Angel Yeast Co., Ltd

SHSE:600298 Stock Report

Market Cap: CN¥30.8b

Angel Yeast Balance Sheet Health

Financial Health criteria checks 3/6

Angel Yeast has a total shareholder equity of CN¥10.9B and total debt of CN¥6.8B, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are CN¥20.9B and CN¥10.0B respectively. Angel Yeast's EBIT is CN¥1.3B making its interest coverage ratio 16.3. It has cash and short-term investments of CN¥1.7B.

Key information

61.8%

Debt to equity ratio

CN¥6.75b

Debt

Interest coverage ratio16.3x
CashCN¥1.74b
EquityCN¥10.93b
Total liabilitiesCN¥9.98b
Total assetsCN¥20.91b

Recent financial health updates

Recent updates

Angel Yeast Co., Ltd (SHSE:600298) Shares Could Be 46% Below Their Intrinsic Value Estimate

Dec 10
Angel Yeast Co., Ltd (SHSE:600298) Shares Could Be 46% Below Their Intrinsic Value Estimate

Why Investors Shouldn't Be Surprised By Angel Yeast Co., Ltd's (SHSE:600298) Low P/E

Nov 22
Why Investors Shouldn't Be Surprised By Angel Yeast Co., Ltd's (SHSE:600298) Low P/E

Earnings Troubles May Signal Larger Issues for Angel Yeast (SHSE:600298) Shareholders

Nov 06
Earnings Troubles May Signal Larger Issues for Angel Yeast (SHSE:600298) Shareholders

Here's Why Angel Yeast (SHSE:600298) Has A Meaningful Debt Burden

Oct 29
Here's Why Angel Yeast (SHSE:600298) Has A Meaningful Debt Burden

Angel Yeast (SHSE:600298) Will Want To Turn Around Its Return Trends

Oct 14
Angel Yeast (SHSE:600298) Will Want To Turn Around Its Return Trends

Estimating The Fair Value Of Angel Yeast Co., Ltd (SHSE:600298)

Aug 29
Estimating The Fair Value Of Angel Yeast Co., Ltd (SHSE:600298)

These 4 Measures Indicate That Angel Yeast (SHSE:600298) Is Using Debt Extensively

Jul 29
These 4 Measures Indicate That Angel Yeast (SHSE:600298) Is Using Debt Extensively

Investors Aren't Buying Angel Yeast Co., Ltd's (SHSE:600298) Earnings

Jul 12
Investors Aren't Buying Angel Yeast Co., Ltd's (SHSE:600298) Earnings

Angel Yeast (SHSE:600298) Will Be Hoping To Turn Its Returns On Capital Around

May 22
Angel Yeast (SHSE:600298) Will Be Hoping To Turn Its Returns On Capital Around

Is Angel Yeast Co., Ltd (SHSE:600298) Worth CN¥30.5 Based On Its Intrinsic Value?

May 07
Is Angel Yeast Co., Ltd (SHSE:600298) Worth CN¥30.5 Based On Its Intrinsic Value?

Why Investors Shouldn't Be Surprised By Angel Yeast Co., Ltd's (SHSE:600298) Low P/E

Apr 12
Why Investors Shouldn't Be Surprised By Angel Yeast Co., Ltd's (SHSE:600298) Low P/E

Solid Earnings May Not Tell The Whole Story For Angel Yeast (SHSE:600298)

Mar 25
Solid Earnings May Not Tell The Whole Story For Angel Yeast (SHSE:600298)

Financial Position Analysis

Short Term Liabilities: 600298's short term assets (CN¥9.3B) exceed its short term liabilities (CN¥6.7B).

Long Term Liabilities: 600298's short term assets (CN¥9.3B) exceed its long term liabilities (CN¥3.2B).


Debt to Equity History and Analysis

Debt Level: 600298's net debt to equity ratio (45.8%) is considered high.

Reducing Debt: 600298's debt to equity ratio has increased from 59.7% to 61.8% over the past 5 years.

Debt Coverage: 600298's debt is not well covered by operating cash flow (19.1%).

Interest Coverage: 600298's interest payments on its debt are well covered by EBIT (16.3x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 09:43
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Angel Yeast Co., Ltd is covered by 37 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Siti Bte SalikinCFRA Equity Research
Qiwei WangChangjiang Securities Co. LTD.
Jing HuangChasing Securities