Shanghai MicuRx Pharmaceutical Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai MicuRx Pharmaceutical has a total shareholder equity of CN¥567.7M and total debt of CN¥229.1M, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are CN¥970.7M and CN¥403.1M respectively.
Key information
40.4%
Debt to equity ratio
CN¥229.12m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥740.30m |
| Equity | CN¥567.65m |
| Total liabilities | CN¥403.10m |
| Total assets | CN¥970.75m |
Recent financial health updates
No updates
Recent updates
Shanghai MicuRx Pharmaceutical Co., Ltd.'s (SHSE:688373) Shares Climb 30% But Its Business Is Yet to Catch Up
Dec 02
There's Reason For Concern Over Shanghai MicuRx Pharmaceutical Co., Ltd.'s (SHSE:688373) Massive 30% Price Jump
Dec 02Shanghai MicuRx Pharmaceutical Co., Ltd.'s (SHSE:688373) 26% Share Price Surge Not Quite Adding Up
Apr 07Financial Position Analysis
Short Term Liabilities: 688373's short term assets (CN¥869.2M) exceed its short term liabilities (CN¥128.0M).
Long Term Liabilities: 688373's short term assets (CN¥869.2M) exceed its long term liabilities (CN¥275.1M).
Debt to Equity History and Analysis
Debt Level: 688373 has more cash than its total debt.
Reducing Debt: 688373 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 688373 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 688373 has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 21% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 15:57 |
| 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
Shanghai MicuRx Pharmaceutical Co., Ltd. is covered by 1 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 |
|---|---|
| Mingrui Wang | Everbright Securities Co. Ltd. |