Namchow Food Group (Shanghai) Co., Ltd.

SHSE:605339 Stock Report

Market Cap: CN¥7.4b

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
CashCN¥1.59b
EquityCN¥3.40b
Total liabilitiesCN¥820.49m
Total assetsCN¥4.22b

Recent financial health updates

Recent updates

Namchow Food Group (Shanghai) (SHSE:605339) Seems To Use Debt Rather Sparingly

Nov 29
Namchow Food Group (Shanghai) (SHSE:605339) Seems To Use Debt Rather Sparingly

There Is A Reason Namchow Food Group (Shanghai) Co., Ltd.'s (SHSE:605339) Price Is Undemanding

Oct 29
There Is A Reason Namchow Food Group (Shanghai) Co., Ltd.'s (SHSE:605339) Price Is Undemanding

Namchow Food Group (Shanghai) (SHSE:605339) May Have Issues Allocating Its Capital

Sep 25
Namchow Food Group (Shanghai) (SHSE:605339) May Have Issues Allocating Its Capital

Namchow Food Group (Shanghai) (SHSE:605339) Might Be Having Difficulty Using Its Capital Effectively

May 27
Namchow Food Group (Shanghai) (SHSE:605339) Might Be Having Difficulty Using Its Capital Effectively

Subdued Growth No Barrier To Namchow Food Group (Shanghai) Co., Ltd.'s (SHSE:605339) Price

Apr 15
Subdued Growth No Barrier To Namchow Food Group (Shanghai) Co., Ltd.'s (SHSE:605339) Price

Namchow Food Group (Shanghai)'s (SHSE:605339) Earnings Are Weaker Than They Seem

Mar 18
Namchow Food Group (Shanghai)'s (SHSE:605339) Earnings Are Weaker Than They Seem

We Think Namchow Food Group (Shanghai) (SHSE:605339) Can Stay On Top Of Its Debt

Feb 28
We Think Namchow Food Group (Shanghai) (SHSE:605339) Can Stay On Top Of Its Debt

Financial 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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