Hangzhou Bio-Sincerity Pharma-Tech Co.,Ltd.

SZSE:301096 Stock Report

Market Cap: CN¥4.3b

Hangzhou Bio-Sincerity Pharma-TechLtd Balance Sheet Health

Financial Health criteria checks 4/6

Hangzhou Bio-Sincerity Pharma-TechLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥598.8M, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are CN¥3.8B and CN¥989.8M respectively. Hangzhou Bio-Sincerity Pharma-TechLtd's EBIT is CN¥174.2M making its interest coverage ratio -52.1. It has cash and short-term investments of CN¥462.0M.

Key information

21.6%

Debt to equity ratio

CN¥598.85m

Debt

Interest coverage ratio-52.1x
CashCN¥461.99m
EquityCN¥2.77b
Total liabilitiesCN¥989.80m
Total assetsCN¥3.76b

Recent financial health updates

No updates

Recent updates

We Believe That Hangzhou Bio-Sincerity Pharma-TechLtd's (SZSE:301096) Weak Earnings Are A Good Indicator Of Underlying Profitability

Nov 04
We Believe That Hangzhou Bio-Sincerity Pharma-TechLtd's (SZSE:301096) Weak Earnings Are A Good Indicator Of Underlying Profitability

Hangzhou Bio-Sincerity Pharma-Tech Co.,Ltd. (SZSE:301096) Soars 30% But It's A Story Of Risk Vs Reward

Sep 30
Hangzhou Bio-Sincerity Pharma-Tech Co.,Ltd. (SZSE:301096) Soars 30% But It's A Story Of Risk Vs Reward

Market Cool On Hangzhou Bio-Sincerity Pharma-Tech Co.,Ltd.'s (SZSE:301096) Earnings Pushing Shares 27% Lower

Jul 24
Market Cool On Hangzhou Bio-Sincerity Pharma-Tech Co.,Ltd.'s (SZSE:301096) Earnings Pushing Shares 27% Lower

Solid Earnings May Not Tell The Whole Story For Hangzhou Bio-Sincerity Pharma-TechLtd (SZSE:301096)

Apr 29
Solid Earnings May Not Tell The Whole Story For Hangzhou Bio-Sincerity Pharma-TechLtd (SZSE:301096)

Should You Be Adding Hangzhou Bio-Sincerity Pharma-TechLtd (SZSE:301096) To Your Watchlist Today?

Mar 14
Should You Be Adding Hangzhou Bio-Sincerity Pharma-TechLtd (SZSE:301096) To Your Watchlist Today?

Financial Position Analysis

Short Term Liabilities: 301096's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥821.9M).

Long Term Liabilities: 301096's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥167.9M).


Debt to Equity History and Analysis

Debt Level: 301096's net debt to equity ratio (4.9%) is considered satisfactory.

Reducing Debt: 301096's debt to equity ratio has increased from 1.3% to 21.6% over the past 5 years.

Debt Coverage: 301096's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 301096 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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