Shenzhen Cereals HoldingsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Cereals HoldingsLtd has a total shareholder equity of CN¥4.8B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are CN¥7.2B and CN¥2.4B respectively. Shenzhen Cereals HoldingsLtd's EBIT is CN¥416.8M making its interest coverage ratio 14.9. It has cash and short-term investments of CN¥293.5M.
Key information
22.7%
Debt to equity ratio
CN¥1.10b
Debt
| Interest coverage ratio | 14.9x |
| Cash | CN¥293.45m |
| Equity | CN¥4.84b |
| Total liabilities | CN¥2.38b |
| Total assets | CN¥7.22b |
Recent financial health updates
Recent updates
Shenzhen Cereals HoldingsLtd (SZSE:000019) Seems To Use Debt Quite Sensibly
Dec 22
Shenzhen Cereals HoldingsLtd's (SZSE:000019) Returns Have Hit A Wall
Nov 29Why Shenzhen Cereals HoldingsLtd's (SZSE:000019) Shaky Earnings Are Just The Beginning Of Its Problems
Sep 02Returns On Capital At Shenzhen Cereals HoldingsLtd (SZSE:000019) Have Stalled
Aug 01Financial Position Analysis
Short Term Liabilities: 000019's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 000019's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥135.4M).
Debt to Equity History and Analysis
Debt Level: 000019's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: 000019's debt to equity ratio has increased from 20.4% to 22.7% over the past 5 years.
Debt Coverage: 000019's debt is well covered by operating cash flow (36.5%).
Interest Coverage: 000019's interest payments on its debt are well covered by EBIT (14.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 17:04 |
| End of Day Share Price | 2024/12/27 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
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Analyst Sources
Shenzhen Cereals Holdings Co.,Ltd. is covered by 1 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 |
|---|---|
| Qing Qing Su | Huatai Research |