China Foods Balance Sheet Health
Financial Health criteria checks 6/6
China Foods has a total shareholder equity of CN¥10.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥17.0B and CN¥6.8B respectively. China Foods's EBIT is CN¥1.8B making its interest coverage ratio -66.8. It has cash and short-term investments of CN¥3.7B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -66.8x |
| Cash | CN¥3.67b |
| Equity | CN¥10.20b |
| Total liabilities | CN¥6.81b |
| Total assets | CN¥17.01b |
Recent financial health updates
Recent updates
What China Foods Limited's (HKG:506) P/E Is Not Telling You
Aug 28
We Think China Foods' (HKG:506) Profit Is Only A Baseline For What They Can Achieve
May 02Risks To Shareholder Returns Are Elevated At These Prices For China Foods Limited (HKG:506)
Jan 23Returns On Capital Are Showing Encouraging Signs At China Foods (HKG:506)
Oct 09China Foods Limited (HKG:506) Shares Could Be 30% Below Their Intrinsic Value Estimate
Sep 12China Foods' (HKG:506) Dividend Will Be Increased To CN¥0.133
Jun 07There's Been No Shortage Of Growth Recently For China Foods' (HKG:506) Returns On Capital
May 25China Foods' (HKG:506) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 04China Foods Limited (HKG:506) Shares Could Be 44% Below Their Intrinsic Value Estimate
Dec 29China Foods' (HKG:506) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 08China Foods (HKG:506) Is Paying Out A Larger Dividend Than Last Year
May 02China Foods' (HKG:506) Upcoming Dividend Will Be Larger Than Last Year's
Apr 01Is Now The Time To Put China Foods (HKG:506) On Your Watchlist?
Jan 03Is Now The Time To Put China Foods (HKG:506) On Your Watchlist?
Sep 02The Case For China Foods Limited (HKG:506): Could It Be A Nice Addition To Your Dividend Portfolio?
Apr 26These 4 Measures Indicate That China Foods (HKG:506) Is Using Debt Safely
Mar 30How Much Did China Foods'(HKG:506) Shareholders Earn From Share Price Movements Over The Last Three Years?
Mar 07Are China Foods' (HKG:506) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 08Does China Foods Limited (HKG:506) Have A Place In Your Dividend Portfolio?
Jan 18
China Foods Limited's (HKG:506) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Dec 14Reflecting on China Foods' (HKG:506) Share Price Returns Over The Last Three Years
Nov 24Financial Position Analysis
Short Term Liabilities: 506's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥6.2B).
Long Term Liabilities: 506's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥562.8M).
Debt to Equity History and Analysis
Debt Level: 506 is debt free.
Reducing Debt: 506 has no debt compared to 5 years ago when its debt to equity ratio was 13.5%.
Debt Coverage: 506 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 506 has no debt, therefore coverage of interest payments is not a concern.