Zhengzhou Qianweiyangchu Food Balance Sheet Health
Financial Health criteria checks 5/6
Zhengzhou Qianweiyangchu Food has a total shareholder equity of CN¥1.8B and total debt of CN¥161.2M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are CN¥2.3B and CN¥512.8M respectively. Zhengzhou Qianweiyangchu Food's EBIT is CN¥156.4M making its interest coverage ratio -1199.9. It has cash and short-term investments of CN¥526.4M.
Key information
9.0%
Debt to equity ratio
CN¥161.18m
Debt
| Interest coverage ratio | -1199.9x |
| Cash | CN¥526.40m |
| Equity | CN¥1.79b |
| Total liabilities | CN¥512.76m |
| Total assets | CN¥2.30b |
Recent financial health updates
No updates
Recent updates
Zhengzhou Qianweiyangchu Food Co., Ltd.'s (SZSE:001215) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Nov 08
Weak Statutory Earnings May Not Tell The Whole Story For Zhengzhou Qianweiyangchu Food (SZSE:001215)
Nov 05Zhengzhou Qianweiyangchu Food Co., Ltd.'s (SZSE:001215) Share Price Is Matching Sentiment Around Its Earnings
Sep 24Here's What's Concerning About Zhengzhou Qianweiyangchu Food's (SZSE:001215) Returns On Capital
Aug 21Little Excitement Around Zhengzhou Qianweiyangchu Food Co., Ltd.'s (SZSE:001215) Earnings As Shares Take 26% Pounding
Jun 25Zhengzhou Qianweiyangchu Food (SZSE:001215) Will Pay A Larger Dividend Than Last Year At CN¥0.19
Jun 24Zhengzhou Qianweiyangchu Food (SZSE:001215) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 03It's Down 26% But Zhengzhou Qianweiyangchu Food Co., Ltd. (SZSE:001215) Could Be Riskier Than It Looks
May 02Revenue Miss: Zhengzhou Qianweiyangchu Food Co., Ltd. Fell 6.9% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Apr 30Financial Position Analysis
Short Term Liabilities: 001215's short term assets (CN¥966.3M) exceed its short term liabilities (CN¥313.4M).
Long Term Liabilities: 001215's short term assets (CN¥966.3M) exceed its long term liabilities (CN¥199.4M).
Debt to Equity History and Analysis
Debt Level: 001215 has more cash than its total debt.
Reducing Debt: 001215's debt to equity ratio has increased from 5.8% to 9% over the past 5 years.
Debt Coverage: 001215's debt is well covered by operating cash flow (97.1%).
Interest Coverage: 001215 earns more interest than it pays, so coverage of interest payments is not a concern.