Qinghai Huzhu TianYouDe Highland Barley Spirit Balance Sheet Health
Financial Health criteria checks 5/6
Qinghai Huzhu TianYouDe Highland Barley Spirit has a total shareholder equity of CN¥2.8B and total debt of CN¥109.3M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are CN¥3.3B and CN¥490.6M respectively. Qinghai Huzhu TianYouDe Highland Barley Spirit's EBIT is CN¥85.5M making its interest coverage ratio -15.9. It has cash and short-term investments of CN¥413.3M.
Key information
3.9%
Debt to equity ratio
CN¥109.26m
Debt
| Interest coverage ratio | -15.9x |
| Cash | CN¥413.28m |
| Equity | CN¥2.81b |
| Total liabilities | CN¥490.58m |
| Total assets | CN¥3.30b |
Recent financial health updates
Recent updates
Investors Interested In Qinghai Huzhu TianYouDe Highland Barley Spirit Co., Ltd.'s (SZSE:002646) Earnings
Sep 27
Is Qinghai Huzhu TianYouDe Highland Barley Spirit Co., Ltd. (SZSE:002646) Potentially Undervalued?
Jul 25Is Qinghai Huzhu TianYouDe Highland Barley Spirit (SZSE:002646) A Risky Investment?
Jun 06Financial Position Analysis
Short Term Liabilities: 002646's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥451.6M).
Long Term Liabilities: 002646's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥39.0M).
Debt to Equity History and Analysis
Debt Level: 002646 has more cash than its total debt.
Reducing Debt: 002646's debt to equity ratio has reduced from 4.2% to 3.9% over the past 5 years.
Debt Coverage: 002646's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002646 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 | 2024/12/25 16:16 |
| End of Day Share Price | 2024/12/25 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
Qinghai Huzhu TianYouDe Highland Barley Spirit Co., Ltd. is covered by 8 analysts. 1 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 |
|---|---|
| Yang Qiao | China International Capital Corporation Limited |
| Weihua Zhu | China Merchants Securities Co. Ltd. |
| Xufa Liao | Goldman Sachs |