Sino-Agri Leading BiosciencesLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sino-Agri Leading BiosciencesLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥695.9M, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are CN¥6.0B and CN¥4.4B respectively. Sino-Agri Leading BiosciencesLtd's EBIT is CN¥297.6M making its interest coverage ratio -106.6. It has cash and short-term investments of CN¥860.1M.
Key information
42.1%
Debt to equity ratio
CN¥695.89m
Debt
| Interest coverage ratio | -106.6x |
| Cash | CN¥860.09m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥4.38b |
| Total assets | CN¥6.04b |
Recent financial health updates
Recent updates
Returns At Sino-Agri Leading BiosciencesLtd (SHSE:603970) Appear To Be Weighed Down
Dec 24
Sino-Agri Leading BiosciencesLtd (SHSE:603970) Seems To Use Debt Quite Sensibly
Sep 27Benign Growth For Sino-Agri Leading Biosciences Co.,Ltd (SHSE:603970) Underpins Stock's 25% Plummet
Jul 15Sino-Agri Leading BiosciencesLtd's (SHSE:603970) Shareholders May Want To Dig Deeper Than Statutory Profit
May 02Financial Position Analysis
Short Term Liabilities: 603970's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥4.4B).
Long Term Liabilities: 603970's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥19.7M).
Debt to Equity History and Analysis
Debt Level: 603970 has more cash than its total debt.
Reducing Debt: 603970's debt to equity ratio has reduced from 124.9% to 42.1% over the past 5 years.
Debt Coverage: 603970's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 603970 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 | 2024/12/25 06:57 |
| End of Day Share Price | 2024/12/25 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
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Analyst Sources
Sino-Agri Leading Biosciences Co.,Ltd is covered by 2 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 Liu | Haitong International Research Limited |
| Li Wu | Tianfeng Securities Brokerage Co., Ltd |