Zhongnongfa Seed Industry Group Balance Sheet Health
Financial Health criteria checks 4/6
Zhongnongfa Seed Industry Group has a total shareholder equity of CN¥2.9B and total debt of CN¥428.1M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CN¥5.2B and CN¥2.3B respectively. Zhongnongfa Seed Industry Group's EBIT is CN¥70.5M making its interest coverage ratio 15.9. It has cash and short-term investments of CN¥1.4B.
Key information
14.6%
Debt to equity ratio
CN¥428.07m
Debt
| Interest coverage ratio | 15.9x |
| Cash | CN¥1.38b |
| Equity | CN¥2.92b |
| Total liabilities | CN¥2.29b |
| Total assets | CN¥5.22b |
Recent financial health updates
Recent updates
Zhongnongfa Seed Industry Group (SHSE:600313) Might Have The Makings Of A Multi-Bagger
Jan 08
Insufficient Growth At Zhongnongfa Seed Industry Group Co., Ltd. (SHSE:600313) Hampers Share Price
Nov 24Earnings Troubles May Signal Larger Issues for Zhongnongfa Seed Industry Group (SHSE:600313) Shareholders
Nov 01Returns At Zhongnongfa Seed Industry Group (SHSE:600313) Are On The Way Up
Sep 25Why We're Not Concerned About Zhongnongfa Seed Industry Group Co., Ltd.'s (SHSE:600313) Share Price
Aug 08Is Zhongnongfa Seed Industry Group (SHSE:600313) A Risky Investment?
May 27Zhongnongfa 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¥3.7B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 600313's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥532.9M).
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 9.4% to 14.6% over the past 5 years.
Debt Coverage: 600313's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: 600313's interest payments on its debt are well covered by EBIT (15.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 21:26 |
| End of Day Share Price | 2025/01/23 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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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
Zhongnongfa Seed Industry Group 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 |
|---|---|
| Jia Chen | Changjiang Securities Co. LTD. |
| null null | SWS Research Co., Ltd. |