is XIANGPIAOPIAO FoodLtd (SHSE:603711) A Risky Investment?
Mar 18Recent updates
XIANGPIAOPIAO Food Co.,Ltd's (SHSE:603711) Share Price Boosted 33% But Its Business Prospects Need A Lift Too
Oct 25XIANGPIAOPIAO FoodLtd (SHSE:603711) Is Reinvesting At Lower Rates Of Return
Oct 13XIANGPIAOPIAO Food Co.,Ltd's (SHSE:603711) Intrinsic Value Is Potentially 27% Above Its Share Price
Sep 27We Think That There Are More Issues For XIANGPIAOPIAO FoodLtd (SHSE:603711) Than Just Sluggish Earnings
Sep 03Does XIANGPIAOPIAO FoodLtd (SHSE:603711) Have A Healthy Balance Sheet?
Jul 25XIANGPIAOPIAO Food Co.,Ltd's (SHSE:603711) Prospects Need A Boost To Lift Shares
Jun 26XIANGPIAOPIAO FoodLtd (SHSE:603711) Will Be Hoping To Turn Its Returns On Capital Around
May 06Is XIANGPIAOPIAO FoodLtd (SHSE:603711) A Risky Investment?
Mar 18Financial Position Analysis
Short Term Liabilities: 603711's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 603711's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥89.2M).
Debt to Equity History and Analysis
Debt Level: 603711 has more cash than its total debt.
Reducing Debt: 603711's debt to equity ratio has increased from 0.8% to 28.9% over the past 5 years.
Debt Coverage: 603711's debt is well covered by operating cash flow (45.9%).
Interest Coverage: 603711 earns more interest than it pays, so coverage of interest payments is not a concern.