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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200028's short term assets (CN¥40.7B) exceed its short term liabilities (CN¥28.1B).
Long Term Liabilities: 200028's short term assets (CN¥40.7B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 200028 has more cash than its total debt.
Reducing Debt: 200028's debt to equity ratio has increased from 16.2% to 19.9% over the past 5 years.
Debt Coverage: 200028's debt is well covered by operating cash flow (64%).
Interest Coverage: 200028 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 | 2024/12/30 19:27 |
| End of Day Share Price | 2024/12/30 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
China National Accord Medicines Corporation Ltd. is covered by 26 analysts. 7 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 |
|---|---|
| Lei Tian | AJ Securities Co., Ltd |
| Shuchang Liu | Changjiang Securities Co. LTD. |
| Yanyin Zhu | China International Capital Corporation Limited |