Joincare Pharmaceutical Group IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Joincare Pharmaceutical Group IndustryLtd has a total shareholder equity of CN¥23.5B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are CN¥36.2B and CN¥12.6B respectively. Joincare Pharmaceutical Group IndustryLtd's EBIT is CN¥3.1B making its interest coverage ratio -9.1. It has cash and short-term investments of CN¥15.3B.
Key information
22.7%
Debt to equity ratio
CN¥5.35b
Debt
| Interest coverage ratio | -9.1x |
| Cash | CN¥15.32b |
| Equity | CN¥23.54b |
| Total liabilities | CN¥12.63b |
| Total assets | CN¥36.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JCARE's short term assets (CN¥23.1B) exceed its short term liabilities (CN¥10.6B).
Long Term Liabilities: JCARE's short term assets (CN¥23.1B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: JCARE has more cash than its total debt.
Reducing Debt: JCARE's debt to equity ratio has increased from 7% to 22.7% over the past 5 years.
Debt Coverage: JCARE's debt is well covered by operating cash flow (76.3%).
Interest Coverage: JCARE 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 | 2024/12/23 23:31 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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
Joincare Pharmaceutical Group Industry Co.,Ltd. is covered by 11 analysts. 4 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 |
|---|---|
| Yanyin Zhu | China International Capital Corporation Limited |
| Ling Bo Tu | China Minzu Securities |
| Shitong Han | Citic Securities Co., Ltd. |