Well Lead Medical Co., Ltd.

SHSE:603309 Stock Report

Market Cap: CN¥3.8b

Well Lead Medical Balance Sheet Health

Financial Health criteria checks 5/6

Well Lead Medical has a total shareholder equity of CN¥1.9B and total debt of CN¥548.2M, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are CN¥2.7B and CN¥885.3M respectively. Well Lead Medical's EBIT is CN¥252.2M making its interest coverage ratio -72.1. It has cash and short-term investments of CN¥427.4M.

Key information

29.6%

Debt to equity ratio

CN¥548.18m

Debt

Interest coverage ratio-72.1x
CashCN¥427.39m
EquityCN¥1.85b
Total liabilitiesCN¥885.35m
Total assetsCN¥2.74b

Recent financial health updates

No updates

Recent updates

Calculating The Fair Value Of Well Lead Medical Co., Ltd. (SHSE:603309)

Sep 30
Calculating The Fair Value Of Well Lead Medical Co., Ltd. (SHSE:603309)

Well Lead Medical's (SHSE:603309) Solid Profits Have Weak Fundamentals

Aug 02
Well Lead Medical's (SHSE:603309) Solid Profits Have Weak Fundamentals

Financial Position Analysis

Short Term Liabilities: 603309's short term assets (CN¥920.8M) exceed its short term liabilities (CN¥483.4M).

Long Term Liabilities: 603309's short term assets (CN¥920.8M) exceed its long term liabilities (CN¥401.9M).


Debt to Equity History and Analysis

Debt Level: 603309's net debt to equity ratio (6.5%) is considered satisfactory.

Reducing Debt: 603309's debt to equity ratio has increased from 24.9% to 29.6% over the past 5 years.

Debt Coverage: 603309's debt is well covered by operating cash flow (42.3%).

Interest Coverage: 603309 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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