Yantai Shuangta Food Co., Ltd.

Shenzhen Stock Exchange 002481.SZ

Yantai Shuangta Food Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.28

Yantai Shuangta Food Co., Ltd. Debt to Equity Ratio is 0.28 for the year ending December 31, 2023, a -33.32% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Yantai Shuangta Food Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.41, a 119.16% change year over year.
Yantai Shuangta Food Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.19, a -15.56% change year over year.
Yantai Shuangta Food Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.22, a -46.71% change year over year.
Yantai Shuangta Food Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.42, a 32.65% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Shenzhen Stock Exchange: 002481.SZ

Yantai Shuangta Food Co., Ltd.

CEO	Mr. Yulin Li
IPO Date	Sept. 21, 2010
Location	China
Headquarters	Zhaili Village
Employees	776
Sector	Consumer Staples
Industries Pet Food Consumer Packaged Goods Organic Foods

Description

Yantai Shuangta Food Co., Ltd. primarily produces and sells vermicelli under the Longkou brand name in China. It also offers pea protein, pea starch, and pea fiber products; and vermicelli products, including wide vermicelli, sweet potato circle, XINLAN, Longkou, function vermicelli, pure beans, potato, and mung bean protein. The company was formerly known as Yantai Jinhua Cellophane Noodles Co., Ltd and changed its name to Yantai Shuangta Food Co., Ltd. in April 2008. Yantai Shuangta Food Co., Ltd. was founded in 1992 and is based in Zhaoyuan, the People's Republic of China.

Key trends

Past 5 years