Shanghai Hi-Road Food Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Hi-Road Food Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.7B and CN¥200.7M respectively. Shanghai Hi-Road Food Technology's EBIT is CN¥107.2M making its interest coverage ratio -4.4. It has cash and short-term investments of CN¥904.3M.
Key information
0.7%
Debt to equity ratio
CN¥10.00m
Debt
| Interest coverage ratio | -4.4x |
| Cash | CN¥904.34m |
| Equity | CN¥1.53b |
| Total liabilities | CN¥200.68m |
| Total assets | CN¥1.73b |
Recent financial health updates
No updates
Recent updates
Shanghai Hi-Road Food Technology Co., Ltd.'s (SZSE:300915) 27% Dip In Price Shows Sentiment Is Matching Earnings
Jan 12
Shanghai Hi-Road Food Technology's (SZSE:300915) Solid Profits Have Weak Fundamentals
Nov 06Shanghai Hi-Road Food Technology Co., Ltd. (SZSE:300915) Looks Inexpensive But Perhaps Not Attractive Enough
Sep 26Investors Shouldn't Be Too Comfortable With Shanghai Hi-Road Food Technology's (SZSE:300915) Earnings
Apr 30Subdued Growth No Barrier To Shanghai Hi-Road Food Technology Co., Ltd. (SZSE:300915) With Shares Advancing 26%
Apr 03Financial Position Analysis
Short Term Liabilities: 300915's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥153.1M).
Long Term Liabilities: 300915's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥47.6M).
Debt to Equity History and Analysis
Debt Level: 300915 has more cash than its total debt.
Reducing Debt: 300915's debt to equity ratio has reduced from 1.1% to 0.7% over the past 5 years.
Debt Coverage: 300915's debt is well covered by operating cash flow (1321.5%).
Interest Coverage: 300915 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 | 2025/01/31 04:03 |
| End of Day Share Price | 2025/01/27 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
Shanghai Hi-Road Food Technology Co., Ltd. is covered by 2 analysts. 0 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 |