China Traditional Chinese Medicine Holdings Balance Sheet Health
Financial Health criteria checks 6/6
China Traditional Chinese Medicine Holdings has a total shareholder equity of CN¥24.2B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are CN¥37.5B and CN¥13.4B respectively. China Traditional Chinese Medicine Holdings's EBIT is CN¥934.5M making its interest coverage ratio 7.3. It has cash and short-term investments of CN¥4.4B.
Key information
22.2%
Debt to equity ratio
CN¥5.36b
Debt
| Interest coverage ratio | 7.3x |
| Cash | CN¥4.40b |
| Equity | CN¥24.15b |
| Total liabilities | CN¥13.40b |
| Total assets | CN¥37.55b |
Recent financial health updates
Is China Traditional Chinese Medicine Holdings (HKG:570) Using Too Much Debt?
Oct 23
Is China Traditional Chinese Medicine Holdings (HKG:570) Using Too Much Debt?
May 22These 4 Measures Indicate That China Traditional Chinese Medicine Holdings (HKG:570) Is Using Debt Extensively
Sep 05Here's Why China Traditional Chinese Medicine Holdings (HKG:570) Can Manage Its Debt Responsibly
Apr 28Here's Why China Traditional Chinese Medicine Holdings (HKG:570) Can Manage Its Debt Responsibly
Dec 05These 4 Measures Indicate That China Traditional Chinese Medicine Holdings (HKG:570) Is Using Debt Reasonably Well
Aug 24Recent updates
China Traditional Chinese Medicine Holdings Co. Limited's (HKG:570) P/E Still Appears To Be Reasonable
Jan 04Is China Traditional Chinese Medicine Holdings (HKG:570) Using Too Much Debt?
Oct 23Calculating The Intrinsic Value Of China Traditional Chinese Medicine Holdings Co. Limited (HKG:570)
Aug 23Is China Traditional Chinese Medicine Holdings (HKG:570) Using Too Much Debt?
May 22China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) Analysts Are Reducing Their Forecasts For This Year
Dec 08These 4 Measures Indicate That China Traditional Chinese Medicine Holdings (HKG:570) Is Using Debt Extensively
Sep 05China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) Analysts Just Cut Their EPS Forecasts Substantially
Jul 20Calculating The Fair Value Of China Traditional Chinese Medicine Holdings Co. Limited (HKG:570)
Jul 18Here's Why I Think China Traditional Chinese Medicine Holdings (HKG:570) Is An Interesting Stock
Jun 01Here's Why China Traditional Chinese Medicine Holdings (HKG:570) Can Manage Its Debt Responsibly
Apr 28Calculating The Fair Value Of China Traditional Chinese Medicine Holdings Co. Limited (HKG:570)
Feb 14Here's Why I Think China Traditional Chinese Medicine Holdings (HKG:570) Is An Interesting Stock
Jan 11Here's Why China Traditional Chinese Medicine Holdings (HKG:570) Can Manage Its Debt Responsibly
Dec 05China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) Shares Could Be 27% Below Their Intrinsic Value Estimate
Oct 29I Ran A Stock Scan For Earnings Growth And China Traditional Chinese Medicine Holdings (HKG:570) Passed With Ease
Oct 11These 4 Measures Indicate That China Traditional Chinese Medicine Holdings (HKG:570) Is Using Debt Reasonably Well
Aug 24Is Now The Time To Put China Traditional Chinese Medicine Holdings (HKG:570) On Your Watchlist?
Jul 13China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jun 25Does China Traditional Chinese Medicine Holdings (HKG:570) Deserve A Spot On Your Watchlist?
Apr 04Are Investors Undervaluing China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) By 30%?
Mar 15China Traditional Chinese Medicine Holdings Co. Limited's (HKG:570) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Feb 22China Traditional Chinese Medicine Holdings (HKG:570) Shareholders Have Enjoyed A 19% Share Price Gain
Feb 01What Percentage Of China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) Shares Do Insiders Own?
Dec 18Is China Traditional Chinese Medicine Holdings Co. Limited (HKG:570) Trading At A 33% Discount?
Dec 03
Declining Stock and Decent Financials: Is The Market Wrong About China Traditional Chinese Medicine Holdings Co. Limited (HKG:570)?
Nov 18Financial Position Analysis
Short Term Liabilities: 570's short term assets (CN¥20.6B) exceed its short term liabilities (CN¥9.9B).
Long Term Liabilities: 570's short term assets (CN¥20.6B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 570's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: 570's debt to equity ratio has reduced from 33.4% to 22.2% over the past 5 years.
Debt Coverage: 570's debt is well covered by operating cash flow (43.9%).
Interest Coverage: 570's interest payments on its debt are well covered by EBIT (7.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:10 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China Traditional Chinese Medicine Holdings Co. Limited is covered by 24 analysts. 2 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 |
|---|---|
| Ling Zhang | BNP Paribas Securities (Asia) |
| Yue-Kwong Lui | BOCOM International Securities Limited |
| Helena Qiu | CCB International Securities Limited |