Sinofert Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Sinofert Holdings has a total shareholder equity of CN¥9.9B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are CN¥22.0B and CN¥12.1B respectively. Sinofert Holdings's EBIT is CN¥675.9M making its interest coverage ratio -16.4. It has cash and short-term investments of CN¥3.9B.
Key information
18.0%
Debt to equity ratio
CN¥1.79b
Debt
| Interest coverage ratio | -16.4x |
| Cash | CN¥3.92b |
| Equity | CN¥9.92b |
| Total liabilities | CN¥12.06b |
| Total assets | CN¥21.98b |
Recent financial health updates
Is Sinofert Holdings (HKG:297) A Risky Investment?
Jun 17
Sinofert Holdings (HKG:297) Has A Rock Solid Balance Sheet
Oct 05Here's Why Sinofert Holdings (HKG:297) Can Manage Its Debt Responsibly
Apr 14These 4 Measures Indicate That Sinofert Holdings (HKG:297) Is Using Debt Reasonably Well
Sep 20Sinofert Holdings (HKG:297) Takes On Some Risk With Its Use Of Debt
Mar 31Recent updates
Is Sinofert Holdings (HKG:297) A Risky Investment?
Jun 17Sinofert Holdings' (HKG:297) Soft Earnings Don't Show The Whole Picture
May 02Sinofert Holdings (HKG:297) Has More To Do To Multiply In Value Going Forward
Apr 29A Look At The Fair Value Of Sinofert Holdings Limited (HKG:297)
Jan 30Sinofert Holdings (HKG:297) Shareholders Will Want The ROCE Trajectory To Continue
Dec 30Investors Will Want Sinofert Holdings' (HKG:297) Growth In ROCE To Persist
Jul 27Sinofert Holdings' (HKG:297) Dividend Will Be Increased To CN¥0.0623
May 26Returns On Capital Are Showing Encouraging Signs At Sinofert Holdings (HKG:297)
Mar 07Returns At Sinofert Holdings (HKG:297) Are On The Way Up
Nov 04Sinofert Holdings (HKG:297) Has A Rock Solid Balance Sheet
Oct 05Sinofert Holdings (HKG:297) Has Announced That It Will Be Increasing Its Dividend To HK$0.053
May 19Here's Why Sinofert Holdings (HKG:297) Can Manage Its Debt Responsibly
Apr 14A Look At The Intrinsic Value Of Sinofert Holdings Limited (HKG:297)
Mar 23Sinofert Holdings (HKG:297) Shareholders Will Want The ROCE Trajectory To Continue
Feb 12Calculating The Intrinsic Value Of Sinofert Holdings Limited (HKG:297)
Nov 28Sinofert Holdings (HKG:297) Is Experiencing Growth In Returns On Capital
Nov 01These 4 Measures Indicate That Sinofert Holdings (HKG:297) Is Using Debt Reasonably Well
Sep 20Calculating The Intrinsic Value Of Sinofert Holdings Limited (HKG:297)
Aug 30Sinofert Holdings' (HKG:297) Returns On Capital Are Heading Higher
Aug 02The Return Trends At Sinofert Holdings (HKG:297) Look Promising
Apr 28Sinofert Holdings (HKG:297) Takes On Some Risk With Its Use Of Debt
Mar 31Did You Miss Sinofert Holdings' (HKG:297) 19% Share Price Gain?
Feb 08Does Sinofert Holdings's (HKG:297) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 17Returns On Capital - An Important Metric For Sinofert Holdings (HKG:297)
Nov 29
Financial Position Analysis
Short Term Liabilities: 297's short term assets (CN¥14.1B) exceed its short term liabilities (CN¥10.6B).
Long Term Liabilities: 297's short term assets (CN¥14.1B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 297 has more cash than its total debt.
Reducing Debt: 297's debt to equity ratio has reduced from 42.6% to 18% over the past 5 years.
Debt Coverage: 297's debt is well covered by operating cash flow (138.9%).
Interest Coverage: 297 earns more interest than it pays, so coverage of interest payments is not a concern.