Jiahe Foods Industry Balance Sheet Health
Financial Health criteria checks 5/6
Jiahe Foods Industry has a total shareholder equity of CN¥2.1B and total debt of CN¥149.8M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CN¥2.6B and CN¥446.7M respectively. Jiahe Foods Industry's EBIT is CN¥205.7M making its interest coverage ratio -20.5. It has cash and short-term investments of CN¥929.0M.
Key information
7.0%
Debt to equity ratio
CN¥149.75m
Debt
| Interest coverage ratio | -20.5x |
| Cash | CN¥929.05m |
| Equity | CN¥2.14b |
| Total liabilities | CN¥446.71m |
| Total assets | CN¥2.59b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Jiahe Foods Industry (SHSE:605300)
Nov 07
Are Jiahe Foods Industry Co., Ltd. (SHSE:605300) Investors Paying Above The Intrinsic Value?
Sep 28Jiahe Foods Industry's (SHSE:605300) Anemic Earnings Might Be Worse Than You Think
Sep 06Jiahe Foods Industry Co., Ltd.'s (SHSE:605300) Price Is Right But Growth Is Lacking
Aug 22News Flash: 3 Analysts Think Jiahe Foods Industry Co., Ltd. (SHSE:605300) Earnings Are Under Threat
Apr 23Jiahe Foods Industry (SHSE:605300) Will Want To Turn Around Its Return Trends
Apr 03Financial Position Analysis
Short Term Liabilities: 605300's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥374.6M).
Long Term Liabilities: 605300's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥72.1M).
Debt to Equity History and Analysis
Debt Level: 605300 has more cash than its total debt.
Reducing Debt: 605300's debt to equity ratio has increased from 0% to 7% over the past 5 years.
Debt Coverage: 605300's debt is well covered by operating cash flow (156.5%).
Interest Coverage: 605300 earns more interest than it pays, so coverage of interest payments is not a concern.