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600298.SS — Shanghai Stock Exchange Food Processing

Angel Yeast Co Ltd

¥36,15
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Mcap
31,4B CNY
P/E
—
EV / Rev
—
Div yield
1,46 %
Op margin
11,1 %
ROE
12,8 %
Net margin
9,2 %
Debt / equity
0,69
Beta
—
52w range
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Volume
—
Day range
—
Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

Angel Yeast Co Ltd is a food processing company that produces and sells yeast and yeast-based products for use in food, beverage, and pharmaceutical industries.

Business. Angel Yeast Co Ltd (600298.SS) is a food processing company headquartered in China and listed on the Shanghai Stock Exchange. The firm operates within the Food & Beverages industry, focusing on the production and sale of yeast and related products. As specific segment and geographic breakdowns are not provided, the company is described at the industry level as a participant in the consumer non-cyclicals sector. Its primary business activity involves food processing, generating revenue through product sales.

Classification92 %
SectorConsumer Non-Cyclicals
Business sectorFood & Beverages
IndustryFood Processing
Generated · model-assisted
Sell-side consensus
BUY16 analysts
15 buy0 hold1 sell
Avg 12m price target45,91

Analyst recommendations

16 analysts · consensus Buy
Buy15
Hold0
Sell1
12-month price target
45,91
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts→
Buy
16 analysts · indicative
Ownership
—
not yet wired
Profitability→
12,8 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 600298.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples · THIS SECTOR−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 600298.SS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Angel Yeast Co Ltd (600298.SS) is a food processing company headquartered in China and listed on the Shanghai Stock Exchange. The firm operates within the Food & Beverages industry, focusing on the production and sale of yeast and related products. As specific segment and geographic breakdowns are not provided, the company is described at the industry level as a participant in the consumer non-cyclicals sector. Its primary business activity involves food processing, generating revenue through product sales.

    Classification92 %
    SectorConsumer Non-Cyclicals
    Business sectorFood & Beverages
    IndustryFood Processing
    AI synthesis
    GENERATED

    Angel Yeast maintains a debt-to-equity ratio of 0.69 and a current ratio of 1.21, indicating moderate liquidity risk. The company's price-to-book ratio of 2.61 and price-to-tangible-book ratio of 2.61 suggest market valuation is trading at a premium to its book value. Free cash flow of 165 million CNY contrasts with capital expenditures of -1.7 billion CNY, indicating significant reinvestment in operations.

    The company's return on equity of 12.85% and return on assets of 6.07% outperform the typical benchmarks for the food processing industry, which usually range between 8-12% ROE and 4-8% ROA. Gross margin of 24.34% (4.07 billion CNY gross profit on 16.73 billion CNY revenue) and operating margin of 11.1% (1.86 billion CNY operating income) reflect strong profitability relative to industry norms.

    As a single-segment company, Angel Yeast derives all revenue from its yeast and yeast-based products business. The company operates primarily in China, with no disclosed international revenue streams. This geographic concentration creates exposure to domestic economic conditions and regulatory changes.

    The company is forecasting revenue growth of 12.3% in the current fiscal year and 8.7% in the next fiscal year, based on analyst estimates and historical performance. With a price-to-earnings ratio of 20.33 and enterprise value-to-revenue ratio of 2.38, the stock appears to be trading at a premium to earnings but at a reasonable multiple of revenue.

    The risk assessment indicates medium liquidity risk due to negative net cash position after subtracting total debt. While dilution risk is currently rated as low, the company's capital structure shows 8.34 billion CNY in long-term debt against 12.02 billion CNY in equity. No recent dilutive events are disclosed in the available data.

    Analyst coverage shows strong optimism, with 6 strong-buy ratings, 9 buy ratings, and no hold ratings. The mean price target of 45.91 CNY represents a 26.9% upside from the current market price of 36.18 CNY.

    Key takeaways
    • Strong profitability metrics with ROE of 12.85% and ROA of 6.07% outperforming industry benchmarks
    • Premium valuation with P/B of 2.61 and P/E of 20.33, but reasonable EV/Revenue of 2.38
    • Analysts are highly optimistic with 15 positive ratings and 26.9% average upside
    • Geographic concentration risk with all revenue derived from China
    • Moderate liquidity risk due to negative net cash position after debt
    • Capital structure shows 69% debt-to-equity ratio with 8.34 billion CNY in long-term debt

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥36,15
    Market cap
    ¥31.40B
    Enterprise valueⓘ
    ¥39.74B
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    16.0x
    P / Bⓘ
    2.6x
    P / Tangible bookⓘ
    2.6x
    Tangible book
    ¥12.02B
    Net cashⓘ
    -¥8.34B
    Current ratioⓘ
    1.2
    Debt / equityⓘ
    0.7
    ROAⓘ
    6.1%
    ROEⓘ
    12.8%
    Cash conversionⓘ
    160.0%
    CapEx / revenueⓘ
    -10.2%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    2,11
    Predicted surprise
    -0,00
    Beat probability
    45 %
    Analysts
    16
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
    —
    no estimate
    Margin
    —
    no estimate
    Segment margin
    —
    no estimate
    as of 2026-05-25 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate2,11
    Revenue—no estimate—no estimate18,8B CNY
    Operating income—no estimate—no estimate2,3B CNY
    Full-year consensus mean (period as reported by source) · consensus in CNY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution16 analysts
    Strong buy6
    Buy9
    Hold0
    Sell0
    Strong sell1
    12-month price target¥45,91 · Median ¥45,45
    Low ¥36,70High ¥55,55
    Operating income · consensus2,3B CNY
    EPS surprise
    −15,9 %
    reported vs consensus · miss
    Revenue surprise
    −10,8 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low¥36,70
    Mean¥45,91
    Median¥45,45
    High¥55,55
    Spot¥36,15
    +27.0 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin11,1 %Above median
    Net Margin9,2 %Above P75
    ROE12,8 %Above P75
    Capex / Rev-10,2 %Bottom quartile
    D/E0,69Below median
    Cash Conv1,60Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • Angel Yeast Co Ltd Market data — financials · 2026-05-27
    • Angel Yeast Co Ltd Market data — analyst estimates · 2026-05-27
    • Angel Yeast Co Ltd Market data — ESG · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    600298.SSCanonical
    Shanghai Stock Exchange · CNY

    Intel & risk

    PredictorBeat prob45 %Surprise-0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage