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¥9.0B, which brings its debt-to-equity ratio to 79.1%. Its total assets and total liabilities are CN¥22.1B and CN¥10.8B respectively. Befar GroupLtd's EBIT is CN¥479.6M making its interest coverage ratio 4.5. It has cash and short-term investments of CN¥2.5B.

Key information

79.1%

Debt to equity ratio

CN¥9.01b

Debt

Interest coverage ratio4.5x
CashCN¥2.46b
EquityCN¥11.39b
Total liabilitiesCN¥10.76b
Total assetsCN¥22.15b

Recent financial health updates

Recent updates

Befar GroupLtd (SHSE:601678) Seems To Be Using A Lot Of Debt

May 26
Befar GroupLtd (SHSE:601678) Seems To Be Using A Lot Of Debt

Befar GroupLtd (SHSE:601678) Will Want To Turn Around Its Return Trends

Mar 28
Befar GroupLtd (SHSE:601678) Will Want To Turn Around Its Return Trends

Earnings Working Against Befar Group Co.,Ltd's (SHSE:601678) Share Price

Mar 01
Earnings Working Against Befar Group Co.,Ltd's (SHSE:601678) Share Price

Financial Position Analysis

Short Term Liabilities: 601678's short term assets (CN¥4.6B) do not cover its short term liabilities (CN¥5.4B).

Long Term Liabilities: 601678's short term assets (CN¥4.6B) do not cover its long term liabilities (CN¥5.3B).


Debt to Equity History and Analysis

Debt Level: 601678's net debt to equity ratio (57.5%) is considered high.

Reducing Debt: 601678's debt to equity ratio has increased from 51.3% to 79.1% over the past 5 years.

Debt Coverage: 601678's debt is not well covered by operating cash flow (8.8%).

Interest Coverage: 601678's interest payments on its debt are well covered by EBIT (4.5x coverage).


Balance Sheet


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