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 ratio | 16.3x |
| Cash | CN¥1.74b |
| Equity | CN¥10.93b |
| Total liabilities | CN¥9.98b |
| Total assets | CN¥20.91b |
Recent financial health updates
Here's Why Angel Yeast (SHSE:600298) Has A Meaningful Debt Burden
Oct 29
These 4 Measures Indicate That Angel Yeast (SHSE:600298) Is Using Debt Extensively
Jul 29Recent updates
Angel Yeast Co., Ltd (SHSE:600298) Shares Could Be 46% Below Their Intrinsic Value Estimate
Dec 10Why Investors Shouldn't Be Surprised By Angel Yeast Co., Ltd's (SHSE:600298) Low P/E
Nov 22Earnings Troubles May Signal Larger Issues for Angel Yeast (SHSE:600298) Shareholders
Nov 06Here's Why Angel Yeast (SHSE:600298) Has A Meaningful Debt Burden
Oct 29Angel Yeast (SHSE:600298) Will Want To Turn Around Its Return Trends
Oct 14Estimating The Fair Value Of Angel Yeast Co., Ltd (SHSE:600298)
Aug 29These 4 Measures Indicate That Angel Yeast (SHSE:600298) Is Using Debt Extensively
Jul 29Investors Aren't Buying Angel Yeast Co., Ltd's (SHSE:600298) Earnings
Jul 12Angel Yeast (SHSE:600298) Will Be Hoping To Turn Its Returns On Capital Around
May 22Is Angel Yeast Co., Ltd (SHSE:600298) Worth CN¥30.5 Based On Its Intrinsic Value?
May 07Why Investors Shouldn't Be Surprised By Angel Yeast Co., Ltd's (SHSE:600298) Low P/E
Apr 12Solid Earnings May Not Tell The Whole Story For Angel Yeast (SHSE:600298)
Mar 25Financial 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
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:43 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
| Analyst | Institution |
|---|---|
| Siti Bte Salikin | CFRA Equity Research |
| Qiwei Wang | Changjiang Securities Co. LTD. |
| Jing Huang | Chasing Securities |