China Putian Food Holding Balance Sheet Health
Financial Health criteria checks 1/6
China Putian Food Holding has a total shareholder equity of CN¥261.4M and total debt of CN¥371.7M, which brings its debt-to-equity ratio to 142.2%. Its total assets and total liabilities are CN¥826.4M and CN¥565.0M respectively.
Key information
142.2%
Debt to equity ratio
CN¥371.70m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥6.59m |
| Equity | CN¥261.41m |
| Total liabilities | CN¥565.00m |
| Total assets | CN¥826.41m |
Recent financial health updates
Health Check: How Prudently Does China Putian Food Holding (HKG:1699) Use Debt?
Sep 27
Does China Putian Food Holding (HKG:1699) Have A Healthy Balance Sheet?
Apr 16China Putian Food Holding (HKG:1699) Takes On Some Risk With Its Use Of Debt
Dec 13
Recent updates
Health Check: How Prudently Does China Putian Food Holding (HKG:1699) Use Debt?
Sep 27We Discuss Why China Putian Food Holding Limited's (HKG:1699) CEO Compensation May Be Closely Reviewed
Jul 30Does China Putian Food Holding (HKG:1699) Have A Healthy Balance Sheet?
Apr 16Will China Putian Food Holding (HKG:1699) Multiply In Value Going Forward?
Feb 21Are China Putian Food Holding's (HKG:1699) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 17China Putian Food Holding (HKG:1699) Takes On Some Risk With Its Use Of Debt
Dec 13Financial Position Analysis
Short Term Liabilities: 1699's short term assets (CN¥320.1M) do not cover its short term liabilities (CN¥533.8M).
Long Term Liabilities: 1699's short term assets (CN¥320.1M) exceed its long term liabilities (CN¥31.2M).
Debt to Equity History and Analysis
Debt Level: 1699's net debt to equity ratio (139.7%) is considered high.
Reducing Debt: 1699's debt to equity ratio has increased from 55.4% to 142.2% over the past 5 years.
Debt Coverage: 1699's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1699'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 | 2023/06/28 21:08 |
| End of Day Share Price | 2023/03/31 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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 Putian Food Holding Limited is covered by 0 analysts. 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 |
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