Jiuzhitang Balance Sheet Health

Financial Health criteria checks 4/6

Jiuzhitang has a total shareholder equity of CN¥3.7B and total debt of CN¥288.4M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are CN¥5.6B and CN¥1.8B respectively. Jiuzhitang's EBIT is CN¥196.1M making its interest coverage ratio -3.4. It has cash and short-term investments of CN¥522.2M.

Key information

7.7%

Debt to equity ratio

CN¥288.37m

Debt

Interest coverage ratio-3.4x
CashCN¥522.23m
EquityCN¥3.74b
Total liabilitiesCN¥1.82b
Total assetsCN¥5.56b

Recent financial health updates

Recent updates

Investors Aren't Buying Jiuzhitang Co., Ltd.'s (SZSE:000989) Earnings

Sep 30
Investors Aren't Buying Jiuzhitang Co., Ltd.'s (SZSE:000989) Earnings

Jiuzhitang (SZSE:000989) Seems To Use Debt Rather Sparingly

Jun 26
Jiuzhitang (SZSE:000989) Seems To Use Debt Rather Sparingly

Financial Position Analysis

Short Term Liabilities: 000989's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.7B).

Long Term Liabilities: 000989's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥96.2M).


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 7.7% 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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