Zhejiang Jiuzhou Pharmaceutical Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Jiuzhou Pharmaceutical has a total shareholder equity of CN¥8.6B and total debt of CN¥492.3M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are CN¥11.0B and CN¥2.4B respectively. Zhejiang Jiuzhou Pharmaceutical's EBIT is CN¥730.1M making its interest coverage ratio -9.1. It has cash and short-term investments of CN¥2.7B.
Key information
5.7%
Debt to equity ratio
CN¥492.28m
Debt
| Interest coverage ratio | -9.1x |
| Cash | CN¥2.67b |
| Equity | CN¥8.62b |
| Total liabilities | CN¥2.39b |
| Total assets | CN¥11.01b |
Recent financial health updates
Zhejiang Jiuzhou Pharmaceutical (SHSE:603456) Seems To Use Debt Quite Sensibly
Sep 25
Here's Why Zhejiang Jiuzhou Pharmaceutical (SHSE:603456) Can Manage Its Debt Responsibly
Jun 13Recent updates
Zhejiang Jiuzhou Pharmaceutical Co., Ltd's (SHSE:603456) Shares Leap 25% Yet They're Still Not Telling The Full Story
Oct 01Zhejiang Jiuzhou Pharmaceutical (SHSE:603456) Seems To Use Debt Quite Sensibly
Sep 25Here's Why Zhejiang Jiuzhou Pharmaceutical (SHSE:603456) Can Manage Its Debt Responsibly
Jun 13Zhejiang Jiuzhou Pharmaceutical Co., Ltd's (SHSE:603456) Business And Shares Still Trailing The Market
May 24Zhejiang Jiuzhou Pharmaceutical's (SHSE:603456) Solid Earnings May Rest On Weak Foundations
May 01Zhejiang Jiuzhou Pharmaceutical Co., Ltd Just Missed Revenue By 17%: Here's What Analysts Think Will Happen Next
Apr 11Zhejiang Jiuzhou Pharmaceutical Co., Ltd (SHSE:603456) Shares Could Be 32% Above Their Intrinsic Value Estimate
Feb 28Financial Position Analysis
Short Term Liabilities: 603456's short term assets (CN¥6.1B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 603456's short term assets (CN¥6.1B) exceed its long term liabilities (CN¥700.2M).
Debt to Equity History and Analysis
Debt Level: 603456 has more cash than its total debt.
Reducing Debt: 603456's debt to equity ratio has reduced from 12.8% to 5.7% over the past 5 years.
Debt Coverage: 603456's debt is well covered by operating cash flow (176.5%).
Interest Coverage: 603456 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 | 2024/12/20 05:36 |
| End of Day Share Price | 2024/12/20 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 Jiuzhou Pharmaceutical Co., Ltd is covered by 12 analysts. 5 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 |
|---|---|
| Pei Cheng | China Galaxy Securities Co., Ltd. |
| Xiyuan Liu | China International Capital Corporation Limited |
| Wanhua Wu | China International Capital Corporation Limited |