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¥251.5M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are CN¥4.2B and CN¥820.5M respectively. Namchow Food Group (Shanghai)'s EBIT is CN¥234.4M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥1.6B.
Key information
7.4%
Debt to equity ratio
CN¥251.48m
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥1.59b |
| Equity | CN¥3.40b |
| Total liabilities | CN¥820.49m |
| Total assets | CN¥4.22b |
Recent financial health updates
Namchow Food Group (Shanghai) (SHSE:605339) Seems To Use Debt Rather Sparingly
Nov 29
We Think Namchow Food Group (Shanghai) (SHSE:605339) Can Stay On Top Of Its Debt
Feb 28Recent updates
Namchow Food Group (Shanghai) (SHSE:605339) Seems To Use Debt Rather Sparingly
Nov 29There Is A Reason Namchow Food Group (Shanghai) Co., Ltd.'s (SHSE:605339) Price Is Undemanding
Oct 29Namchow Food Group (Shanghai) (SHSE:605339) May Have Issues Allocating Its Capital
Sep 25Namchow Food Group (Shanghai) (SHSE:605339) Might Be Having Difficulty Using Its Capital Effectively
May 27Subdued 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¥759.6M).
Long Term Liabilities: 605339's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥60.9M).
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 30% to 7.4% over the past 5 years.
Debt Coverage: 605339's debt is well covered by operating cash flow (112.3%).
Interest Coverage: 605339 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:07 |
| End of Day Share Price | 2024/12/23 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Namchow Food Group (Shanghai) Co., Ltd. is covered by 2 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 |
|---|---|
| Zhang Liu | Tianfeng Securities Brokerage Co., Ltd |
| Xiaowei Hua | Topsperity Securities |