China Foods Limited

HKSE 0506.HK

China Foods Limited Interest Coverage Ratio for the year ending December 31, 2023: 351.61

China Foods Limited Interest Coverage Ratio is 351.61 for the year ending December 31, 2023, a -21.72% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

China Foods Limited Interest Coverage Ratio for the year ending December 31, 2022 was 449.14, a 48.78% change year over year.
China Foods Limited Interest Coverage Ratio for the year ending December 31, 2021 was 301.89, a 497.92% change year over year.
China Foods Limited Interest Coverage Ratio for the year ending December 31, 2020 was 50.49, a 224.71% change year over year.
China Foods Limited Interest Coverage Ratio for the year ending December 31, 2019 was 15.55, a 86.69% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

HKSE: 0506.HK

China Foods Limited

CEO	Mr. Xinwen Shen
IPO Date	Oct. 7, 1988
Location	Hong Kong
Headquarters	COFCO Tower
Employees	17,821
Sector	Consumers Staples
Industries Non-Alcoholic Beverages Alcoholic Beverages Consumer Packaged Goods Food & Beverages Frozen Foods Retail & Wholesale Snack Foods Soft Drinks & Sodas

Description

China Foods Limited, an investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People's Republic of China. The company offers sparkling drinks, juices, water, milk drinks, energy drinks, tea, coffee, functional nutrition drinks, sports and plant-based protein drinks, and alcoholic drinks. It is also involved in the production, sale, and distribution of beverage bottles; wholesale and retail of pre-packaged foods, and raw and auxiliary materials; provision of supply chain information consultation, management, and other services; and wholesale of packaged foods. In addition, the company provides enterprise management and consulting, business information consulting, and marketing planning services, as well as computer information system development, consulting, promotion, and other services. Further, it engages in the food business and internet sale of food. The company was formerly known as COFCO International Limited. China Foods Limited was founded in 1990 and is headquartered in Causeway Bay, Hong Kong. China Foods Limited is a subsidiary of China Foods (Holdings) Limited.

Key trends

Past 5 years