Ningxia Zhongke Biotechnology Balance Sheet Health
Financial Health criteria checks 2/6
Ningxia Zhongke Biotechnology has a total shareholder equity of CN¥-155.0M and total debt of CN¥1.2B, which brings its debt-to-equity ratio to -777.4%. Its total assets and total liabilities are CN¥2.2B and CN¥2.4B respectively.
Key information
-777.4%
Debt to equity ratio
CN¥1.21b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥96.76m |
| Equity | -CN¥155.02m |
| Total liabilities | CN¥2.37b |
| Total assets | CN¥2.21b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Ningxia Zhongke Biotechnology Co., Ltd (SHSE:600165) After Shares Rise 25%
Nov 13
What Ningxia Zhongke Biotechnology Co., Ltd's (SHSE:600165) 34% Share Price Gain Is Not Telling You
Aug 30Ningxia Zhongke Biotechnology Co., Ltd (SHSE:600165) Looks Just Right With A 50% Price Jump
Jul 12Calculating The Intrinsic Value Of Ningxia Zhongke Biotechnology Co., Ltd (SHSE:600165)
Jun 03Ningxia Zhongke Biotechnology Co., Ltd (SHSE:600165) Shares Slammed 30% But Getting In Cheap Might Be Difficult Regardless
Apr 21Ningxia Zhongke Biotechnology Co., Ltd's (SHSE:600165) 29% Cheaper Price Remains In Tune With Revenues
Feb 27Financial Position Analysis
Short Term Liabilities: 600165 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 600165 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 600165 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 600165's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600165 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600165 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.1% per year.