Yantai Shuangta Food Balance Sheet Health
Financial Health criteria checks 4/6
Yantai Shuangta Food has a total shareholder equity of CN¥2.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 48.2%. Its total assets and total liabilities are CN¥4.7B and CN¥2.1B respectively. Yantai Shuangta Food's EBIT is CN¥194.8M making its interest coverage ratio 105.8. It has cash and short-term investments of CN¥1.1B.
Key information
48.2%
Debt to equity ratio
CN¥1.27b
Debt
| Interest coverage ratio | 105.8x |
| Cash | CN¥1.13b |
| Equity | CN¥2.64b |
| Total liabilities | CN¥2.07b |
| Total assets | CN¥4.71b |
Recent financial health updates
Here's Why Yantai Shuangta Food (SZSE:002481) Can Manage Its Debt Responsibly
Nov 30
Is Yantai Shuangta Food (SZSE:002481) A Risky Investment?
Jun 11Recent updates
Yantai Shuangta Food Co., Ltd. (SZSE:002481) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
Dec 12Here's Why Yantai Shuangta Food (SZSE:002481) Can Manage Its Debt Responsibly
Nov 30Yantai Shuangta Food Co., Ltd.'s (SZSE:002481) Popularity With Investors Is Under Threat From Overpricing
Sep 30Yantai Shuangta Food's (SZSE:002481) Earnings May Just Be The Starting Point
Aug 30Is Yantai Shuangta Food (SZSE:002481) A Risky Investment?
Jun 11There's Reason For Concern Over Yantai Shuangta Food Co., Ltd.'s (SZSE:002481) Massive 35% Price Jump
May 21Subdued Growth No Barrier To Yantai Shuangta Food Co., Ltd. (SZSE:002481) With Shares Advancing 25%
Mar 07Financial Position Analysis
Short Term Liabilities: 002481's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002481's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥212.4M).
Debt to Equity History and Analysis
Debt Level: 002481's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 002481's debt to equity ratio has increased from 42.8% to 48.2% over the past 5 years.
Debt Coverage: 002481's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 002481's interest payments on its debt are well covered by EBIT (105.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 06:43 |
| 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
Yantai Shuangta Food Co., Ltd. is covered by 8 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 |
|---|---|
| YANG QIAO | Changjiang Securities Co. LTD. |
| Guangyang Dong | China Merchants Securities Co. Ltd. |
| Xiao Bao Liu | Everbright Securities Co. Ltd. |