Zhejiang Jingxin Pharmaceutical Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Jingxin Pharmaceutical has a total shareholder equity of CN¥5.9B and total debt of CN¥363.8M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are CN¥8.6B and CN¥2.7B respectively. Zhejiang Jingxin Pharmaceutical's EBIT is CN¥660.7M making its interest coverage ratio -9. It has cash and short-term investments of CN¥1.1B.
Key information
6.2%
Debt to equity ratio
CN¥363.85m
Debt
| Interest coverage ratio | -9x |
| Cash | CN¥1.11b |
| Equity | CN¥5.86b |
| Total liabilities | CN¥2.72b |
| Total assets | CN¥8.58b |
Recent financial health updates
We Think Zhejiang Jingxin Pharmaceutical (SZSE:002020) Can Stay On Top Of Its Debt
Oct 04
We Think Zhejiang Jingxin Pharmaceutical (SZSE:002020) Can Stay On Top Of Its Debt
Mar 29Recent updates
We Think Zhejiang Jingxin Pharmaceutical (SZSE:002020) Can Stay On Top Of Its Debt
Oct 04Zhejiang Jingxin Pharmaceutical Co., Ltd.'s (SZSE:002020) Low P/E No Reason For Excitement
Sep 12Zhejiang Jingxin Pharmaceutical (SZSE:002020) Has Announced A Dividend Of CN¥0.30
May 21Zhejiang Jingxin Pharmaceutical's (SZSE:002020) Problems Go Beyond Weak Profit
Apr 08We Think Zhejiang Jingxin Pharmaceutical (SZSE:002020) Can Stay On Top Of Its Debt
Mar 29Financial Position Analysis
Short Term Liabilities: 002020's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 002020's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥360.4M).
Debt to Equity History and Analysis
Debt Level: 002020 has more cash than its total debt.
Reducing Debt: 002020's debt to equity ratio has reduced from 8.3% to 6.2% over the past 5 years.
Debt Coverage: 002020's debt is well covered by operating cash flow (248.8%).
Interest Coverage: 002020 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 | 2024/12/24 04:20 |
| End of Day Share Price | 2024/12/24 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
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Analyst Sources
Zhejiang Jingxin Pharmaceutical Co., Ltd. is covered by 13 analysts. 5 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 |
|---|---|
| Bo Chen | Chasing Securities |
| Shanshan Li | China Merchants Securities Co. Ltd. |
| Shitong Han | Citic Securities Co., Ltd. |