Zhongchao Inc. (ZCMD) Key Metrics
ZCMD valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $5.8M
- Enterprise value
- −$5.1M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.5
- Price / book
- 0.5
- EV / EBITDA
- 107.1
- Dividend yield
- —
- Beta
- −0.04
ZCMD key metrics, 2017–2025
Fiscal year ended December 31, 2025 · U.S. dollarsZCMD returns How much profit the business earns on the capital it uses.
ZCMD financial health Debt, liquidity and how easily interest is covered.
ZCMD efficiency & capital use Working capital cycle and where the cash goes.
ZCMD returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ZCMD debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ZCMD key metrics
2017–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Valuation | |||||||||
| Share price at fiscal year-end | $669.60 | $2,410.56 | $5,222.88 | $17,097.12 | $26,486.40 | $25,296.00 | — | — | — |
| Returns & profitability | |||||||||
| Return on equity (ROE) | −32.0% | −3.3% | −47.3% | −9.4% | 0.7% | 18.9% | 30.2% | 36.3% | 29.4% |
| Return on invested capital (ROIC) | −78.0% | −2.6% | −84.1% | −12.2% | −1.5% | 35.8% | 60.9% | 152.5% | 168.7% |
| Return on assets (ROA) | −25.1% | −2.6% | −36.0% | −7.9% | 0.7% | 17.0% | 25.5% | 28.7% | 21.9% |
| Return on tangible assets | −26.0% | −2.5% | −46.5% | −9.3% | 0.7% | 12.8% | 22.9% | 21.6% | 22.1% |
| Free cash flow margin | 6.1% | −28.5% | −4.0% | −17.8% | 6.5% | −6.7% | 0.6% | 5.0% | −5.8% |
| Income quality (OCF / net income) | — | — | — | — | 11.99 | −0.23 | 0.35 | 0.43 | −0.35 |
| Financial health | |||||||||
| Total debt | $26,083 | $57,517 | $808,156 | $1.7M | $201,559 | $62,160 | $292,945 | $727,220 | $213,796 |
| Cash & short-term investments | $13.9M | $13.1M | $13.4M | $12.0M | $14.2M | $17.1M | $7.8M | $9.1M | $4.8M |
| Net debt | −$13.9M | −$13.0M | −$12.6M | −$10.3M | −$14.0M | −$17.0M | −$7.5M | −$8.4M | −$4.6M |
| Debt / equity | 0.00 | 0.00 | 0.04 | 0.06 | 0.01 | 0.00 | 0.02 | 0.06 | 0.04 |
| Debt / assets | 0.00 | 0.00 | 0.03 | 0.04 | 0.01 | 0.00 | 0.02 | 0.05 | 0.03 |
| Net debt / EBITDA | — | −148.11 | — | — | −23.66 | −3.48 | −1.94 | −2.53 | −4.31 |
| Current ratio | 11.11 | 12.22 | 6.99 | 5.45 | 7.59 | 9.83 | 5.88 | 5.36 | 4.10 |
| Quick ratio | 11.11 | 11.84 | 6.76 | 5.41 | 7.42 | 9.15 | 5.24 | 4.75 | 3.92 |
| Interest coverage | — | — | — | -10.3 | -1.5 | 9.9 | 4.6 | — | — |
| Working capital | $15.4M | $17.2M | $16.0M | $18.5M | $23.7M | $26.3M | $11.5M | $10.2M | $4.8M |
| Invested capital | $4.7M | $7.8M | $5.4M | $19.6M | $18.6M | $14.8M | $7.8M | $3.1M | $621,591 |
| Tangible asset value | $22.6M | $24.1M | $21.0M | $26.0M | $32.2M | $31.8M | $15.3M | $11.7M | $5.4M |
| Net current asset value | $15.2M | $17.0M | $15.3M | $17.1M | $23.6M | $26.3M | $11.5M | $10.2M | $4.8M |
| Capital allocation | |||||||||
| Capex / revenue | 1.3% | 19.2% | 4.3% | 13.2% | 11.0% | 0.9% | 8.8% | 5.2% | 0.3% |
| Capex / operating cash flow | 18.0% | — | 1,548.5% | — | 62.9% | — | 93.2% | 50.9% | — |
| Capex / depreciation | 0.47 | 7.11 | 0.91 | 2.55 | 2.56 | 0.40 | 5.46 | 23.21 | 1.98 |
| Stock-based compensation / revenue | 32.6% | 0.7% | 0.7% | 1.1% | 1.3% | 0.9% | 1.1% | −0.1% | 1.1% |
| R&D / revenue | 0.1% | 1.6% | 2.6% | 2.9% | 4.7% | 4.5% | 5.8% | 11.3% | 9.6% |
| SG&A / revenue | 99.4% | 56.7% | 69.0% | 62.9% | 55.2% | 36.5% | 38.4% | 28.7% | 39.3% |
| Efficiency | |||||||||
| Days sales outstanding | 122.9 | 89.7 | 114.1 | 277.1 | 254.3 | 157.4 | 87.8 | 46.7 | 48.4 |
| Days of inventory on hand | — | 30.9 | 13.1 | 19.5 | 71.5 | 105.5 | 115.0 | 70.4 | 25.6 |
| Days payables outstanding | 29.6 | 32.0 | 13.8 | 4.2 | 11.9 | 15.7 | 5.5 | 24.8 | 53.5 |
| Cash conversion cycle (days) | 109.7 | 88.6 | 113.4 | 292.4 | 313.8 | 247.2 | 197.3 | 92.3 | 20.5 |
| Receivables turnover | 2.97 | 4.07 | 3.20 | 1.32 | 1.44 | 2.32 | 4.16 | 7.81 | 7.54 |
| Payables turnover | 12.33 | 11.41 | 26.48 | 86.72 | 30.66 | 23.28 | 66.19 | 14.71 | 6.82 |
| Inventory turnover | — | 11.80 | 27.95 | 18.70 | 5.11 | 3.46 | 3.17 | 5.18 | 14.25 |
| Asset turnover | 0.45 | 0.63 | 0.62 | 0.38 | 0.46 | 0.68 | 0.94 | 1.22 | 1.41 |
| Average receivables | $3.8M | $3.9M | $6.1M | $10.7M | $11.4M | $7.8M | $3.6M | $1.6M | $1.3M |
| Average payables | $530,586 | $609,505 | $412,386 | $89,884 | $223,680 | $262,745 | $70,344 | $302,878 | $582,130 |
| Average inventory | $293,110 | $589,302 | $390,744 | $416,790 | $1.3M | $1.8M | $1.5M | $859,612 | $278,648 |
| Intangibles / total assets | 0.0% | 0.0% | 0.1% | 18.1% | 1.1% | 0.1% | 0.2% | 0.3% | 0.7% |
Computed from ZCMD's annual financial statements (latest annual report filed April 3, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ZCMD valuation and financial ratios
Zhongchao earned a return on equity of −32.0% and a return on invested capital of −78.0% in fiscal 2025. It ended the year with $0.0 million of debt and $13.9 million in cash and short-term investments, a net cash position of $13.9 million.
See the ZCMD income statement, the ZCMD chart for price history, or the ZCMD stock overview for the latest quote and news.
ZCMD key metrics FAQ
What is Zhongchao's return on equity?
Zhongchao's return on equity (ROE) was −32.0% in fiscal 2025: net income of -$6.3 million on average shareholders' equity of $19.7 million.
What is Zhongchao's ROIC?
Zhongchao's return on invested capital was −78.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Zhongchao have?
Zhongchao had total debt of $0.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is Zhongchao's current ratio?
Zhongchao's current ratio was 11.11 at the end of fiscal 2025: current assets were 11.11 times current liabilities.