Zhejiang Shouxiangu Pharmaceutical Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Shouxiangu Pharmaceutical has a total shareholder equity of CN¥2.2B and total debt of CN¥553.9M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are CN¥3.1B and CN¥822.6M respectively. Zhejiang Shouxiangu Pharmaceutical's EBIT is CN¥165.5M making its interest coverage ratio -5. It has cash and short-term investments of CN¥1.2B.
Key information
24.8%
Debt to equity ratio
CN¥553.92m
Debt
| Interest coverage ratio | -5x |
| Cash | CN¥1.16b |
| Equity | CN¥2.23b |
| Total liabilities | CN¥822.58m |
| Total assets | CN¥3.05b |
Recent financial health updates
Recent updates
Zhejiang Shouxiangu Pharmaceutical (SHSE:603896) Takes On Some Risk With Its Use Of Debt
Dec 23
We Think That There Are More Issues For Zhejiang Shouxiangu Pharmaceutical (SHSE:603896) Than Just Sluggish Earnings
Nov 04Weak Statutory Earnings May Not Tell The Whole Story For Zhejiang Shouxiangu Pharmaceutical (SHSE:603896)
May 02Financial Position Analysis
Short Term Liabilities: 603896's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥378.6M).
Long Term Liabilities: 603896's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥443.9M).
Debt to Equity History and Analysis
Debt Level: 603896 has more cash than its total debt.
Reducing Debt: 603896's debt to equity ratio has increased from 1.9% to 24.8% over the past 5 years.
Debt Coverage: 603896's debt is well covered by operating cash flow (47.5%).
Interest Coverage: 603896 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 | 2025/01/09 20:58 |
| End of Day Share Price | 2025/01/09 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
Zhejiang Shouxiangu Pharmaceutical Co., Ltd. is covered by 4 analysts. 2 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 |
|---|---|
| Phoenix Zhang | DBS Bank Ltd |
| Xiao Wei Lin | Everbright Securities Co. Ltd. |
| Suqing Huang | Everbright Securities Co. Ltd. |