Ligao Foods Co.,Ltd.

SZSE:300973 Stock Report

Market Cap: CN¥6.8b

Ligao FoodsLtd Balance Sheet Health

Financial Health criteria checks 5/6

Ligao FoodsLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are CN¥4.0B and CN¥1.5B respectively. Ligao FoodsLtd's EBIT is CN¥140.4M making its interest coverage ratio 21.2. It has cash and short-term investments of CN¥1.1B.

Key information

39.2%

Debt to equity ratio

CN¥1.00b

Debt

Interest coverage ratio21.2x
CashCN¥1.09b
EquityCN¥2.56b
Total liabilitiesCN¥1.48b
Total assetsCN¥4.04b

Recent financial health updates

No updates

Recent updates

Ligao Foods Co.,Ltd.'s (SZSE:300973) Stock Retreats 28% But Earnings Haven't Escaped The Attention Of Investors

Jan 12
Ligao Foods Co.,Ltd.'s (SZSE:300973) Stock Retreats 28% But Earnings Haven't Escaped The Attention Of Investors

Ligao FoodsLtd (SZSE:300973) Will Want To Turn Around Its Return Trends

Dec 20
Ligao FoodsLtd (SZSE:300973) Will Want To Turn Around Its Return Trends

An Intrinsic Calculation For Ligao Foods Co.,Ltd. (SZSE:300973) Suggests It's 46% Undervalued

Nov 29
An Intrinsic Calculation For Ligao Foods Co.,Ltd. (SZSE:300973) Suggests It's 46% Undervalued

Ligao FoodsLtd's (SZSE:300973) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 06
Ligao FoodsLtd's (SZSE:300973) Shareholders Have More To Worry About Than Only Soft Earnings

What Does Ligao Foods Co.,Ltd.'s (SZSE:300973) Share Price Indicate?

Oct 28
What Does Ligao Foods Co.,Ltd.'s (SZSE:300973) Share Price Indicate?

The Price Is Right For Ligao Foods Co.,Ltd. (SZSE:300973)

Sep 24
The Price Is Right For Ligao Foods Co.,Ltd. (SZSE:300973)

Ligao Foods Co.,Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Sep 01
Ligao Foods Co.,Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

The Returns On Capital At Ligao FoodsLtd (SZSE:300973) Don't Inspire Confidence

Aug 07
The Returns On Capital At Ligao FoodsLtd (SZSE:300973) Don't Inspire Confidence

Ligao Foods Co.,Ltd. (SZSE:300973) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

May 21
Ligao Foods Co.,Ltd. (SZSE:300973) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

Earnings Troubles May Signal Larger Issues for Ligao FoodsLtd (SZSE:300973) Shareholders

May 05
Earnings Troubles May Signal Larger Issues for Ligao FoodsLtd (SZSE:300973) Shareholders

Results: Ligao Foods Co.,Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

Apr 30
Results: Ligao Foods Co.,Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

Are Ligao Foods Co.,Ltd. (SZSE:300973) Investors Paying Above The Intrinsic Value?

Apr 12
Are Ligao Foods Co.,Ltd. (SZSE:300973) Investors Paying Above The Intrinsic Value?

Be Wary Of Ligao FoodsLtd (SZSE:300973) And Its Returns On Capital

Mar 05
Be Wary Of Ligao FoodsLtd (SZSE:300973) And Its Returns On Capital

Financial Position Analysis

Short Term Liabilities: 300973's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥609.5M).

Long Term Liabilities: 300973's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥871.5M).

Debt to Equity History and Analysis

Debt Level: 300973 has more cash than its total debt.

Reducing Debt: 300973's debt to equity ratio has increased from 14.2% to 39.2% over the past 5 years.

Debt Coverage: 300973's debt is well covered by operating cash flow (42.3%).

Interest Coverage: 300973's interest payments on its debt are well covered by EBIT (21.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 03:28
End of Day Share Price 2025/01/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ligao Foods Co.,Ltd. is covered by 18 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jack ChenBofA Global Research
Wendan WangChina International Capital Corporation Limited
Jiaqi YuChina Merchants Securities Co. Ltd.