Namchow Food Group (Shanghai) Balance Sheet Health
Financial Health criteria checks 6/6
Namchow Food Group (Shanghai) has a total shareholder equity of CN¥3.4B and total debt of CN¥239.8M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CN¥4.1B and CN¥712.9M respectively. Namchow Food Group (Shanghai)'s EBIT is CN¥255.5M making its interest coverage ratio -6.2. It has cash and short-term investments of CN¥1.8B.
Key information
7.0%
Debt to equity ratio
CN¥239.81m
Debt
| Interest coverage ratio | -6.2x |
| Cash | CN¥1.77b |
| Equity | CN¥3.42b |
| Total liabilities | CN¥712.87m |
| Total assets | CN¥4.14b |
Recent financial health updates
Recent updates
Namchow Food Group (Shanghai) (SHSE:605339) Might Be Having Difficulty Using Its Capital Effectively
May 27
Subdued Growth No Barrier To Namchow Food Group (Shanghai) Co., Ltd.'s (SHSE:605339) Price
Apr 15Namchow Food Group (Shanghai)'s (SHSE:605339) Earnings Are Weaker Than They Seem
Mar 18We Think Namchow Food Group (Shanghai) (SHSE:605339) Can Stay On Top Of Its Debt
Feb 28Financial Position Analysis
Short Term Liabilities: 605339's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥649.4M).
Long Term Liabilities: 605339's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥63.4M).
Debt to Equity History and Analysis
Debt Level: 605339 has more cash than its total debt.
Reducing Debt: 605339's debt to equity ratio has reduced from 33% to 7% over the past 5 years.
Debt Coverage: 605339's debt is well covered by operating cash flow (182.6%).
Interest Coverage: 605339 earns more interest than it pays, so coverage of interest payments is not a concern.