Guangzhou Kingmed Diagnostics Group Balance Sheet Health
Financial Health criteria checks 6/6
Guangzhou Kingmed Diagnostics Group has a total shareholder equity of CN¥8.0B and total debt of CN¥579.4M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are CN¥11.0B and CN¥3.0B respectively. Guangzhou Kingmed Diagnostics Group's EBIT is CN¥116.7M making its interest coverage ratio -29. It has cash and short-term investments of CN¥1.9B.
Key information
7.2%
Debt to equity ratio
CN¥579.42m
Debt
| Interest coverage ratio | -29x |
| Cash | CN¥1.94b |
| Equity | CN¥8.01b |
| Total liabilities | CN¥2.97b |
| Total assets | CN¥10.98b |
Recent financial health updates
Guangzhou Kingmed Diagnostics Group (SHSE:603882) Has A Pretty Healthy Balance Sheet
Dec 13
Is Guangzhou Kingmed Diagnostics Group (SHSE:603882) Using Too Much Debt?
Aug 25Recent updates
Guangzhou Kingmed Diagnostics Group (SHSE:603882) Has A Pretty Healthy Balance Sheet
Dec 13Guangzhou Kingmed Diagnostics Group's (SHSE:603882) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 06Earnings Tell The Story For Guangzhou Kingmed Diagnostics Group Co., Ltd. (SHSE:603882)
Sep 27Guangzhou Kingmed Diagnostics Group Co., Ltd. Just Missed Revenue By 9.5%: Here's What Analysts Think Will Happen Next
Sep 03Is Guangzhou Kingmed Diagnostics Group (SHSE:603882) Using Too Much Debt?
Aug 25A Look At The Fair Value Of Guangzhou Kingmed Diagnostics Group Co., Ltd. (SHSE:603882)
Jun 04Guangzhou Kingmed Diagnostics Group's (SHSE:603882) Shareholders Have More To Worry About Than Only Soft Earnings
May 02Investors Don't See Light At End Of Guangzhou Kingmed Diagnostics Group Co., Ltd.'s (SHSE:603882) Tunnel And Push Stock Down 26%
Apr 17Investor Optimism Abounds Guangzhou Kingmed Diagnostics Group Co., Ltd. (SHSE:603882) But Growth Is Lacking
Feb 28Financial Position Analysis
Short Term Liabilities: 603882's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 603882's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥644.3M).
Debt to Equity History and Analysis
Debt Level: 603882 has more cash than its total debt.
Reducing Debt: 603882's debt to equity ratio has reduced from 30% to 7.2% over the past 5 years.
Debt Coverage: 603882's debt is well covered by operating cash flow (178.6%).
Interest Coverage: 603882 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 | 2024/12/27 19:47 |
| End of Day Share Price | 2024/12/27 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
Guangzhou Kingmed Diagnostics Group Co., Ltd. is covered by 20 analysts. 13 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 |
|---|---|
| Hao Wu | Chasing Securities |
| Pei Cheng | China Galaxy Securities Co., Ltd. |
| Jin Zhang | China International Capital Corporation Limited |