← Zhengye Biotechnology Holding
The business behind the dividend
| Measure | ZYBT | Median | Formula |
|---|---|---|---|
| Return on equity | 4.0% | 11.7% | Net income ÷ shareholders’ equity |
| Return on capital employed | 5.6% | 10.1% | Operating income ÷ (equity + total debt) |
| Owner earnings | $3.00m | $632.00m | Net income + depreciation & amortisation − capital expenditure |
| Free cash flow | $3.76m | $746.10m | Operating cash flow − capital expenditure |
| Operating margin | 8.8% | 15.0% | Operating income ÷ revenue |
| Net margin | 6.1% | 10.2% | Net income ÷ revenue |
| Debt to equity | 0.04x | 0.79x | Total debt ÷ shareholders’ equity |
| Interest cover | 4.06x | 4.43x | Operating income ÷ interest expense |
| Current ratio | 1.31x | 1.25x | Current assets ÷ current liabilities |
| Long-term debt to working capital | 0.12x | 2.30x | Long-term debt ÷ (current assets − current liabilities) |
| Cash conversion | 3.63x | 1.78x | Operating cash flow ÷ net income |
How it compares in health care
Among the 38 health care companies here measured on free cash flow, Zhengye Biotechnology Holding pays out less than 11 of them. The median for that group is 39.3%, against this company’s 58.3%.
Closest on free cash flow
- Abbott Laboratories (ABT) 55.7%
- Eli Lilly (LLY) 60.0%
- Johnson & Johnson (JNJ) 62.9%
- Amgen (AMGN) 63.3%
Same sector and same denominator, so the figures are comparable. All 44 in health care →