Wing Yip Food Holdings Group Ltd
WYHG · Sausages & Other Prepared Meat Products · EDGAR filings ↗
Grade
C61Profitable but shrinking Chinese cured-meat processor with mid-pack returns and no standout strength.
Strengths
- Net margin 5.9% (62nd pct) and ROA 3.7% (72nd pct) show real, if modest, profitability
- Strong liquidity (current ratio 4.8, quick 4.4, ~82nd pct) and low debt/equity 0.08
Risks
- Revenue fell 6.5% (19th pct) and net income dropped ~30% on falling per-kg prices
- Negative operating and free cash flow this year (OCF margin -9.7%, FCF -$17.7M)
- China/HK holding-company structure with dividend-transfer and PRC governance restrictions
Notable findings
- Cash burnNegative free cash flow (-17.7M)
Key metrics
Gross margin
29.2%
Net margin
5.9%
Return on equity
4.6%
Return on assets
3.7%
Revenue growth (QoQ)
-6.5%
Net-income growth
-29.7%
Debt / equity
0.1×
Current ratio
4.8×
Free cash flow
-$18M
Tangible book value
$172M
Cash & investments
$85M
Cash runway
19q
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-05-14 | 2025-12-31 | 0001213900-26-056618 ↗ |
| 20-F | 2025-04-30 | 2024-12-31 | 0001213900-25-037724 ↗ |