Ningbo Sanxing Medical ElectricLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Sanxing Medical ElectricLtd has a total shareholder equity of CN¥11.9B and total debt of CN¥603.9M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥21.3B and CN¥9.4B respectively. Ningbo Sanxing Medical ElectricLtd's EBIT is CN¥2.3B making its interest coverage ratio -8.7. It has cash and short-term investments of CN¥2.7B.
Key information
5.1%
Debt to equity ratio
CN¥603.86m
Debt
| Interest coverage ratio | -8.7x |
| Cash | CN¥2.65b |
| Equity | CN¥11.88b |
| Total liabilities | CN¥9.43b |
| Total assets | CN¥21.31b |
Recent financial health updates
Is Ningbo Sanxing Medical ElectricLtd (SHSE:601567) A Risky Investment?
Nov 14
These 4 Measures Indicate That Ningbo Sanxing Medical ElectricLtd (SHSE:601567) Is Using Debt Safely
Jun 03Recent updates
Calculating The Intrinsic Value Of Ningbo Sanxing Medical Electric Co.,Ltd. (SHSE:601567)
Dec 18Is Ningbo Sanxing Medical ElectricLtd (SHSE:601567) A Risky Investment?
Nov 14There's Been No Shortage Of Growth Recently For Ningbo Sanxing Medical ElectricLtd's (SHSE:601567) Returns On Capital
Oct 17Does Ningbo Sanxing Medical ElectricLtd (SHSE:601567) Deserve A Spot On Your Watchlist?
Sep 11Ningbo Sanxing Medical Electric Co.,Ltd.'s (SHSE:601567) Business And Shares Still Trailing The Market
Aug 14A Look At The Intrinsic Value Of Ningbo Sanxing Medical Electric Co.,Ltd. (SHSE:601567)
Jul 17Ningbo Sanxing Medical ElectricLtd (SHSE:601567) Might Have The Makings Of A Multi-Bagger
Jul 04These 4 Measures Indicate That Ningbo Sanxing Medical ElectricLtd (SHSE:601567) Is Using Debt Safely
Jun 03Investors Shouldn't Be Too Comfortable With Ningbo Sanxing Medical ElectricLtd's (SHSE:601567) Earnings
May 02Ningbo Sanxing Medical Electric Co.,Ltd.'s (SHSE:601567) Shares Climb 25% But Its Business Is Yet to Catch Up
Apr 17We Ran A Stock Scan For Earnings Growth And Ningbo Sanxing Medical ElectricLtd (SHSE:601567) Passed With Ease
Mar 26Ningbo Sanxing Medical Electric Co.,Ltd.'s (SHSE:601567) Shares Lagging The Market But So Is The Business
Feb 27Financial Position Analysis
Short Term Liabilities: 601567's short term assets (CN¥11.3B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 601567's short term assets (CN¥11.3B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 601567 has more cash than its total debt.
Reducing Debt: 601567's debt to equity ratio has reduced from 12.7% to 5.1% over the past 5 years.
Debt Coverage: 601567's debt is well covered by operating cash flow (436.7%).
Interest Coverage: 601567 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 | 2024/12/20 06:46 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Ningbo Sanxing Medical Electric Co.,Ltd. is covered by 14 analysts. 6 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 |
|---|---|
| Haoyuan Qu | China International Capital Corporation Limited |
| Qianwen Liu | China International Capital Corporation Limited |
| null null | China International Capital Corporation Limited |