Wellhope Foods Balance Sheet Health
Financial Health criteria checks 4/6
Wellhope Foods has a total shareholder equity of CN¥7.6B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are CN¥15.3B and CN¥7.6B respectively.
Key information
53.9%
Debt to equity ratio
CN¥4.12b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.62b |
| Equity | CN¥7.64b |
| Total liabilities | CN¥7.64b |
| Total assets | CN¥15.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603609's short term assets (CN¥6.6B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 603609's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 603609's net debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: 603609's debt to equity ratio has increased from 25.9% to 53.9% over the past 5 years.
Debt Coverage: 603609's debt is well covered by operating cash flow (30.2%).
Interest Coverage: Insufficient data to determine if 603609's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:35 |
| End of Day Share Price | 2024/12/23 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wellhope Foods Co., Ltd. is covered by 11 analysts. 4 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 |
|---|---|
| Liang Long | Chasing Securities |
| Xie Zhiyou | China Galaxy Securities Co., Ltd. |
| Junhao Fan | China International Capital Corporation Limited |