Mingchen HealthLtd Balance Sheet Health
Financial Health criteria checks 6/6
Mingchen HealthLtd has a total shareholder equity of CN¥873.4M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥329.4M respectively. Mingchen HealthLtd's EBIT is CN¥33.8M making its interest coverage ratio 37.1. It has cash and short-term investments of CN¥171.1M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 37.1x |
| Cash | CN¥171.09m |
| Equity | CN¥873.41m |
| Total liabilities | CN¥329.39m |
| Total assets | CN¥1.20b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Mingchen Health Co.,Ltd. (SZSE:002919) After Shares Rise 26%
Dec 16
Mingchen Health Co.,Ltd.'s (SZSE:002919) Shares Climb 35% But Its Business Is Yet to Catch Up
Aug 15We Like These Underlying Return On Capital Trends At Mingchen HealthLtd (SZSE:002919)
Aug 07Mingchen Health Co.,Ltd. (SZSE:002919) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Jun 06Solid Earnings Reflect Mingchen HealthLtd's (SZSE:002919) Strength As A Business
May 05Mingchen Health Co.,Ltd. (SZSE:002919) Might Not Be As Mispriced As It Looks
Apr 17Mingchen HealthLtd's (SZSE:002919) Returns On Capital Are Heading Higher
Feb 27Financial Position Analysis
Short Term Liabilities: 002919's short term assets (CN¥844.1M) exceed its short term liabilities (CN¥323.4M).
Long Term Liabilities: 002919's short term assets (CN¥844.1M) exceed its long term liabilities (CN¥6.0M).
Debt to Equity History and Analysis
Debt Level: 002919 is debt free.
Reducing Debt: 002919 had no debt 5 years ago.
Debt Coverage: 002919 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002919 has no debt, therefore 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 | 2025/01/17 05:13 |
| End of Day Share Price | 2025/01/17 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
Mingchen Health Co.,Ltd. is covered by 1 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 |
|---|---|
| Heng Zhang | Guosen Securities Co., Ltd. |