China Fortune Land Development Balance Sheet Health
Financial Health criteria checks 2/6
China Fortune Land Development has a total shareholder equity of CN¥22.0B and total debt of CN¥167.7B, which brings its debt-to-equity ratio to 760.9%. Its total assets and total liabilities are CN¥323.8B and CN¥301.8B respectively.
Key information
760.9%
Debt to equity ratio
CN¥167.65b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.62b |
| Equity | CN¥22.03b |
| Total liabilities | CN¥301.77b |
| Total assets | CN¥323.80b |
Recent financial health updates
Recent updates
Is China Fortune Land Development (SHSE:600340) A Risky Investment?
Dec 27
China Fortune Land Development Co., Ltd.'s (SHSE:600340) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Dec 01Improved Revenues Required Before China Fortune Land Development Co., Ltd. (SHSE:600340) Stock's 32% Jump Looks Justified
Sep 28Little Excitement Around China Fortune Land Development Co., Ltd.'s (SHSE:600340) Revenues As Shares Take 26% Pounding
Jun 21Financial Position Analysis
Short Term Liabilities: 600340's short term assets (CN¥273.1B) exceed its short term liabilities (CN¥147.8B).
Long Term Liabilities: 600340's short term assets (CN¥273.1B) exceed its long term liabilities (CN¥154.0B).
Debt to Equity History and Analysis
Debt Level: 600340's net debt to equity ratio (739.9%) is considered high.
Reducing Debt: 600340's debt to equity ratio has increased from 265.5% to 760.9% over the past 5 years.
Debt Coverage: 600340's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600340's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 04:16 |
| End of Day Share Price | 2025/01/02 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
China Fortune Land Development Co., Ltd. is covered by 20 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 |
|---|---|
| Xiaofeng Lu | BOCI Research Ltd. |
| Wei Ong | CFRA Equity Research |
| Sicong Shen | Changjiang Securities Co. LTD. |