Befar GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Befar GroupLtd has a total shareholder equity of CN¥11.4B and total debt of CN¥8.9B, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are CN¥22.3B and CN¥11.0B respectively. Befar GroupLtd's EBIT is CN¥229.5M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥1.2B.
Key information
78.4%
Debt to equity ratio
CN¥8.93b
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥1.16b |
| Equity | CN¥11.39b |
| Total liabilities | CN¥10.95b |
| Total assets | CN¥22.34b |
Recent financial health updates
Recent updates
Befar GroupLtd (SHSE:601678) Is Reinvesting At Lower Rates Of Return
Nov 27
Weak Statutory Earnings May Not Tell The Whole Story For Befar GroupLtd (SHSE:601678)
Sep 05Befar GroupLtd (SHSE:601678) Seems To Be Using A Lot Of Debt
May 26Befar GroupLtd (SHSE:601678) Will Want To Turn Around Its Return Trends
Mar 28Earnings Working Against Befar Group Co.,Ltd's (SHSE:601678) Share Price
Mar 01Financial Position Analysis
Short Term Liabilities: 601678's short term assets (CN¥3.9B) do not cover its short term liabilities (CN¥5.1B).
Long Term Liabilities: 601678's short term assets (CN¥3.9B) do not cover its long term liabilities (CN¥5.8B).
Debt to Equity History and Analysis
Debt Level: 601678's net debt to equity ratio (68.2%) is considered high.
Reducing Debt: 601678's debt to equity ratio has increased from 52.3% to 78.4% over the past 5 years.
Debt Coverage: 601678's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 601678 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 04:53 |
| End of Day Share Price | 2024/12/24 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
Befar Group Co.,Ltd is covered by 10 analysts. 1 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 |
|---|---|
| Xiang Zhang | Changjiang Securities Co. LTD. |
| Wali Yu | China Minzu Securities |
| Xi Xin Wang | Everbright Securities Co. Ltd. |