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General information

Country: CHINA

Sector: Pharmaceutical Retailers

China Jo-Jo Drugstores, Inc., together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People`s Republic of China. The company operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming. Its stores provide various pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicines (TCM), personal and family care products, and medical devices, as well as convenience products, such as consumable, seasonal, and promotional items. The company also operates licensed doctors of Western medicine and TCM on site for consultation, examination, and treatment of common ailments at scheduled hours. In addition, it operates dada360.com, an online drugstore that retails OTC drugs and nutritional supplements, as well as sells products through third-party platforms, such as Tmall, JD.com, and Amazon.com. Further, the company distributes third-party pharmaceutical products primarily to trading companies, as well as cultivates and wholesales herbs used for TCM. As of March 31, 2020, it had 118 retail pharmacies under the Jiuzhou Grand Pharmacy name, as well as 10 drugstores. The company was founded in 2003 and is headquartered in Hangzhou, the People`s Republic of China.
Website: jiuzhou-drugstore.com



Growth: Good revenue growth rate 20.0%, there is acceleration compared to average historical growth rates 11.9%. The revenue growth dynamics is moderately stable

Profitability: LTM EBITDA margin is negative, -4.5%. On average the margin is improving steadily. Gross margin is low, +17.3%.

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield 56.6% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 1 515.9% higher than minimum and 79.0% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 1.8x by EV / Sales multiple , the company can be >100% undervalued

Key Financials (Download financials)

Ticker: CJJD
Share price, USD:  (+5.2%)2.6
year average price 0.81  


year start price 0.76 2023-05-10

min close price 0.16 2024-02-29

max close price 3.56 2024-03-25

current price 2.60 2024-05-08
Common stocks: 10 196 552

Dividend Yield:  0.0%
Last revenue growth (y/y):  20.0%
Last growth of EBITDA (y/y):  ---
Historical revenue growth:  11.9%
Historical growth of EBITDA:  ---
EV / Sales: 0.2x
Margin (EBITDA LTM / Revenue): -4.5%
Fundamental value created in LTM:
Market Cap ($m): 27
Net Debt ($m): 4
EV (Enterprise Value): 31
Price to Book: 1.3x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2023-04-20Invezz

China Jo-Jo Drugstores stock: Avoid this dilution machine

2023-04-20PennyStocks

Penny Stock Risk Assessment: Evaluating Potential Investments

2023-04-19InvestorPlace

3 Investors Betting Big on China Jo-Jo Drugstores (CJJD) Stock

2023-04-18PRNewsWire

China Jo-Jo Drugstores Announces $7 Million Registered Direct Offering
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q3 2023 q2 2022 q1 2021 q1 2020 q4
date 2023-09-30 2023-06-30 2022-03-31 2021-03-31 2020-12-31
symbol CJJD CJJD CJJD CJJD CJJD
reportedCurrency USD USD USD USD USD
cik 2M 2M 2M 2M 2M
fillingDate 2024-03-20 2023-06-15 2022-07-28 2021-03-31 2020-12-31
acceptedDate 2024-03-20 16:06:46 2023-06-15 09:00:25 2022-07-28 16:42:55 2021-03-31 00:00:00 2020-12-31 00:00:00
calendarYear 2024.000 2024.000 2022.000 2021.000 2021.000
period Q2 Q1 Q4 Q4 Q3
revenue 79M 39M 62M 36M 36M
costOfRevenue 63M 31M 47M 30M 27M
grossProfit 16M 8M 15M 6M 8M
grossProfitRatio 0.203 0.203 0.245 0.173 0.228
researchAndDevelopmentExpenses 0 0 0 0 0
generalAndAdministrativeExpenses 816 179 816 179 590 287 523 610 6M
sellingAndMarketingExpenses 7M 7M 10M 6M 8M
sellingGeneralAndAdministrativeExpenses 16M 8M 10M 6M 14M
otherExpenses 0 0 148 795 294 519 -43 525
operatingExpenses 16M 9M 10M 6M 14M
costAndExpenses 78M 40M 57M 36M 42M
interestIncome 0 0 -544 290 163 416 193 207
interestExpense 0 0 -590 018 100 212 109 896
depreciationAndAmortization 320 966 160 483 -1M 93 889 149 682
ebitda 576 950 288 474 4M 247 397 -6M
ebitdaratio 0.007 0.007 0.066 0.007 -0.175
operatingIncome 255 979 127 991 5M 153 508 -6M
operatingIncomeRatio 0.003 0.003 0.081 0.004 -0.179
totalOtherIncomeExpensesNet -1M -570 536 869 723 -328 718 76 092
incomeBeforeTax -885 089 -442 545 6M -175 210 -6M
incomeBeforeTaxRatio -0.011 -0.011 0.095 -0.005 -0.177
incomeTaxExpense 39 172 19 586 1M -8933.000 1976.000
netIncome -924 247 -462 124 5M -166 277 -6M
netIncomeRatio -0.012 -0.012 0.077 -0.005 -0.177
eps -0.770 -0.390 1.380 -0.048 -1.830
epsdiluted -0.770 -0.390 1.380 -0.048 -1.830
weightedAverageShsOut 1M 1M 3M 3M 3M
weightedAverageShsOutDil 1M 1M 3M 3M 3M
link Link Link Link
finalLink Link Link Link

Balance Sheet Statement

Property 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q1
date 2023-09-30 2023-06-30 2023-03-31 2022-12-06 2022-09-30 2022-03-31
symbol CJJD CJJD CJJD CJJD CJJD CJJD
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2024-03-20 2023-06-15 2023-06-15 2022-12-06 2022-09-30 2022-03-31
acceptedDate 2024-03-20 16:06:46 2023-06-15 09:00:25 2023-06-15 16:43:18 2022-12-06 16:05:05 2022-09-30 00:00:00 2022-03-31
calendarYear 2024.000 2024.000 2023.000 2023.000 2023.000 2022.000
period Q2 Q1 Q4 Q3 Q2 Q4
cashAndCashEquivalents 30M 19M 19M 0 14M 18M
shortTermInvestments 0 0 0 0 84 355 94 648
cashAndShortTermInvestments 30M 19M 19M 0 14M 19M
netReceivables 20M 18M 17M 0 24M 23M
inventory 20M 20M 15M 0 17M 16M
otherCurrentAssets 520 537 14M 85 397 0 1M 18M
totalCurrentAssets 70M 70M 64M 0 72M 75M
propertyPlantEquipmentNet 19M 18M 19M 0 20M 20M
goodwill 0 0 0 0 0 0
intangibleAssets 3M 3M 4M 0 0 4M
goodwillAndIntangibleAssets 3M 3M 4M 0 3M 4M
longTermInvestments 1M 1M 2M 0 4M 4M
taxAssets 0 0 1M 0 0 0
otherNonCurrentAssets 2M 2M 765 240 0 3M 3M
totalNonCurrentAssets 25M 25M 26M 0 30M 31M
otherAssets 0 0 -1000.000 0 0 0
totalAssets 95M 95M 91M 0 102M 106M
accountPayables 34M 34M 27M 0 29M 27M
shortTermDebt 30M 25M 34M 0 33M 39M
taxPayables 2M 0 2M 0 2M 1M
deferredRevenue 2M 0 695 931 0 1M 2M
otherCurrentLiabilities 4M 11M 4M 0 8M 4M
totalCurrentLiabilities 70M 70M 67M 0 71M 74M
longTermDebt 7M 7M 8M 0 8M 9M
deferredRevenueNonCurrent 0 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 0 0 0 0 0
otherNonCurrentLiabilities 0 0 0 0 0 0
totalNonCurrentLiabilities 7M 7M 8M 0 8M 9M
otherLiabilities 0 0 0 0 0 0
capitalLeaseObligations 7M 12M 13M 0 14M 13M
totalLiabilities 77M 77M 74M 0 80M 84M
preferredStock 0 0 0 0 0 0
commonStock 403 887 403 887 284 367 0 64 049 41 752
retainedEarnings -70M -69M -69M 0 -49M -48M
accumulatedOtherComprehensiveIncomeLoss 2M 940 592 3M 0 2M 6M
othertotalStockholdersEquity 86M 86M 84M 0 70M 67M
totalStockholdersEquity 19M 19M 18M 0 23M 24M
totalEquity 18M 18M 17M 0 23M 23M
totalLiabilitiesAndStockholdersEquity 95M 95M 91M 0 102M 108M
minorityInterest -1M -1M -1M 0 -1M -1M
totalLiabilitiesAndTotalEquity 95M 95M 91M 0 102M 106M
totalInvestments 1M 1M 2M 0 4M 5M
totalDebt 37M 32M 42M 0 42M 49M
netDebt 7M 13M 23M 0 28M 30M
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Cash Flow Statement

Property 2023 q3 2023 q2 2022 q1 2021 q1 2020 q4
date 2023-09-30 2023-06-30 2022-03-31 2021-03-31 2020-12-31
symbol CJJD CJJD CJJD CJJD CJJD
reportedCurrency USD USD USD USD USD
cik 2M 2M 2M 2M 2M
fillingDate 2024-03-20 2023-06-15 2022-07-28 2021-03-31 2020-12-31
acceptedDate 2024-03-20 16:06:46 2023-06-15 09:00:25 2022-07-28 16:42:55 2021-03-31 00:00:00 2020-12-31 00:00:00
calendarYear 2024.000 2024.000 2022.000 2021.000 2021.000
period Q2 Q1 Q4 Q4 Q3
netIncome -924 247 -462 124 5M -166 277 -6M
depreciationAndAmortization 320 966 160 483 266 141 93 889 398 845
deferredIncomeTax 0 0 0 0 0
stockBasedCompensation 0 0 -4M 0 4M
changeInWorkingCapital 571 934 -4M -9M 13M -10M
accountsReceivables -3M -2M 1M -2M -1M
inventory -5M -3M 5M -2M -1M
accountsPayables 9M 0 -15M 11M -7M
otherWorkingCapital -294 590 137 701 555 852 6M -609 464
otherNonCashItems 529 457 5M -3M -485 421 256 835
netCashProvidedByOperatingActivities 722 702 361 351 -11M 12M -12M
investmentsInPropertyPlantAndEquipment -203 394 -88 030 414 897 -238 211 -30 116
acquisitionsNet 0 0 61 964 -11 486 -36 440
purchasesOfInvestments -1M 0 0 35 158 0
salesMaturitiesOfInvestments 0 0 -75 973 75 973 0
otherInvestingActivites -574 779 -574 779 -306 138 -35 158 0
netCashUsedForInvestingActivites -1M -662 809 94 750 -173 724 -66 556
debtRepayment -3M 0 -40M -11M -16M
commonStockIssued 3M 0 0 0 81 927
commonStockRepurchased 0 0 0 0 0
dividendsPaid 0 0 0 0 0
otherFinancingActivites 824 146 163 962 52M 9M 17M
netCashUsedProvidedByFinancingActivities 327 923 163 962 11M -2M 869 904
effectOfForexChangesOnCash -847 666 -847 666 -2M -239 300 969 044
netChangeInCash -2M -985 162 666 933 10M -10M
cashAtEndOfPeriod 30M -985 162 35M 35M 25M
cashAtBeginningOfPeriod 32M 0 35M 25M 35M
operatingCashFlow 722 702 361 351 -11M 12M -12M
capitalExpenditure -203 394 -88 030 414 897 -238 211 -30 116
freeCashFlow 519 308 273 321 -10M 12M -12M
link Link Link Link
finalLink Link Link Link

Earning call transcript

Press-releases

Show financial reports only

2024-02-27 21:05 ET
China Jo-Jo Drugstores, Inc. Announces 1-for-20 Reverse Stock Split
2023-12-14 13:30 ET
China Jo-Jo Drugstores Granted A Second Extension to Meet Nasdaq Minimum Bid Price Requirement
2023-11-08 13:30 ET
China Jo-Jo Drugstores Announces Celebration of its 20th Anniversary
2023-09-26 13:00 ET
China Jo-Jo Drugstores Announces $2.59 Million Registered Direct Offering
2023-06-16 20:29 ET
China Jo-Jo Drugstores Announced Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
2023-06-15 13:00 ET
China Jo-Jo Drugstores Reports Fiscal Year 2023 Financial Results
2023-05-02 12:30 ET
China Jo-Jo Drugstores Receives Hangzhou Municipal People's Government Quality Management Excellence Award
2023-04-19 12:30 ET
China Jo-Jo Drugstores Announces the Termination of the Previously Proposed Registered Direct Offering
2023-04-18 13:21 ET
China Jo-Jo Drugstores Announces $7 Million Registered Direct Offering
2023-01-20 13:30 ET
China Jo-Jo Drugstores Announces $2.625 Million Registered Direct Offering
2022-07-28 13:00 ET
China Jo-Jo Drugstores Reports Fiscal Year 2022 Financial Results
2022-04-27 12:30 ET
China Jo-Jo Drugstores Regains Compliance with Nasdaq Minimum Bid Price Requirement
2022-04-06 13:15 ET
China Jo-Jo Drugstores, Inc. Announces 1-for-12 Reverse Stock Split
2022-01-26 13:00 ET
China Jo-Jo Drugstores Granted Extension to Meet Nasdaq Minimum Bid Price Requirement
2022-01-21 14:00 ET
China Jo-Jo Drugstores Reports First Half of Fiscal Year 2022 Financial Results
2022-01-19 13:30 ET
China Jo-Jo Drugstores Receives Government Quality Award
2021-12-29 13:30 ET
China Jo-Jo Drugstores Receives 2021 China ESG Golden Awards- Sustainability Award from Sina Finance
2021-07-30 13:00 ET
China Jo-Jo Drugstores Completes Redomiciliation Merger
2021-07-14 12:30 ET
China Jo-Jo Drugstores Selected as one of the First Batch of Four-star Livelihood Pharmaceutical Service Stations in Hangzhou
2021-06-29 13:00 ET
China Jo-Jo Drugstores Reports Fiscal Year 2021 Financial Results
2021-05-06 12:30 ET
China Jo-Jo Drugstores Hosts Reception for Provincial Government Officials
2021-02-12 21:30 ET
China Jo-Jo Drugstores Reports Third Quarter Fiscal 2021 Financial Results
2021-02-02 13:30 ET
China Jo-Jo Drugstores Releases 2020 Letter from the Chairman
2021-01-21 13:30 ET
China Jo-Jo Drugstores Hosts the First Suppliers Conference in China
2020-12-23 13:30 ET
China Jo-Jo Drugstores Regains Compliance with Nasdaq Minimum Bid Price Requirement
2020-11-13 14:00 ET
China Jo-Jo Drugstores Reports Second Quarter 2021 Financial Results
2020-09-08 12:30 ET
China Jo-Jo Drugstores Receives CHEO Award and Remains Top 100 Chinese Pharmaceutical Retail Company for 11 Years
2020-08-14 13:00 ET
China Jo-Jo Drugstores Reports First Quarter 2021 Financial Results
2020-07-10 13:00 ET
China Jo-Jo Drugstores Reports Fiscal Year 2020 Financial Results
2020-06-03 20:00 ET
China Jo-Jo Drugstores Announces the Closing of $10 Million Registered Direct Offering
2020-06-01 13:25 ET
China Jo-Jo Drugstores Announces $10 Million Registered Direct Offering
2020-04-03 12:30 ET
China Jo-Jo Drugstores Received Thank-You Letters from Hangzhou Economic and Information Bureau and Central Office of Chinese Peasants and Workers Democratic Party
2020-02-14 14:00 ET
China Jo-Jo Drugstores Reports Third Quarter 2020 Financial Results
2020-02-03 22:00 ET
China Jo-Jo Drugstores Steps in to Help Combat the 2019 Novel Coronavirus
2019-11-14 14:00 ET
China Jo-Jo Drugstores Reports Second Quarter 2020 Financial Results
2019-10-23 12:30 ET
China Jo-Jo Drugstores Hosts Reception of Member of the Standing Committee of Zhejiang Provincial Party Committee and Secretary of Hangzhou Municipal Party Committee of PRC
2019-08-14 13:00 ET
China Jo-Jo Drugstores Reports First Quarter 2020 Financial Results
2019-07-01 12:30 ET
China Jo-Jo Drugstores Reports Fiscal Year 2019 Financial Results
2019-06-17 12:30 ET
China Jo-Jo Drugstores Hosts Reception of the Prime Minister of PRC
2019-04-22 12:30 ET
China Jo-Jo Drugstores Announces Update of Strategic Transformation Plan
2019-04-15 20:00 ET
China Jo-Jo Drugstores Announces the Closing of $10 Million Registered Direct Offering
2019-04-11 13:25 ET
China Jo-Jo Drugstores Announces $10 Million Registered Direct Offering

SEC forms

Show financial reports only

SEC form 6
2024-03-20 00:00 ET
China Jo-Jo Drugstores published news for 2023 q4
SEC form 6
2024-02-27 16:05 ET
China Jo-Jo Drugstores published news for 2023 q4
SEC form 6
2024-02-27 16:05 ET
China Jo-Jo Drugstores published news for 2023 q4
SEC form 6
2024-02-26 17:12 ET
China Jo-Jo Drugstores published news for 2023 q4
SEC form 6
2024-01-26 16:15 ET
China Jo-Jo Drugstores published news for 2023 q4
SEC form 6
2024-01-26 16:15 ET
China Jo-Jo Drugstores published news for 2023 q4
SEC form 6
2024-01-26 16:15 ET
China Jo-Jo Drugstores published news for 2023 q4
SEC form 6
2023-11-20 16:05 ET
China Jo-Jo Drugstores published news for 2023 q3
SEC form 6
2023-11-14 12:55 ET
China Jo-Jo Drugstores published news for 2023 q3
SEC form 6
2023-09-26 16:49 ET
China Jo-Jo Drugstores published news for 2023 q2
SEC form 6
2023-06-16 16:05 ET
China Jo-Jo Drugstores published news for 2023 q1
SEC form 6
2023-06-15 16:43 ET
China Jo-Jo Drugstores reported for 2023 q1
SEC form 6
2023-06-15 09:00 ET
China Jo-Jo Drugstores reported for 2023 q1
SEC form 6
2023-01-20 16:30 ET
China Jo-Jo Drugstores published news for 2022 q4
SEC form 6
2023-01-20 16:05 ET
China Jo-Jo Drugstores published news for 2022 q4
SEC form 6
2022-12-21 16:05 ET
China Jo-Jo Drugstores published news for 2022 q3
SEC form 6
2022-12-06 16:05 ET
China Jo-Jo Drugstores published news for 2022 q3
SEC form 6
2022-11-03 16:05 ET
China Jo-Jo Drugstores published news for 2022 q3
SEC form 6
2022-10-11 17:00 ET
China Jo-Jo Drugstores published news for 2022 q3
SEC form 6
2022-08-04 17:00 ET
China Jo-Jo Drugstores published news for 2022 q2
SEC form 6
2022-08-02 16:05 ET
China Jo-Jo Drugstores published news for 2022 q2
SEC form 6
2022-07-28 16:42 ET
China Jo-Jo Drugstores published news for 2022 q2
SEC form 6
2022-07-28 13:00 ET
China Jo-Jo Drugstores published news for 2022 q2
SEC form 6
2022-05-31 16:08 ET
China Jo-Jo Drugstores published news for 2022 q1
SEC form 6
2022-05-03 16:05 ET
China Jo-Jo Drugstores published news for 2022 q1
SEC form 6
2022-04-27 08:30 ET
China Jo-Jo Drugstores published news for 2022 q1
SEC form 6
2022-04-06 09:15 ET
China Jo-Jo Drugstores published news for 2022 q1
SEC form 6
2022-03-23 16:05 ET
China Jo-Jo Drugstores published news for 2021 q4
SEC form 6
2022-03-01 17:20 ET
China Jo-Jo Drugstores published news for 2021 q4
SEC form 6
2022-01-27 09:00 ET
China Jo-Jo Drugstores published news for 2021 q4
SEC form 6
2022-01-26 08:01 ET
China Jo-Jo Drugstores published news for 2021 q4
SEC form 6
2022-01-21 09:01 ET
China Jo-Jo Drugstores published news for 2021 q4
SEC form 6
2021-12-28 09:00 ET
China Jo-Jo Drugstores published news for 2021 q3
SEC form 6
2021-07-30 09:07 ET
China Jo-Jo Drugstores published news for 2021 q2