Wens Foodstuff Group Balance Sheet Health
Financial Health criteria checks 5/6
Wens Foodstuff Group has a total shareholder equity of CN¥42.2B and total debt of CN¥22.7B, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are CN¥93.4B and CN¥51.2B respectively. Wens Foodstuff Group's EBIT is CN¥6.3B making its interest coverage ratio 10.9. It has cash and short-term investments of CN¥9.7B.
Key information
53.9%
Debt to equity ratio
CN¥22.72b
Debt
| Interest coverage ratio | 10.9x |
| Cash | CN¥9.71b |
| Equity | CN¥42.17b |
| Total liabilities | CN¥51.25b |
| Total assets | CN¥93.42b |
Recent financial health updates
Recent updates
Market Participants Recognise Wens Foodstuff Group Co., Ltd.'s (SZSE:300498) Revenues
Oct 23
Investors Could Be Concerned With Wens Foodstuff Group's (SZSE:300498) Returns On Capital
Sep 25Wens Foodstuff Group Co., Ltd. Just Beat EPS By 12%: Here's What Analysts Think Will Happen Next
Aug 29Here's Why Wens Foodstuff Group (SZSE:300498) Can Afford Some Debt
Aug 12Wens Foodstuff Group's (SZSE:300498) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 16Investors Aren't Entirely Convinced By Wens Foodstuff Group Co., Ltd.'s (SZSE:300498) Revenues
Jun 06Financial Position Analysis
Short Term Liabilities: 300498's short term assets (CN¥34.8B) exceed its short term liabilities (CN¥27.3B).
Long Term Liabilities: 300498's short term assets (CN¥34.8B) exceed its long term liabilities (CN¥23.9B).
Debt to Equity History and Analysis
Debt Level: 300498's net debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: 300498's debt to equity ratio has increased from 22.4% to 53.9% over the past 5 years.
Debt Coverage: 300498's debt is well covered by operating cash flow (64.9%).
Interest Coverage: 300498's interest payments on its debt are well covered by EBIT (10.9x coverage).