Guizhou Xinbang Pharmaceutical Co., Ltd.

SZSE:002390 Stock Report

Market Cap: CN¥6.7b

Guizhou Xinbang Pharmaceutical Balance Sheet Health

Financial Health criteria checks 6/6

Guizhou Xinbang Pharmaceutical has a total shareholder equity of CN¥7.2B and total debt of CN¥715.8M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are CN¥9.1B and CN¥2.0B respectively. Guizhou Xinbang Pharmaceutical's EBIT is CN¥388.5M making its interest coverage ratio 34.6. It has cash and short-term investments of CN¥614.0M.

Key information

10.0%

Debt to equity ratio

CN¥715.80m

Debt

Interest coverage ratio34.6x
CashCN¥613.97m
EquityCN¥7.18b
Total liabilitiesCN¥1.95b
Total assetsCN¥9.13b

Recent financial health updates

Recent updates

These 4 Measures Indicate That Guizhou Xinbang Pharmaceutical (SZSE:002390) Is Using Debt Safely

May 24
These 4 Measures Indicate That Guizhou Xinbang Pharmaceutical (SZSE:002390) Is Using Debt Safely

Financial Position Analysis

Short Term Liabilities: 002390's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥1.9B).

Long Term Liabilities: 002390's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥42.4M).


Debt to Equity History and Analysis

Debt Level: 002390's net debt to equity ratio (1.4%) is considered satisfactory.

Reducing Debt: 002390's debt to equity ratio has reduced from 85.5% to 10% over the past 5 years.

Debt Coverage: 002390's debt is well covered by operating cash flow (110.5%).

Interest Coverage: 002390's interest payments on its debt are well covered by EBIT (34.6x coverage).


Balance Sheet


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