China Meheco Group Co., Ltd.

Shanghai Stock Exchange 600056.SS

China Meheco Group Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2023: 0.43

China Meheco Group Co., Ltd. Debt to Equity Ratio is 0.43 for the year ending December 31, 2023, a -12.73% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • China Meheco Group Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2022 was 0.50, a 8.75% change year over year.
  • China Meheco Group Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2021 was 0.46, a 1.98% change year over year.
  • China Meheco Group Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2020 was 0.45, a 1.37% change year over year.
  • China Meheco Group Co., Ltd. Debt to Equity Ratio for the year ending December 31, 2019 was 0.44, a 173.41% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
Shanghai Stock Exchange: 600056.SS

China Meheco Group Co., Ltd.

CEO Ms. Huidong Hu
IPO Date May 15, 1997
Location China
Headquarters No. 18 Guangming Zhongjie
Employees 8,389
Sector Healthcare
Industries
Description

China Meheco Group Co., Ltd. engages in the pharmaceutical business in China and internationally. The company imports and exports China national medicines and health products; produces and distributes pharmaceutical and health care products; and operates retail chain pharmacies. Its products include bulk pharmaceutical chemicals antibiotic fermentation and chemical synthesis tablets, injections, capsules, etc.; antibiotics; medicines for the treatment of cardio-cerebrovascular diseases, chronic diseases, and diabetes; antiviral drugs; anti-infectious agents; gastrointestinal drugs; non-steroidal anti-inflammatory drugs; anti-allergic agents; specialty botanicals; western medicine preparations; Chinese patent medicines and herbal pieces; medical equipment and supplies; biological products and raw materials; chemical raw materials; and nutritional and other healthcare products. The company also plants, processes, warehouses, and transports ginseng, licorice, ephedra, rhubarb, rheum officinale, astragalus membranaceus, scutellaria baicalensis, fennel, and other herbs. China Meheco Group Co., Ltd. was founded in 1984 and is based in Beijing, China.

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StockViz Staff

February 3, 2025

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