Zhejiang Yiming Food Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Yiming Food has a total shareholder equity of CN¥1.1B and total debt of CN¥527.6M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are CN¥2.8B and CN¥1.7B respectively. Zhejiang Yiming Food's EBIT is CN¥62.0M making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥388.1M.
Key information
47.2%
Debt to equity ratio
CN¥527.57m
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥388.11m |
| Equity | CN¥1.12b |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥2.81b |
Recent financial health updates
No updates
Recent updates
Investors Could Be Concerned With Zhejiang Yiming Food's (SHSE:605179) Returns On Capital
Nov 26
Zhejiang Yiming Food Co., Ltd.'s (SHSE:605179) Price Is Out Of Tune With Revenues
Sep 27Shareholders Will Be Pleased With The Quality of Zhejiang Yiming Food's (SHSE:605179) Earnings
Apr 29Zhejiang Yiming Food Co., Ltd.'s (SHSE:605179) Popularity With Investors Is Clear
Apr 03Financial Position Analysis
Short Term Liabilities: 605179's short term assets (CN¥804.2M) do not cover its short term liabilities (CN¥1.5B).
Long Term Liabilities: 605179's short term assets (CN¥804.2M) exceed its long term liabilities (CN¥190.7M).
Debt to Equity History and Analysis
Debt Level: 605179's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 605179's debt to equity ratio has increased from 21.1% to 47.2% over the past 5 years.
Debt Coverage: 605179's debt is well covered by operating cash flow (49%).
Interest Coverage: 605179's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 02:43 |
| End of Day Share Price | 2024/12/20 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 |
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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
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Analyst Sources
Zhejiang Yiming Food Co., Ltd. is covered by 2 analysts. 0 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 |
|---|---|
| Huijing Yan | Haitong International Research Limited |
| Zhang Liu | Tianfeng Securities Brokerage Co., Ltd |