Kingfa Sci. & Tech Balance Sheet Health
Financial Health criteria checks 2/6
Kingfa Sci. & Tech has a total shareholder equity of CN¥20.1B and total debt of CN¥28.3B, which brings its debt-to-equity ratio to 140.8%. Its total assets and total liabilities are CN¥64.6B and CN¥44.5B respectively. Kingfa Sci. & Tech's EBIT is CN¥1.4B making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥3.9B.
Key information
140.8%
Debt to equity ratio
CN¥28.29b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥3.86b |
| Equity | CN¥20.09b |
| Total liabilities | CN¥44.50b |
| Total assets | CN¥64.58b |
Recent financial health updates
Is Kingfa Sci. & Tech (SHSE:600143) A Risky Investment?
Nov 18
Kingfa Sci. & Tech (SHSE:600143) Has No Shortage Of Debt
Aug 06Kingfa Sci. & Tech (SHSE:600143) Seems To Be Using A Lot Of Debt
May 01Recent updates
Capital Allocation Trends At Kingfa Sci. & Tech (SHSE:600143) Aren't Ideal
Dec 24Is Kingfa Sci. & Tech (SHSE:600143) A Risky Investment?
Nov 18Insufficient Growth At Kingfa Sci. & Tech. Co., Ltd. (SHSE:600143) Hampers Share Price
Sep 19Here's What's Concerning About Kingfa Sci. & Tech's (SHSE:600143) Returns On Capital
Aug 27Kingfa Sci. & Tech (SHSE:600143) Has No Shortage Of Debt
Aug 06Kingfa Sci. & Tech (SHSE:600143) Is Reinvesting At Lower Rates Of Return
May 28Investors Can Find Comfort In Kingfa Sci. & Tech's (SHSE:600143) Earnings Quality
May 06Kingfa Sci. & Tech. Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
May 02Kingfa Sci. & Tech (SHSE:600143) Seems To Be Using A Lot Of Debt
May 01Cautious Investors Not Rewarding Kingfa Sci. & Tech. Co., Ltd.'s (SHSE:600143) Performance Completely
Apr 12Is It Too Late To Consider Buying Kingfa Sci. & Tech. Co., Ltd. (SHSE:600143)?
Mar 26Financial Position Analysis
Short Term Liabilities: 600143's short term assets (CN¥26.6B) exceed its short term liabilities (CN¥23.7B).
Long Term Liabilities: 600143's short term assets (CN¥26.6B) exceed its long term liabilities (CN¥20.8B).
Debt to Equity History and Analysis
Debt Level: 600143's net debt to equity ratio (121.6%) is considered high.
Reducing Debt: 600143's debt to equity ratio has increased from 133.1% to 140.8% over the past 5 years.
Debt Coverage: 600143's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: 600143's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 19:48 |
| End of Day Share Price | 2025/01/10 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
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
Kingfa Sci. & Tech. Co., Ltd. is covered by 21 analysts. 2 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 |
|---|---|
| Wei Wan | AJ Securities Co., Ltd |
| Xiang Zhang | Changjiang Securities Co. LTD. |
| Jian Hui | China Merchants Securities Co. Ltd. |