China Starch Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China Starch Holdings has a total shareholder equity of CN¥4.1B and total debt of CN¥73.3M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥5.4B and CN¥1.3B respectively. China Starch Holdings's EBIT is CN¥539.0M making its interest coverage ratio -21.8. It has cash and short-term investments of CN¥1.1B.
Key information
1.8%
Debt to equity ratio
CN¥73.32m
Debt
| Interest coverage ratio | -21.8x |
| Cash | CN¥1.09b |
| Equity | CN¥4.15b |
| Total liabilities | CN¥1.29b |
| Total assets | CN¥5.44b |
Recent financial health updates
Here's Why China Starch Holdings (HKG:3838) Can Manage Its Debt Responsibly
Jun 04
Here's Why China Starch Holdings (HKG:3838) Can Manage Its Debt Responsibly
Apr 19We Think China Starch Holdings (HKG:3838) Can Stay On Top Of Its Debt
Dec 02Is China Starch Holdings (HKG:3838) A Risky Investment?
Apr 27Recent updates
Here's Why China Starch Holdings (HKG:3838) Can Manage Its Debt Responsibly
Jun 04A Look At The Fair Value Of China Starch Holdings Limited (HKG:3838)
Mar 21Here's Why China Starch Holdings (HKG:3838) Has Caught The Eye Of Investors
Mar 01China Starch Holdings' (HKG:3838) Returns Have Hit A Wall
Nov 17Do China Starch Holdings' (HKG:3838) Earnings Warrant Your Attention?
Sep 25China Starch Holdings (HKG:3838) Has More To Do To Multiply In Value Going Forward
Jul 01Here's Why I Think China Starch Holdings (HKG:3838) Is An Interesting Stock
Jun 09Here's Why China Starch Holdings (HKG:3838) Can Manage Its Debt Responsibly
Apr 19China Starch Holdings (HKG:3838) Is Looking To Continue Growing Its Returns On Capital
Mar 18We Think China Starch Holdings (HKG:3838) Can Stay On Top Of Its Debt
Dec 02A Look At The Intrinsic Value Of China Starch Holdings Limited (HKG:3838)
Aug 16China Starch Holdings (HKG:3838) Shareholders Will Want The ROCE Trajectory To Continue
Jun 09Is China Starch Holdings (HKG:3838) A Risky Investment?
Apr 27Calculating The Intrinsic Value Of China Starch Holdings Limited (HKG:3838)
Apr 07Returns On Capital At China Starch Holdings (HKG:3838) Paint An Interesting Picture
Mar 11China Starch Holdings'(HKG:3838) Share Price Is Down 52% Over The Past Three Years.
Jan 11
Is China Starch Holdings (HKG:3838) Likely To Turn Things Around?
Dec 11How Much Does China Starch Holdings' (HKG:3838) CEO Make?
Nov 20Financial Position Analysis
Short Term Liabilities: 3838's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 3838's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥267.9M).
Debt to Equity History and Analysis
Debt Level: 3838 has more cash than its total debt.
Reducing Debt: 3838's debt to equity ratio has increased from 1.1% to 1.8% over the past 5 years.
Debt Coverage: 3838's debt is well covered by operating cash flow (676.8%).
Interest Coverage: 3838 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 | 2024/12/23 08:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| 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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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
China Starch Holdings Limited is covered by 4 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 |
|---|---|
| null null | CCB International Securities Limited |
| Ping Xia | Core Pacific -Yamaichi International (H.K.) Limited |
| Decun Guo | Datong Securities Brokerage Co. Ltd. |