Zhongnongfa Seed Industry Group Balance Sheet Health
Financial Health criteria checks 5/6
Zhongnongfa Seed Industry Group has a total shareholder equity of CN¥2.9B and total debt of CN¥319.5M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥4.8B and CN¥1.8B respectively. Zhongnongfa Seed Industry Group's EBIT is CN¥154.1M making its interest coverage ratio -207.3. It has cash and short-term investments of CN¥1.5B.
Key information
10.8%
Debt to equity ratio
CN¥319.53m
Debt
| Interest coverage ratio | -207.3x |
| Cash | CN¥1.46b |
| Equity | CN¥2.95b |
| Total liabilities | CN¥1.84b |
| Total assets | CN¥4.79b |
Recent financial health updates
Recent updates
Is Zhongnongfa Seed Industry Group (SHSE:600313) A Risky Investment?
May 27
Zhongnongfa Seed Industry Group's (SHSE:600313) Soft Earnings Are Actually Better Than They Appear
Apr 25Estimating The Fair Value Of Zhongnongfa Seed Industry Group Co., Ltd. (SHSE:600313)
Apr 14There's Been No Shortage Of Growth Recently For Zhongnongfa Seed Industry Group's (SHSE:600313) Returns On Capital
Mar 26Zhongnongfa Seed Industry Group Co., Ltd.'s (SHSE:600313) Shares Leap 25% Yet They're Still Not Telling The Full Story
Mar 04Financial Position Analysis
Short Term Liabilities: 600313's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 600313's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥539.2M).
Debt to Equity History and Analysis
Debt Level: 600313 has more cash than its total debt.
Reducing Debt: 600313's debt to equity ratio has increased from 9.9% to 10.8% over the past 5 years.
Debt Coverage: 600313's debt is well covered by operating cash flow (118.9%).
Interest Coverage: 600313 earns more interest than it pays, so coverage of interest payments is not a concern.