Chongqing Hongjiu Fruit Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing Hongjiu Fruit has a total shareholder equity of CN¥7.5B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are CN¥11.3B and CN¥3.8B respectively. Chongqing Hongjiu Fruit's EBIT is CN¥1.7B making its interest coverage ratio 16.6. It has cash and short-term investments of CN¥556.5M.
Key information
37.1%
Debt to equity ratio
CN¥2.78b
Debt
| Interest coverage ratio | 16.6x |
| Cash | CN¥556.50m |
| Equity | CN¥7.49b |
| Total liabilities | CN¥3.80b |
| Total assets | CN¥11.29b |
Recent financial health updates
No updates
Recent updates
Calculating The Fair Value Of Chongqing Hongjiu Fruit Co., Limited (HKG:6689)
Feb 08
A Look At The Fair Value Of Chongqing Hongjiu Fruit Co., Limited (HKG:6689)
Sep 04Chongqing Hongjiu Fruit (HKG:6689) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 05Chongqing Hongjiu Fruit Co., Limited's (HKG:6689) Share Price Is Still Matching Investor Opinion Despite 29% Slump
Apr 17Financial Position Analysis
Short Term Liabilities: 6689's short term assets (CN¥11.0B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 6689's short term assets (CN¥11.0B) exceed its long term liabilities (CN¥51.4M).
Debt to Equity History and Analysis
Debt Level: 6689's net debt to equity ratio (29.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 6689's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6689's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6689's interest payments on its debt are well covered by EBIT (16.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/17 08:27 |
| End of Day Share Price | 2024/03/20 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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
Chongqing Hongjiu Fruit Co., Limited is covered by 4 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 |
|---|---|
| Xiaopo Wei | Citigroup Inc |
| null null | CMB International Securities Limited |
| Zhang Liu | Tianfeng Securities Brokerage Co., Ltd |