Shanghai Kinetic Medical Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Kinetic Medical has a total shareholder equity of CN¥3.0B and total debt of CN¥207.2M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CN¥3.4B and CN¥444.0M respectively. Shanghai Kinetic Medical's EBIT is CN¥35.1M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥1.1B.
Key information
7.0%
Debt to equity ratio
CN¥207.24m
Debt
| Interest coverage ratio | -3.3x |
| Cash | CN¥1.07b |
| Equity | CN¥2.97b |
| Total liabilities | CN¥443.99m |
| Total assets | CN¥3.41b |
Recent financial health updates
No updates
Recent updates
Shanghai Kinetic Medical Co., Ltd (SZSE:300326) Held Back By Insufficient Growth Even After Shares Climb 30%
Dec 02
Shanghai Kinetic Medical Co., Ltd's (SZSE:300326) Shares Leap 46% Yet They're Still Not Telling The Full Story
Oct 08Shanghai Kinetic Medical's (SZSE:300326) Solid Earnings May Rest On Weak Foundations
May 02Why Investors Shouldn't Be Surprised By Shanghai Kinetic Medical Co., Ltd's (SZSE:300326) Low P/S
Apr 17Financial Position Analysis
Short Term Liabilities: 300326's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥370.5M).
Long Term Liabilities: 300326's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥73.5M).
Debt to Equity History and Analysis
Debt Level: 300326 has more cash than its total debt.
Reducing Debt: 300326's debt to equity ratio has reduced from 17.3% to 7% over the past 5 years.
Debt Coverage: 300326's debt is well covered by operating cash flow (94.9%).
Interest Coverage: 300326 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 | 2024/12/22 02:56 |
| End of Day Share Price | 2024/12/20 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
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Analyst Sources
Shanghai Kinetic Medical Co., Ltd is covered by 8 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 |
|---|---|
| Shuchang Liu | Changjiang Securities Co. LTD. |
| Jin Zhang | China International Capital Corporation Limited |
| Bin Wu | China Merchants Securities Co. Ltd. |