Yueyang Forest & Paper Balance Sheet Health
Financial Health criteria checks 4/6
Yueyang Forest & Paper has a total shareholder equity of CN¥8.4B and total debt of CN¥6.2B, which brings its debt-to-equity ratio to 73.7%. Its total assets and total liabilities are CN¥17.0B and CN¥8.7B respectively. Yueyang Forest & Paper's EBIT is CN¥35.3M making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥909.0M.
Key information
73.7%
Debt to equity ratio
CN¥6.16b
Debt
| Interest coverage ratio | -0.6x |
| Cash | CN¥908.99m |
| Equity | CN¥8.36b |
| Total liabilities | CN¥8.68b |
| Total assets | CN¥17.04b |
Recent financial health updates
Here's Why Yueyang Forest & Paper (SHSE:600963) Has A Meaningful Debt Burden
Dec 19
We Think Yueyang Forest & Paper (SHSE:600963) Is Taking Some Risk With Its Debt
Aug 13Recent updates
Here's Why Yueyang Forest & Paper (SHSE:600963) Has A Meaningful Debt Burden
Dec 19Yueyang Forest & Paper Co., Ltd. (SHSE:600963) Stock Rockets 28% But Many Are Still Ignoring The Company
Nov 12Yueyang Forest & Paper Co., Ltd.'s (SHSE:600963) Shares Leap 26% Yet They're Still Not Telling The Full Story
Sep 24We Think Yueyang Forest & Paper (SHSE:600963) Is Taking Some Risk With Its Debt
Aug 13Take Care Before Diving Into The Deep End On Yueyang Forest & Paper Co., Ltd. (SHSE:600963)
Jul 17Yueyang Forest & Paper (SHSE:600963) Could Be At Risk Of Shrinking As A Company
Jun 20Capital Allocation Trends At Yueyang Forest & Paper (SHSE:600963) Aren't Ideal
Feb 28Financial Position Analysis
Short Term Liabilities: 600963's short term assets (CN¥9.3B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 600963's short term assets (CN¥9.3B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 600963's net debt to equity ratio (62.8%) is considered high.
Reducing Debt: 600963's debt to equity ratio has increased from 57.7% to 73.7% over the past 5 years.
Debt Coverage: 600963's debt is well covered by operating cash flow (20.7%).
Interest Coverage: 600963 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 | 2024/12/18 01:12 |
| End of Day Share Price | 2024/12/18 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Yueyang Forest & Paper Co., Ltd. is covered by 16 analysts. 2 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 |
|---|---|
| Bairu Chen | China Galaxy Securities Co., Ltd. |
| Qing Gong | China International Capital Corporation Limited |
| Dongyan Pu | China Merchants Securities Co. Ltd. |