DaChan Food (Asia) Balance Sheet Health
Financial Health criteria checks 6/6
DaChan Food (Asia) has a total shareholder equity of CN¥2.4B and total debt of CN¥569.5M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are CN¥3.8B and CN¥1.4B respectively. DaChan Food (Asia)'s EBIT is CN¥64.4M making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥523.8M.
Key information
23.6%
Debt to equity ratio
CN¥569.47m
Debt
| Interest coverage ratio | 5.2x |
| Cash | CN¥523.83m |
| Equity | CN¥2.41b |
| Total liabilities | CN¥1.38b |
| Total assets | CN¥3.80b |
Recent financial health updates
Here's Why DaChan Food (Asia) (HKG:3999) Has A Meaningful Debt Burden
Nov 21
Is DaChan Food (Asia) (HKG:3999) Using Too Much Debt?
Jun 01We Think DaChan Food (Asia) (HKG:3999) Can Manage Its Debt With Ease
Dec 14Does DaChan Food (Asia) (HKG:3999) Have A Healthy Balance Sheet?
Mar 22DaChan Food (Asia) (HKG:3999) Has A Pretty Healthy Balance Sheet
Dec 21Recent updates
DaChan Food (Asia) (HKG:3999) Has Some Difficulty Using Its Capital Effectively
Nov 26Why We're Not Concerned About DaChan Food (Asia) Limited's (HKG:3999) Share Price
Aug 20Capital Allocation Trends At DaChan Food (Asia) (HKG:3999) Aren't Ideal
Mar 06Here's Why DaChan Food (Asia) (HKG:3999) Has A Meaningful Debt Burden
Nov 21Is DaChan Food (Asia) (HKG:3999) Using Too Much Debt?
Jun 01DaChan Food (Asia) (HKG:3999) Could Be Struggling To Allocate Capital
May 05We Like These Underlying Return On Capital Trends At DaChan Food (Asia) (HKG:3999)
Feb 02We Think DaChan Food (Asia) (HKG:3999) Can Manage Its Debt With Ease
Dec 14DaChan Food (Asia) (HKG:3999) Is Reinvesting At Lower Rates Of Return
Sep 28DaChan Food (Asia) (HKG:3999) Is Looking To Continue Growing Its Returns On Capital
Nov 08DaChan Food (Asia) (HKG:3999) Might Have The Makings Of A Multi-Bagger
Apr 19Does DaChan Food (Asia) (HKG:3999) Have A Healthy Balance Sheet?
Mar 22DaChan Food (Asia) (HKG:3999) Shareholders Have Enjoyed A 78% Share Price Gain
Feb 28What Is The Ownership Structure Like For DaChan Food (Asia) Limited (HKG:3999)?
Feb 04
Is There More Growth In Store For DaChan Food (Asia)'s (HKG:3999) Returns On Capital?
Jan 11DaChan Food (Asia) (HKG:3999) Has A Pretty Healthy Balance Sheet
Dec 21Update: DaChan Food (Asia) (HKG:3999) Stock Gained 54% In The Last Year
Nov 30Financial Position Analysis
Short Term Liabilities: 3999's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 3999's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥355.0M).
Debt to Equity History and Analysis
Debt Level: 3999's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 3999's debt to equity ratio has reduced from 54.2% to 23.6% over the past 5 years.
Debt Coverage: 3999's debt is well covered by operating cash flow (64.4%).
Interest Coverage: 3999's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 10:22 |
| End of Day Share Price | 2025/01/09 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
DaChan Food (Asia) Limited is covered by 3 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 |
|---|---|
| Ping Xia | Core Pacific -Yamaichi International (H.K.) Limited |
| Holly Hou | Everbright Securities International (HK) Limited (“EBSIHK”) |
| Adrian Fung | Polaris Securities (Hong Kong) Limited |