Yantai China Pet Foods Balance Sheet Health
Financial Health criteria checks 6/6
Yantai China Pet Foods has a total shareholder equity of CN¥2.6B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are CN¥4.3B and CN¥1.7B respectively. Yantai China Pet Foods's EBIT is CN¥423.9M making its interest coverage ratio -13.5. It has cash and short-term investments of CN¥578.0M.
Key information
42.8%
Debt to equity ratio
CN¥1.13b
Debt
| Interest coverage ratio | -13.5x |
| Cash | CN¥577.99m |
| Equity | CN¥2.64b |
| Total liabilities | CN¥1.68b |
| Total assets | CN¥4.32b |
Recent financial health updates
Recent updates
Are Investors Undervaluing Yantai China Pet Foods Co., Ltd. (SZSE:002891) By 21%?
Dec 19
Yantai China Pet Foods' (SZSE:002891) Returns On Capital Are Heading Higher
Nov 19Yantai China Pet Foods Co., Ltd. (SZSE:002891) Held Back By Insufficient Growth Even After Shares Climb 27%
Nov 04Here's Why Yantai China Pet Foods (SZSE:002891) Can Manage Its Debt Responsibly
Sep 27Is Yantai China Pet Foods Co., Ltd. (SZSE:002891) Trading At A 46% Discount?
Jul 24Yantai China Pet Foods (SZSE:002891) Is Increasing Its Dividend To CN¥0.24
May 31Returns On Capital At Yantai China Pet Foods (SZSE:002891) Have Stalled
Apr 04Financial Position Analysis
Short Term Liabilities: 002891's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥902.9M).
Long Term Liabilities: 002891's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥782.0M).
Debt to Equity History and Analysis
Debt Level: 002891's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: 002891's debt to equity ratio has reduced from 46.1% to 42.8% over the past 5 years.
Debt Coverage: 002891's debt is well covered by operating cash flow (31.5%).
Interest Coverage: 002891 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 | 2024/12/19 16:27 |
| End of Day Share Price | 2024/12/19 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
Yantai China Pet Foods Co., Ltd. is covered by 25 analysts. 15 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. |
| Fu Yang | Chasing Securities |
| Xie Zhiyou | China Galaxy Securities Co., Ltd. |