Yantai Changyu Pioneer Wine Balance Sheet Health
Financial Health criteria checks 6/6
Yantai Changyu Pioneer Wine has a total shareholder equity of CN¥10.7B and total debt of CN¥376.2M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are CN¥12.3B and CN¥1.6B respectively. Yantai Changyu Pioneer Wine's EBIT is CN¥389.5M making its interest coverage ratio -35.6. It has cash and short-term investments of CN¥1.6B.
Key information
3.5%
Debt to equity ratio
CN¥376.17m
Debt
| Interest coverage ratio | -35.6x |
| Cash | CN¥1.63b |
| Equity | CN¥10.72b |
| Total liabilities | CN¥1.62b |
| Total assets | CN¥12.34b |
Recent financial health updates
Recent updates
Yantai Changyu Pioneer Wine (SZSE:000869) Is Finding It Tricky To Allocate Its Capital
Nov 15
Getting In Cheap On Yantai Changyu Pioneer Wine Company Limited (SZSE:000869) Might Be Difficult
Oct 01Is Yantai Changyu Pioneer Wine (SZSE:000869) Using Too Much Debt?
Sep 12Investors Could Be Concerned With Yantai Changyu Pioneer Wine's (SZSE:000869) Returns On Capital
Jul 24Yantai Changyu Pioneer Wine's (SZSE:000869) Dividend Will Be Increased To CN¥0.5042
Jun 12Some Confidence Is Lacking In Yantai Changyu Pioneer Wine Company Limited's (SZSE:000869) P/E
Jun 10We Think That There Are Issues Underlying Yantai Changyu Pioneer Wine's (SZSE:000869) Earnings
Apr 24These Return Metrics Don't Make Yantai Changyu Pioneer Wine (SZSE:000869) Look Too Strong
Apr 12Financial Position Analysis
Short Term Liabilities: 000869's short term assets (CN¥5.2B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 000869's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥161.1M).
Debt to Equity History and Analysis
Debt Level: 000869 has more cash than its total debt.
Reducing Debt: 000869's debt to equity ratio has reduced from 10% to 3.5% over the past 5 years.
Debt Coverage: 000869's debt is well covered by operating cash flow (166%).
Interest Coverage: 000869 earns more interest than it pays, so 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 | 2024/12/23 10:41 |
| 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 |
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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
Yantai Changyu Pioneer Wine Company Limited is covered by 26 analysts. 1 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 |
|---|---|
| Zongjun ZHAO | BOCI Research Ltd. |
| Wendan Wang | China International Capital Corporation Limited |
| Feiyang Yuan | China International Capital Corporation Limited |