Joincare Pharmaceutical Group IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Joincare Pharmaceutical Group IndustryLtd has a total shareholder equity of CN¥23.5B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are CN¥36.2B and CN¥12.6B respectively. Joincare Pharmaceutical Group IndustryLtd's EBIT is CN¥3.1B making its interest coverage ratio -9.1. It has cash and short-term investments of CN¥15.3B.
Key information
22.7%
Debt to equity ratio
CN¥5.35b
Debt
| Interest coverage ratio | -9.1x |
| Cash | CN¥15.32b |
| Equity | CN¥23.54b |
| Total liabilities | CN¥12.63b |
| Total assets | CN¥36.17b |
Recent financial health updates
Is Joincare Pharmaceutical Group IndustryLtd (SHSE:600380) A Risky Investment?
Nov 17
We Think Joincare Pharmaceutical Group IndustryLtd (SHSE:600380) Can Manage Its Debt With Ease
Jun 23Recent updates
Earnings Working Against Joincare Pharmaceutical Group Industry Co.,Ltd.'s (SHSE:600380) Share Price
Jan 03Is Joincare Pharmaceutical Group IndustryLtd (SHSE:600380) A Risky Investment?
Nov 17Joincare Pharmaceutical Group Industry Co.,Ltd.'s (SHSE:600380) Business And Shares Still Trailing The Market
Aug 13We Think Joincare Pharmaceutical Group IndustryLtd (SHSE:600380) Can Manage Its Debt With Ease
Jun 23Shareholders Will Probably Hold Off On Increasing Joincare Pharmaceutical Group Industry Co.,Ltd.'s (SHSE:600380) CEO Compensation For The Time Being
May 31Joincare Pharmaceutical Group IndustryLtd's (SHSE:600380) Conservative Accounting Might Explain Soft Earnings
Apr 09Investors Don't See Light At End Of Joincare Pharmaceutical Group Industry Co.,Ltd.'s (SHSE:600380) Tunnel
Mar 04Financial Position Analysis
Short Term Liabilities: 600380's short term assets (CN¥23.1B) exceed its short term liabilities (CN¥10.6B).
Long Term Liabilities: 600380's short term assets (CN¥23.1B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 600380 has more cash than its total debt.
Reducing Debt: 600380's debt to equity ratio has increased from 7% to 22.7% over the past 5 years.
Debt Coverage: 600380's debt is well covered by operating cash flow (76.3%).
Interest Coverage: 600380 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 | 2025/01/22 22:05 |
| End of Day Share Price | 2025/01/22 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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Joincare Pharmaceutical Group Industry Co.,Ltd. is covered by 9 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 |
|---|---|
| Yanyin Zhu | China International Capital Corporation Limited |
| Ling Bo Tu | China Minzu Securities |
| Shitong Han | Citic Securities Co., Ltd. |