Panda Dairy Corporation

SZSE:300898 Stock Report

Market Cap: CN¥2.7b

Panda Dairy Balance Sheet Health

Financial Health criteria checks 6/6

Panda Dairy has a total shareholder equity of CN¥939.2M and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥1.0B and CN¥110.1M respectively. Panda Dairy's EBIT is CN¥104.3M making its interest coverage ratio -8.3. It has cash and short-term investments of CN¥468.0M.

Key information

2.1%

Debt to equity ratio

CN¥20.02m

Debt

Interest coverage ratio-8.3x
CashCN¥468.05m
EquityCN¥939.17m
Total liabilitiesCN¥110.06m
Total assetsCN¥1.05b

Recent financial health updates

No updates

Recent updates

We Think Panda Dairy's (SZSE:300898) Solid Earnings Are Understated

Aug 22
We Think Panda Dairy's (SZSE:300898) Solid Earnings Are Understated

Panda Dairy (SZSE:300898) Is Increasing Its Dividend To CN¥0.50

May 24
Panda Dairy (SZSE:300898) Is Increasing Its Dividend To CN¥0.50

Panda Dairy (SZSE:300898) Might Be Having Difficulty Using Its Capital Effectively

Apr 16
Panda Dairy (SZSE:300898) Might Be Having Difficulty Using Its Capital Effectively

Financial Position Analysis

Short Term Liabilities: 300898's short term assets (CN¥668.8M) exceed its short term liabilities (CN¥82.6M).

Long Term Liabilities: 300898's short term assets (CN¥668.8M) exceed its long term liabilities (CN¥27.5M).


Debt to Equity History and Analysis

Debt Level: 300898 has more cash than its total debt.

Reducing Debt: 300898's debt to equity ratio has reduced from 3.6% to 2.1% over the past 5 years.

Debt Coverage: 300898's debt is well covered by operating cash flow (1129.4%).

Interest Coverage: 300898 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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