Fujian Funeng Balance Sheet Health
Financial Health criteria checks 4/6
Fujian Funeng has a total shareholder equity of CN¥29.7B and total debt of CN¥18.4B, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are CN¥51.0B and CN¥21.3B respectively. Fujian Funeng's EBIT is CN¥3.4B making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥5.2B.
Key information
62.1%
Debt to equity ratio
CN¥18.45b
Debt
| Interest coverage ratio | -5.2x |
| Cash | CN¥5.20b |
| Equity | CN¥29.71b |
| Total liabilities | CN¥21.25b |
| Total assets | CN¥50.97b |
Recent financial health updates
Is Fujian Funeng (SHSE:600483) Using Too Much Debt?
Jul 15
Fujian Funeng (SHSE:600483) Seems To Use Debt Quite Sensibly
Mar 26Recent updates
Is Fujian Funeng Co., Ltd. (SHSE:600483) Trading At A 22% Discount?
Sep 29The Returns At Fujian Funeng (SHSE:600483) Aren't Growing
Sep 10Investors Aren't Buying Fujian Funeng Co., Ltd.'s (SHSE:600483) Earnings
Aug 01Is Fujian Funeng (SHSE:600483) Using Too Much Debt?
Jul 15Calculating The Intrinsic Value Of Fujian Funeng Co., Ltd. (SHSE:600483)
Jun 26Returns On Capital At Fujian Funeng (SHSE:600483) Have Hit The Brakes
Jun 03Fujian Funeng Co., Ltd.'s (SHSE:600483) Business And Shares Still Trailing The Market
Apr 16Fujian Funeng (SHSE:600483) Seems To Use Debt Quite Sensibly
Mar 26We Ran A Stock Scan For Earnings Growth And Fujian Funeng (SHSE:600483) Passed With Ease
Mar 04Financial Position Analysis
Short Term Liabilities: 600483's short term assets (CN¥11.5B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 600483's short term assets (CN¥11.5B) do not cover its long term liabilities (CN¥15.7B).
Debt to Equity History and Analysis
Debt Level: 600483's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: 600483's debt to equity ratio has reduced from 79.4% to 62.1% over the past 5 years.
Debt Coverage: 600483's debt is well covered by operating cash flow (27.8%).
Interest Coverage: 600483 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 | 2024/12/22 07:09 |
| End of Day Share Price | 2024/12/20 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Fujian Funeng Co., Ltd. is covered by 12 analysts. 6 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 |
|---|---|
| Weizhi Yuan | Chasing Securities |
| Yigong Tao | China Galaxy Securities Co., Ltd. |
| Jiani Liu | China International Capital Corporation Limited |