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¥530.1M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are CN¥3.8B and CN¥1.4B respectively. DaChan Food (Asia)'s EBIT is CN¥101.7M making its interest coverage ratio 5.7. It has cash and short-term investments of CN¥621.3M.
Key information
22.3%
Debt to equity ratio
CN¥530.08m
Debt
| Interest coverage ratio | 5.7x |
| Cash | CN¥621.26m |
| Equity | CN¥2.38b |
| Total liabilities | CN¥1.40b |
| Total assets | CN¥3.78b |
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
Capital 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¥1.1B).
Long Term Liabilities: 3999's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥291.6M).
Debt to Equity History and Analysis
Debt Level: 3999 has more cash than its total debt.
Reducing Debt: 3999's debt to equity ratio has reduced from 62.1% to 22.3% over the past 5 years.
Debt Coverage: 3999's debt is well covered by operating cash flow (80.2%).
Interest Coverage: 3999's interest payments on its debt are well covered by EBIT (5.7x coverage).