Zhejiang Tianyu Pharmaceutical Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Tianyu Pharmaceutical has a total shareholder equity of CN¥3.5B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are CN¥6.4B and CN¥2.9B respectively. Zhejiang Tianyu Pharmaceutical's EBIT is CN¥92.8M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥495.2M.
Key information
47.6%
Debt to equity ratio
CN¥1.68b
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥495.20m |
| Equity | CN¥3.53b |
| Total liabilities | CN¥2.90b |
| Total assets | CN¥6.43b |
Recent financial health updates
Recent updates
Zhejiang Tianyu Pharmaceutical Co., Ltd.'s (SZSE:300702) Price Is Right But Growth Is Lacking
Dec 03
We Think Zhejiang Tianyu Pharmaceutical (SZSE:300702) Is Taking Some Risk With Its Debt
Nov 04Concerns Surrounding Zhejiang Tianyu Pharmaceutical's (SZSE:300702) Performance
Sep 04Take Care Before Diving Into The Deep End On Zhejiang Tianyu Pharmaceutical Co., Ltd. (SZSE:300702)
Aug 21Further Upside For Zhejiang Tianyu Pharmaceutical Co., Ltd. (SZSE:300702) Shares Could Introduce Price Risks After 27% Bounce
May 21Zhejiang Tianyu Pharmaceutical Co., Ltd.'s (SZSE:300702) Revenues Are Not Doing Enough For Some Investors
Mar 17Financial Position Analysis
Short Term Liabilities: 300702's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 300702's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥286.4M).
Debt to Equity History and Analysis
Debt Level: 300702's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: 300702's debt to equity ratio has increased from 9% to 47.6% over the past 5 years.
Debt Coverage: 300702's debt is well covered by operating cash flow (25.3%).
Interest Coverage: 300702's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 12:40 |
| End of Day Share Price | 2024/12/26 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 Tianyu Pharmaceutical Co., Ltd. is covered by 7 analysts. 3 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 |
|---|---|
| Kai Wang | Citic Securities Co., Ltd. |
| Xiao Wei Lin | Everbright Securities Co. Ltd. |
| Wei Liu | Haitong International Research Limited |