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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 05:55 |
| 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
Jiuzhitang Co., Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Li Wu | Tianfeng Securities Brokerage Co., Ltd |