Zhejiang CONBA PharmaceuticalLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang CONBA PharmaceuticalLtd has a total shareholder equity of CN¥6.8B and total debt of CN¥420.8M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are CN¥9.7B and CN¥3.0B respectively. Zhejiang CONBA PharmaceuticalLtd's EBIT is CN¥409.8M making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥803.2M.
Key information
6.2%
Debt to equity ratio
CN¥420.77m
Debt
| Interest coverage ratio | -5.5x |
| Cash | CN¥803.16m |
| Equity | CN¥6.75b |
| Total liabilities | CN¥2.99b |
| Total assets | CN¥9.75b |
Recent financial health updates
Is Zhejiang CONBA PharmaceuticalLtd (SHSE:600572) Using Too Much Debt?
Sep 12
Here's Why Zhejiang CONBA PharmaceuticalLtd (SHSE:600572) Can Manage Its Debt Responsibly
May 21Recent updates
Zhejiang CONBA PharmaceuticalLtd's (SHSE:600572) Problems Go Beyond Weak Profit
Nov 05It's A Story Of Risk Vs Reward With Zhejiang CONBA Pharmaceutical Co.,Ltd. (SHSE:600572)
Sep 30Is Zhejiang CONBA PharmaceuticalLtd (SHSE:600572) Using Too Much Debt?
Sep 12Is Zhejiang CONBA Pharmaceutical Co.,Ltd. (SHSE:600572) Worth CN¥4.3 Based On Its Intrinsic Value?
Aug 20Here's Why Zhejiang CONBA PharmaceuticalLtd (SHSE:600572) Can Manage Its Debt Responsibly
May 21Financial Position Analysis
Short Term Liabilities: 600572's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 600572's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥536.0M).
Debt to Equity History and Analysis
Debt Level: 600572 has more cash than its total debt.
Reducing Debt: 600572's debt to equity ratio has reduced from 55.6% to 6.2% over the past 5 years.
Debt Coverage: 600572's debt is well covered by operating cash flow (166%).
Interest Coverage: 600572 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 | 2024/12/25 14:37 |
| End of Day Share Price | 2024/12/25 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
Zhejiang CONBA Pharmaceutical Co.,Ltd. is covered by 12 analysts. 1 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. |
| Feifei Xu | China Merchants Securities Co. Ltd. |
| Ling Bo Tu | China Minzu Securities |