New Journey Health Technology GroupLTD Balance Sheet Health
Financial Health criteria checks 2/6
New Journey Health Technology GroupLTD has a total shareholder equity of CN¥2.4B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are CN¥6.2B and CN¥3.8B respectively. New Journey Health Technology GroupLTD's EBIT is CN¥209.4M making its interest coverage ratio 2. It has cash and short-term investments of CN¥438.0M.
Key information
67.7%
Debt to equity ratio
CN¥1.59b
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥437.98m |
| Equity | CN¥2.35b |
| Total liabilities | CN¥3.83b |
| Total assets | CN¥6.18b |
Recent financial health updates
Does New Journey Health Technology GroupLTD (SZSE:002219) Have A Healthy Balance Sheet?
Feb 08
Is New Journey Health Technology GroupLTD (SZSE:002219) Using Too Much Debt?
Oct 18New Journey Health Technology GroupLTD (SZSE:002219) Has A Somewhat Strained Balance Sheet
Jun 24Recent updates
Does New Journey Health Technology GroupLTD (SZSE:002219) Have A Healthy Balance Sheet?
Feb 08Some May Be Optimistic About New Journey Health Technology GroupLTD's (SZSE:002219) Earnings
Nov 04New Journey Health Technology Group Co.,LTD (SZSE:002219) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected
Oct 25Is New Journey Health Technology GroupLTD (SZSE:002219) Using Too Much Debt?
Oct 18Returns On Capital Are Showing Encouraging Signs At New Journey Health Technology GroupLTD (SZSE:002219)
Sep 30Pinning Down New Journey Health Technology Group Co.,LTD's (SZSE:002219) P/S Is Difficult Right Now
Sep 10New Journey Health Technology GroupLTD (SZSE:002219) Has A Somewhat Strained Balance Sheet
Jun 24Returns At New Journey Health Technology GroupLTD (SZSE:002219) Are On The Way Up
Jun 07What New Journey Health Technology Group Co.,LTD's (SZSE:002219) P/S Is Not Telling You
May 14New Journey Health Technology GroupLTD's (SZSE:002219) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 24Financial Position Analysis
Short Term Liabilities: 002219's short term assets (CN¥2.0B) do not cover its short term liabilities (CN¥3.1B).
Long Term Liabilities: 002219's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥714.3M).
Debt to Equity History and Analysis
Debt Level: 002219's net debt to equity ratio (49.1%) is considered high.
Reducing Debt: 002219's debt to equity ratio has reduced from 107.1% to 67.7% over the past 5 years.
Debt Coverage: 002219's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 002219's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 23:49 |
| End of Day Share Price | 2025/02/14 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
New Journey Health Technology Group Co.,LTD is covered by 4 analysts. 0 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 |
|---|---|
| Shanshan Li | China Merchants Securities Co. Ltd. |
| Wayne He | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Rui Zhou | Haitong Securities Co., Ltd. |