Jiuzhitang Balance Sheet Health
Financial Health criteria checks 4/6
Jiuzhitang has a total shareholder equity of CN¥3.8B and total debt of CN¥128.3M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CN¥5.3B and CN¥1.5B respectively. Jiuzhitang's EBIT is CN¥204.9M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥507.4M.
Key information
3.4%
Debt to equity ratio
CN¥128.26m
Debt
| Interest coverage ratio | -3.6x |
| Cash | CN¥507.36m |
| Equity | CN¥3.78b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥5.26b |
Recent financial health updates
Recent updates
Jiuzhitang Co., Ltd.'s (SZSE:000989) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Nov 14
Weak Statutory Earnings May Not Tell The Whole Story For Jiuzhitang (SZSE:000989)
Nov 07Investors Aren't Buying Jiuzhitang Co., Ltd.'s (SZSE:000989) Earnings
Sep 30Jiuzhitang (SZSE:000989) Seems To Use Debt Rather Sparingly
Jun 26Financial Position Analysis
Short Term Liabilities: 000989's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 000989's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥90.9M).
Debt to Equity History and Analysis
Debt Level: 000989 has more cash than its total debt.
Reducing Debt: 000989's debt to equity ratio has increased from 0% to 3.4% over the past 5 years.
Debt Coverage: 000989's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000989 earns more interest than it pays, so coverage of interest payments is not a concern.