Zhejiang Jiuzhou Pharmaceutical Co., Ltd

SHSE:603456 Stock Report

Market Cap: CN¥11.7b

Zhejiang Jiuzhou Pharmaceutical Balance Sheet Health

Financial Health criteria checks 5/6

Zhejiang Jiuzhou Pharmaceutical has a total shareholder equity of CN¥8.7B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are CN¥12.2B and CN¥3.5B respectively. Zhejiang Jiuzhou Pharmaceutical's EBIT is CN¥974.7M making its interest coverage ratio -11.2. It has cash and short-term investments of CN¥4.1B.

Key information

19.5%

Debt to equity ratio

CN¥1.70b

Debt

Interest coverage ratio-11.2x
CashCN¥4.06b
EquityCN¥8.74b
Total liabilitiesCN¥3.51b
Total assetsCN¥12.25b

Recent financial health updates

Recent updates

Here's Why Zhejiang Jiuzhou Pharmaceutical (SHSE:603456) Can Manage Its Debt Responsibly

Jun 13
Here's Why Zhejiang Jiuzhou Pharmaceutical (SHSE:603456) Can Manage Its Debt Responsibly

Zhejiang Jiuzhou Pharmaceutical Co., Ltd's (SHSE:603456) Business And Shares Still Trailing The Market

May 24
Zhejiang Jiuzhou Pharmaceutical Co., Ltd's (SHSE:603456) Business And Shares Still Trailing The Market

Zhejiang Jiuzhou Pharmaceutical's (SHSE:603456) Solid Earnings May Rest On Weak Foundations

May 01
Zhejiang Jiuzhou Pharmaceutical's (SHSE:603456) Solid Earnings May Rest On Weak Foundations

Zhejiang Jiuzhou Pharmaceutical Co., Ltd Just Missed Revenue By 17%: Here's What Analysts Think Will Happen Next

Apr 11
Zhejiang Jiuzhou Pharmaceutical Co., Ltd Just Missed Revenue By 17%: Here's What Analysts Think Will Happen Next

Zhejiang Jiuzhou Pharmaceutical Co., Ltd (SHSE:603456) Shares Could Be 32% Above Their Intrinsic Value Estimate

Feb 28
Zhejiang Jiuzhou Pharmaceutical Co., Ltd (SHSE:603456) Shares Could Be 32% Above Their Intrinsic Value Estimate

Financial Position Analysis

Short Term Liabilities: 603456's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥2.8B).

Long Term Liabilities: 603456's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥697.3M).


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 increased from 2.7% to 19.5% over the past 5 years.

Debt Coverage: 603456's debt is well covered by operating cash flow (45%).

Interest Coverage: 603456 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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