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
CashCN¥3.67b
EquityCN¥10.20b
Total liabilitiesCN¥6.81b
Total assetsCN¥17.01b

Recent financial health updates

Recent updates

What China Foods Limited's (HKG:506) P/E Is Not Telling You

Aug 28
What China Foods Limited's (HKG:506) P/E Is Not Telling You

We Think China Foods' (HKG:506) Profit Is Only A Baseline For What They Can Achieve

May 02
We Think China Foods' (HKG:506) Profit Is Only A Baseline For What They Can Achieve

Risks To Shareholder Returns Are Elevated At These Prices For China Foods Limited (HKG:506)

Jan 23
Risks To Shareholder Returns Are Elevated At These Prices For China Foods Limited (HKG:506)

Returns On Capital Are Showing Encouraging Signs At China Foods (HKG:506)

Oct 09
Returns On Capital Are Showing Encouraging Signs At China Foods (HKG:506)

China Foods Limited (HKG:506) Shares Could Be 30% Below Their Intrinsic Value Estimate

Sep 12
China Foods Limited (HKG:506) Shares Could Be 30% Below Their Intrinsic Value Estimate

China Foods' (HKG:506) Dividend Will Be Increased To CN¥0.133

Jun 07
China Foods' (HKG:506) Dividend Will Be Increased To CN¥0.133

There's Been No Shortage Of Growth Recently For China Foods' (HKG:506) Returns On Capital

May 25
There's Been No Shortage Of Growth Recently For China Foods' (HKG:506) Returns On Capital

China Foods' (HKG:506) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 04
China Foods' (HKG:506) Shareholders Will Receive A Bigger Dividend Than Last Year

China Foods Limited (HKG:506) Shares Could Be 44% Below Their Intrinsic Value Estimate

Dec 29
China Foods Limited (HKG:506) Shares Could Be 44% Below Their Intrinsic Value Estimate

China Foods' (HKG:506) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 08
China Foods' (HKG:506) Shareholders Will Receive A Bigger Dividend Than Last Year

China Foods (HKG:506) Is Paying Out A Larger Dividend Than Last Year

May 02
China Foods (HKG:506) Is Paying Out A Larger Dividend Than Last Year

China Foods' (HKG:506) Upcoming Dividend Will Be Larger Than Last Year's

Apr 01
China Foods' (HKG:506) Upcoming Dividend Will Be Larger Than Last Year's

Is Now The Time To Put China Foods (HKG:506) On Your Watchlist?

Jan 03
Is Now The Time To Put China Foods (HKG:506) On Your Watchlist?

Is Now The Time To Put China Foods (HKG:506) On Your Watchlist?

Sep 02
Is Now The Time To Put China Foods (HKG:506) On Your Watchlist?

The Case For China Foods Limited (HKG:506): Could It Be A Nice Addition To Your Dividend Portfolio?

Apr 26
The Case For China Foods Limited (HKG:506): Could It Be A Nice Addition To Your Dividend Portfolio?

These 4 Measures Indicate That China Foods (HKG:506) Is Using Debt Safely

Mar 30
These 4 Measures Indicate That China Foods (HKG:506) Is Using Debt Safely

How Much Did China Foods'(HKG:506) Shareholders Earn From Share Price Movements Over The Last Three Years?

Mar 07
How Much Did China Foods'(HKG:506) Shareholders Earn From Share Price Movements Over The Last Three Years?

Are China Foods' (HKG:506) Statutory Earnings A Good Guide To Its Underlying Profitability?

Feb 08
Are China Foods' (HKG:506) Statutory Earnings A Good Guide To Its Underlying Profitability?

Does China Foods Limited (HKG:506) Have A Place In Your Dividend Portfolio?

Jan 18
Does China Foods Limited (HKG:506) Have A Place In Your Dividend Portfolio?

China Foods Limited's (HKG:506) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Dec 14
China Foods Limited's (HKG:506) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Reflecting on China Foods' (HKG:506) Share Price Returns Over The Last Three Years

Nov 24
Reflecting on China Foods' (HKG:506) Share Price Returns Over The Last Three Years

Financial 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.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 23:37
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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Industry and Sector Metrics

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Analyst Sources

China Foods Limited is covered by 27 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jenny ChanBOCI Research Ltd.
Wendan WangChina International Capital Corporation Limited
Feiyang YuanChina International Capital Corporation Limited