Yangtze Optical Fibre And Cable Limited Balance Sheet Health
Financial Health criteria checks 4/6
Yangtze Optical Fibre And Cable Limited has a total shareholder equity of CN¥14.5B and total debt of CN¥8.9B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are CN¥29.9B and CN¥15.3B respectively. Yangtze Optical Fibre And Cable Limited's EBIT is CN¥365.7M making its interest coverage ratio -1.2. It has cash and short-term investments of CN¥5.1B.
Key information
60.9%
Debt to equity ratio
CN¥8.85b
Debt
| Interest coverage ratio | -1.2x |
| Cash | CN¥5.14b |
| Equity | CN¥14.55b |
| Total liabilities | CN¥15.33b |
| Total assets | CN¥29.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YZOF.F's short term assets (CN¥15.0B) exceed its short term liabilities (CN¥8.4B).
Long Term Liabilities: YZOF.F's short term assets (CN¥15.0B) exceed its long term liabilities (CN¥6.9B).
Debt to Equity History and Analysis
Debt Level: YZOF.F's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: YZOF.F's debt to equity ratio has increased from 20.9% to 60.9% over the past 5 years.
Debt Coverage: YZOF.F's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: YZOF.F 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 | 2024/09/22 05:08 |
| End of Day Share Price | 2024/06/25 00:00 |
| Earnings | 2024/06/30 |
| 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
Yangtze Optical Fibre And Cable Joint Stock Limited Company is covered by 22 analysts. 6 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 |
|---|---|
| Wai Kit Chu | BofA Global Research |
| Ronnie Ho | CCB International Securities Limited |
| Yayuan Huang | Citic Securities Co., Ltd. |