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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHFH.Y's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥6.2B).
Long Term Liabilities: CHFH.Y's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥562.8M).
Debt to Equity History and Analysis
Debt Level: CHFH.Y is debt free.
Reducing Debt: CHFH.Y has no debt compared to 5 years ago when its debt to equity ratio was 13.5%.
Debt Coverage: CHFH.Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CHFH.Y has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 06:35 |
| End of Day Share Price | 2024/11/21 00:00 |
| Earnings | 2024/06/30 |
| 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
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.
| Analyst | Institution |
|---|---|
| Jenny Chan | BOCI Research Ltd. |
| Wendan Wang | China International Capital Corporation Limited |
| Feiyang Yuan | China International Capital Corporation Limited |