Yuan Long Ping High-Tech Agriculture Balance Sheet Health
Financial Health criteria checks 2/6
Yuan Long Ping High-Tech Agriculture has a total shareholder equity of CN¥8.1B and total debt of CN¥12.0B, which brings its debt-to-equity ratio to 148.1%. Its total assets and total liabilities are CN¥26.3B and CN¥18.2B respectively. Yuan Long Ping High-Tech Agriculture's EBIT is CN¥678.4M making its interest coverage ratio 7.3. It has cash and short-term investments of CN¥3.7B.
Key information
148.1%
Debt to equity ratio
CN¥11.95b
Debt
| Interest coverage ratio | 7.3x |
| Cash | CN¥3.73b |
| Equity | CN¥8.07b |
| Total liabilities | CN¥18.21b |
| Total assets | CN¥26.28b |
Recent financial health updates
Here's Why Yuan Long Ping High-Tech Agriculture (SZSE:000998) Has A Meaningful Debt Burden
Dec 13
These 4 Measures Indicate That Yuan Long Ping High-Tech Agriculture (SZSE:000998) Is Using Debt Extensively
Aug 22Recent updates
Here's Why Yuan Long Ping High-Tech Agriculture (SZSE:000998) Has A Meaningful Debt Burden
Dec 13Why Yuan Long Ping High-Tech Agriculture's (SZSE:000998) Earnings Are Better Than They Seem
Nov 06These 4 Measures Indicate That Yuan Long Ping High-Tech Agriculture (SZSE:000998) Is Using Debt Extensively
Aug 22Yuan Long Ping High-Tech Agriculture Co., Ltd.'s (SZSE:000998) Price Is Out Of Tune With Revenues
Aug 05Capital Allocation Trends At Yuan Long Ping High-Tech Agriculture (SZSE:000998) Aren't Ideal
Jun 30Yuan Long Ping High-Tech Agriculture's (SZSE:000998) Strong Earnings Are Of Good Quality
May 05Growth Investors: Industry Analysts Just Upgraded Their Yuan Long Ping High-Tech Agriculture Co., Ltd. (SZSE:000998) Revenue Forecasts By 18%
Apr 30Estimating The Intrinsic Value Of Yuan Long Ping High-Tech Agriculture Co., Ltd. (SZSE:000998)
Mar 21Yuan Long Ping High-Tech Agriculture Co., Ltd.'s (SZSE:000998) Earnings Haven't Escaped The Attention Of Investors
Feb 29Financial Position Analysis
Short Term Liabilities: 000998's short term assets (CN¥11.2B) do not cover its short term liabilities (CN¥12.2B).
Long Term Liabilities: 000998's short term assets (CN¥11.2B) exceed its long term liabilities (CN¥6.0B).
Debt to Equity History and Analysis
Debt Level: 000998's net debt to equity ratio (101.9%) is considered high.
Reducing Debt: 000998's debt to equity ratio has increased from 98.4% to 148.1% over the past 5 years.
Debt Coverage: 000998's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000998's interest payments on its debt are well covered by EBIT (7.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:43 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Yuan Long Ping High-Tech Agriculture Co., Ltd. is covered by 25 analysts. 7 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 |
|---|---|
| Jia Chen | Changjiang Securities Co. LTD. |
| Xie Zhiyou | China Galaxy Securities Co., Ltd. |
| Siyang Wang | China International Capital Corporation Limited |