Guangdong Yuehai Feeds GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Yuehai Feeds GroupLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥963.4M, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are CN¥4.7B and CN¥2.1B respectively. Guangdong Yuehai Feeds GroupLtd's EBIT is CN¥261.8M making its interest coverage ratio -37.8. It has cash and short-term investments of CN¥942.0M.
Key information
37.0%
Debt to equity ratio
CN¥963.39m
Debt
Interest coverage ratio | -37.8x |
Cash | CN¥941.96m |
Equity | CN¥2.61b |
Total liabilities | CN¥2.12b |
Total assets | CN¥4.73b |
Recent financial health updates
No updates
Recent updates
Why Guangdong Yuehai Feeds GroupLtd's (SZSE:001313) Shaky Earnings Are Just The Beginning Of Its Problems
May 05Be Wary Of Guangdong Yuehai Feeds GroupLtd (SZSE:001313) And Its Returns On Capital
Apr 24Guangdong Yuehai Feeds Group Co.,Ltd. (SZSE:001313) Soars 25% But It's A Story Of Risk Vs Reward
Mar 15Financial Position Analysis
Short Term Liabilities: 001313's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 001313's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥170.0M).
Debt to Equity History and Analysis
Debt Level: 001313's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 001313's debt to equity ratio has increased from 28.9% to 37% over the past 5 years.
Debt Coverage: 001313's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 001313 earns more interest than it pays, so coverage of interest payments is not a concern.