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Angel Yeast Co., Ltd 600298.SS

CN · Shanghai Stock Exchange · XSHG · stock · Consumer Defensive · website

Angel Yeast Co., Ltd statistics & valuation

Market capCN¥32.2B
P / E20.9×
P / S1.9×
P / B2.7×
P / FCF41.4×
Net margin9.2%
FCF margin4.6%
Net debtCN¥5.3B
Enterprise value USD$5.5B
Earnings yield EBIT/EV5.5%
Return on capital13.2%
Graham number -36.7%CN¥23.49

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CN¥23.49); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
10.30% 9.40% 8.70% 9.20% 2022202320242025
Gross margin (%)
24.80% 24.20% 23.50% 24.70% 2022202320242025
Operating margin (%)
13.00% 11.40% 11.10% 12.40% 2022202320242025
Return on equity (%)
14.30% 12.60% 12.20% 12.80% 2022202320242025
Shares outstanding
867.8M 867.8M 867.8M 867.8M 2022202320242025
Net debt (CN¥)
CN¥3.00B CN¥4.24B CN¥5.07B CN¥5.34B 2022202320242025
Share buybacks (CN¥)
2022202320242025
Return on assets (%)
7.80% 6.60% 6.10% 6.10% 2022202320242025
Free cash flow margin (%)
-11.40% -2.80% -0.40% 4.60% 2022202320242025
Debt / equity (×)
0.46× 0.54× 0.60× 0.68× 2022202320242025
EPS (CN¥)
CN¥1.57 CN¥1.48 CN¥1.54 CN¥1.77 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Angel Yeast Co., Ltd trades at about 21× earnings — below its 10-year norm (10-year range 20.8×–26.5×, median 23.6×).

20.8× 26.5×

Shaded band = 10-year range (20.8×–26.5×); dot = today's 21×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin24.7%23.5%24.2%24.8%
Operating margin12.4%11.1%11.4%13.0%
Net margin9.2%8.7%9.4%10.3%
FCF margin4.6%-0.4%-2.8%-11.4%
Return on assets6.1%6.1%6.6%7.8%
Return on equity12.8%12.2%12.6%14.3%
Debt / equity0.17×0.19×0.20×0.03×
Current ratio1.211.221.310.99

Computed from company filings · CN · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.