Qingdao CHOHO IndustrialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Qingdao CHOHO IndustrialLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥528.3M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are CN¥2.3B and CN¥1.0B respectively. Qingdao CHOHO IndustrialLtd's EBIT is CN¥127.3M making its interest coverage ratio 8.2. It has cash and short-term investments of CN¥248.8M.
Key information
43.3%
Debt to equity ratio
CN¥528.31m
Debt
| Interest coverage ratio | 8.2x |
| Cash | CN¥248.77m |
| Equity | CN¥1.22b |
| Total liabilities | CN¥1.04b |
| Total assets | CN¥2.26b |
Recent financial health updates
No updates
Recent updates
Earnings Troubles May Signal Larger Issues for Qingdao CHOHO IndustrialLtd (SZSE:003033) Shareholders
Nov 03
Qingdao CHOHO IndustrialLtd (SZSE:003033) Will Be Hoping To Turn Its Returns On Capital Around
Oct 01Qingdao CHOHO IndustrialLtd's (SZSE:003033) Anemic Earnings Might Be Worse Than You Think
May 03Benign Growth For Qingdao CHOHO Industrial Co.,Ltd. (SZSE:003033) Underpins Its Share Price
Mar 28Financial Position Analysis
Short Term Liabilities: 003033's short term assets (CN¥991.7M) exceed its short term liabilities (CN¥399.1M).
Long Term Liabilities: 003033's short term assets (CN¥991.7M) exceed its long term liabilities (CN¥645.4M).
Debt to Equity History and Analysis
Debt Level: 003033's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: 003033's debt to equity ratio has increased from 17.9% to 43.3% over the past 5 years.
Debt Coverage: 003033's debt is well covered by operating cash flow (46.8%).
Interest Coverage: 003033's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 23:34 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Qingdao CHOHO Industrial Co.,Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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