China National Accord Medicines Balance Sheet Health
Financial Health criteria checks 5/6
China National Accord Medicines has a total shareholder equity of CN¥21.7B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are CN¥52.0B and CN¥30.3B respectively. China National Accord Medicines's EBIT is CN¥1.9B making its interest coverage ratio -29. It has cash and short-term investments of CN¥5.4B.
Key information
19.9%
Debt to equity ratio
CN¥4.30b
Debt
| Interest coverage ratio | -29x |
| Cash | CN¥5.43b |
| Equity | CN¥21.65b |
| Total liabilities | CN¥30.33b |
| Total assets | CN¥51.98b |
Recent financial health updates
China National Accord Medicines (SZSE:000028) Seems To Use Debt Quite Sensibly
Oct 10
Is China National Accord Medicines (SZSE:000028) A Risky Investment?
Jun 12China National Accord Medicines (SZSE:000028) Has A Rock Solid Balance Sheet
Feb 29Recent updates
Lacklustre Performance Is Driving China National Accord Medicines Corporation Ltd.'s (SZSE:000028) Low P/E
Nov 18China National Accord Medicines Corporation Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 30China National Accord Medicines (SZSE:000028) Seems To Use Debt Quite Sensibly
Oct 10China National Accord Medicines Corporation Ltd.'s (SZSE:000028) Low P/E No Reason For Excitement
Aug 13Estimating The Intrinsic Value Of China National Accord Medicines Corporation Ltd. (SZSE:000028)
Jul 12Is China National Accord Medicines (SZSE:000028) A Risky Investment?
Jun 12Improved Earnings Required Before China National Accord Medicines Corporation Ltd. (SZSE:000028) Shares Find Their Feet
May 12Analysts Are Updating Their China National Accord Medicines Corporation Ltd. (SZSE:000028) Estimates After Its Full-Year Results
Apr 10China National Accord Medicines Corporation Ltd. (SZSE:000028) Shares Could Be 28% Below Their Intrinsic Value Estimate
Mar 15China National Accord Medicines (SZSE:000028) Has A Rock Solid Balance Sheet
Feb 29Financial Position Analysis
Short Term Liabilities: 000028's short term assets (CN¥40.7B) exceed its short term liabilities (CN¥28.1B).
Long Term Liabilities: 000028's short term assets (CN¥40.7B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 000028 has more cash than its total debt.
Reducing Debt: 000028's debt to equity ratio has increased from 16.2% to 19.9% over the past 5 years.
Debt Coverage: 000028's debt is well covered by operating cash flow (64%).
Interest Coverage: 000028 earns more interest than it pays, so coverage of interest payments is not a concern.