LBX Pharmacy Chain Joint Stock Company

Shanghai Stock Exchange 603883.SS

LBX Pharmacy Chain Joint Stock Company Debt to Equity Ratio for the year ending December 31, 2023: 0.53

LBX Pharmacy Chain Joint Stock Company Debt to Equity Ratio is 0.53 for the year ending December 31, 2023, a -36.60% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

LBX Pharmacy Chain Joint Stock Company Debt to Equity Ratio for the year ending December 31, 2022 was 0.84, a -39.58% change year over year.
LBX Pharmacy Chain Joint Stock Company Debt to Equity Ratio for the year ending December 31, 2021 was 1.38, a 354.61% change year over year.
LBX Pharmacy Chain Joint Stock Company Debt to Equity Ratio for the year ending December 31, 2020 was 0.30, a -42.63% change year over year.
LBX Pharmacy Chain Joint Stock Company Debt to Equity Ratio for the year ending December 31, 2019 was 0.53, a -5.40% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Shanghai Stock Exchange: 603883.SS

LBX Pharmacy Chain Joint Stock Company

CEO	Mr. Xin Wan
IPO Date	April 23, 2015
Location	China
Headquarters	No. 1 (Xingsha) Kaiyuanxi Road
Employees	40,881
Sector	Health Care
Industries Drugstores & Retail Pharmacies Pharmaceuticals

Description

LBX Pharmacy Chain Joint Stock Company operates pharmacy store chain in China. The company operates stores in 21 provincial markets, including Hunan, Jiangsu, Gansu, Shaanxi, Guangxi, Anhui, Zhejiang, Inner Mongolia, Hubei, Tianjin, Henan, Shanghai, Shandong, Guangdong, Hebei, Beijing, Jiangxi, Ningxia, Sichuan, Fujian, and Guizhou. The company was formerly known as Laobaixing Pharmacy Chain Joint Stock Company. LBX Pharmacy Chain Joint Stock Company was founded in 2001 and is based in Changsha, China.

Key trends

Past 5 years