Zhongjing Food Balance Sheet Health
Financial Health criteria checks 6/6
Zhongjing Food has a total shareholder equity of CN¥1.7B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥1.9B and CN¥180.9M respectively. Zhongjing Food's EBIT is CN¥187.8M making its interest coverage ratio -11. It has cash and short-term investments of CN¥719.7M.
Key information
0.6%
Debt to equity ratio
CN¥10.01m
Debt
| Interest coverage ratio | -11x |
| Cash | CN¥719.73m |
| Equity | CN¥1.73b |
| Total liabilities | CN¥180.90m |
| Total assets | CN¥1.91b |
Recent financial health updates
No updates
Recent updates
Zhongjing Food's (SZSE:300908) Returns On Capital Not Reflecting Well On The Business
Nov 29
Zhongjing Food Co., Ltd. (SZSE:300908) Shares Fly 27% But Investors Aren't Buying For Growth
Sep 30Capital Allocation Trends At Zhongjing Food (SZSE:300908) Aren't Ideal
May 22Zhongjing Food (SZSE:300908) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 15Financial Position Analysis
Short Term Liabilities: 300908's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥154.3M).
Long Term Liabilities: 300908's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥26.6M).
Debt to Equity History and Analysis
Debt Level: 300908 has more cash than its total debt.
Reducing Debt: 300908's debt to equity ratio has reduced from 10.5% to 0.6% over the past 5 years.
Debt Coverage: 300908's debt is well covered by operating cash flow (2326%).
Interest Coverage: 300908 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 20:20 |
| 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
Zhongjing Food Co., Ltd. is covered by 3 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 |
|---|---|
| Huijing Yan | Haitong International Research Limited |
| Zhang Liu | Tianfeng Securities Brokerage Co., Ltd |
| Jinsong Fan | Zhongtai Securities Co. Ltd. |