Chongqing Qin'an M&E Balance Sheet Health
Financial Health criteria checks 6/6
Chongqing Qin'an M&E has a total shareholder equity of CN¥2.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.9B and CN¥413.1M respectively. Chongqing Qin'an M&E's EBIT is CN¥269.5M making its interest coverage ratio -15.1. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -15.1x |
| Cash | CN¥1.08b |
| Equity | CN¥2.46b |
| Total liabilities | CN¥413.10m |
| Total assets | CN¥2.87b |
Recent financial health updates
Recent updates
Further Upside For Chongqing Qin'an M&E PLC. (SHSE:603758) Shares Could Introduce Price Risks After 36% Bounce
Nov 08
Some Investors May Be Willing To Look Past Chongqing Qin'an M&E's (SHSE:603758) Soft Earnings
Nov 04Chongqing Qin'an M&E (SHSE:603758) Has A Rock Solid Balance Sheet
Apr 17We Like The Quality Of Chongqing Qin'an M&E's (SHSE:603758) Earnings
Mar 18Chongqing Qin'an M&E PLC.'s (SHSE:603758) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Mar 14Financial Position Analysis
Short Term Liabilities: 603758's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥396.3M).
Long Term Liabilities: 603758's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥16.8M).
Debt to Equity History and Analysis
Debt Level: 603758 is debt free.
Reducing Debt: 603758 had no debt 5 years ago.
Debt Coverage: 603758 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603758 has no debt, therefore coverage of interest payments is not a concern.