Quick Intelligent EquipmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Quick Intelligent EquipmentLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥4.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.9B and CN¥532.2M respectively. Quick Intelligent EquipmentLtd's EBIT is CN¥140.4M making its interest coverage ratio -6.1. It has cash and short-term investments of CN¥711.7M.
Key information
0.3%
Debt to equity ratio
CN¥4.00m
Debt
| Interest coverage ratio | -6.1x |
| Cash | CN¥711.69m |
| Equity | CN¥1.39b |
| Total liabilities | CN¥532.25m |
| Total assets | CN¥1.92b |
Recent financial health updates
No updates
Recent updates
It's A Story Of Risk Vs Reward With Quick Intelligent Equipment Co.,Ltd. (SHSE:603203)
Nov 22
Earnings Troubles May Signal Larger Issues for Quick Intelligent EquipmentLtd (SHSE:603203) Shareholders
Sep 05Risks To Shareholder Returns Are Elevated At These Prices For Quick Intelligent Equipment Co.,Ltd. (SHSE:603203)
Jul 26At CN¥20.78, Is Quick Intelligent Equipment Co.,Ltd. (SHSE:603203) Worth Looking At Closely?
Mar 26Quick Intelligent EquipmentLtd (SHSE:603203) May Have Issues Allocating Its Capital
Mar 06Financial Position Analysis
Short Term Liabilities: 603203's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥503.4M).
Long Term Liabilities: 603203's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥28.9M).
Debt to Equity History and Analysis
Debt Level: 603203 has more cash than its total debt.
Reducing Debt: 603203's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 603203's debt is well covered by operating cash flow (3668.6%).
Interest Coverage: 603203 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 09:05 |
| End of Day Share Price | 2024/12/26 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Quick Intelligent Equipment Co.,Ltd. is covered by 5 analysts. 1 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 |
|---|---|
| Weichao She | Haitong International Research Limited |
| Ming Xuan Shi | Industrial Securities Co. Ltd. |
| Kun Li | Ping An Securities Co. Ltd. |