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Shanghai No 1 Pharmacy Co (SHSE:600833) Financial Strength : 6 (As of Mar. 2024)


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What is Shanghai No 1 Pharmacy Co Financial Strength?

Shanghai No 1 Pharmacy Co has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Shanghai No 1 Pharmacy Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.06. Shanghai No 1 Pharmacy Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.15. As of today, Shanghai No 1 Pharmacy Co's Altman Z-Score is 3.75.


Competitive Comparison of Shanghai No 1 Pharmacy Co's Financial Strength

For the Pharmaceutical Retailers subindustry, Shanghai No 1 Pharmacy Co's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shanghai No 1 Pharmacy Co's Financial Strength Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shanghai No 1 Pharmacy Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Shanghai No 1 Pharmacy Co's Financial Strength falls into.



Shanghai No 1 Pharmacy Co Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Shanghai No 1 Pharmacy Co's Interest Expense for the months ended in Mar. 2024 was ¥-1 Mil. Its Operating Income for the months ended in Mar. 2024 was ¥4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥103 Mil.

Shanghai No 1 Pharmacy Co's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*4.494/-1.108
=4.06

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Shanghai No 1 Pharmacy Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(173 + 102.892) / 1848.292
=0.15

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Shanghai No 1 Pharmacy Co has a Z-score of 3.75, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.75 is strong.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shanghai No 1 Pharmacy Co  (SHSE:600833) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Shanghai No 1 Pharmacy Co has the Financial Strength Rank of 6.


Shanghai No 1 Pharmacy Co Financial Strength Related Terms

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Shanghai No 1 Pharmacy Co (SHSE:600833) Business Description

Traded in Other Exchanges
N/A
Address
No. 616 Nanjing East Road, Huangpu District, Shanghai, CHN, 200032
Shanghai No 1 Pharmacy Co Ltd is engaged in pharmaceutical retail and wholesale in China. The company's product profile include Lei Shi Pearl Powder, Tongrentang Ejiao Powder, Wanshuntang Yangyin mouth fragrance mixture, and others. It also provides Nourishing health Nutrition, Medical instruments, Rehabilitation care, Contact lens, and others.
Executives
Xu Zi Ying Director

Shanghai No 1 Pharmacy Co (SHSE:600833) Headlines

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