Qinchuan Machine Tool & Tool Group Share Balance Sheet Health
Financial Health criteria checks 4/6
Qinchuan Machine Tool & Tool Group Share has a total shareholder equity of CN¥5.5B and total debt of CN¥933.9M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CN¥9.5B and CN¥4.0B respectively.
Key information
17.1%
Debt to equity ratio
CN¥933.86m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.56b |
| Equity | CN¥5.46b |
| Total liabilities | CN¥4.01b |
| Total assets | CN¥9.47b |
Recent financial health updates
Is Qinchuan Machine Tool & Tool Group Share (SZSE:000837) Using Too Much Debt?
Dec 09
Does Qinchuan Machine Tool & Tool Group Share (SZSE:000837) Have A Healthy Balance Sheet?
Aug 01Recent updates
Is Qinchuan Machine Tool & Tool Group Share (SZSE:000837) Using Too Much Debt?
Dec 09Qinchuan Machine Tool & Tool Group Share Co., Ltd.'s (SZSE:000837) 26% Price Boost Is Out Of Tune With Revenues
Nov 11Qinchuan Machine Tool & Tool Group Share's (SZSE:000837) Problems Go Beyond Weak Profit
Nov 06Subdued Growth No Barrier To Qinchuan Machine Tool & Tool Group Share Co., Ltd.'s (SZSE:000837) Price
Sep 27Does Qinchuan Machine Tool & Tool Group Share (SZSE:000837) Have A Healthy Balance Sheet?
Aug 01Qinchuan Machine Tool & Tool Group Share Co., Ltd.'s (SZSE:000837) Popularity With Investors Is Under Threat From Overpricing
Jun 23Qinchuan Machine Tool & Tool Group Share's (SZSE:000837) Shareholders Have More To Worry About Than Lackluster Earnings
Apr 07Optimistic Investors Push Qinchuan Machine Tool & Tool Group Share Co., Ltd. (SZSE:000837) Shares Up 35% But Growth Is Lacking
Mar 01Financial Position Analysis
Short Term Liabilities: 000837's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 000837's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 000837 has more cash than its total debt.
Reducing Debt: 000837's debt to equity ratio has reduced from 100% to 17.1% over the past 5 years.
Debt Coverage: 000837's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: Insufficient data to determine if 000837's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 03:25 |
| End of Day Share Price | 2025/01/08 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Qinchuan Machine Tool & Tool Group Share Co., Ltd. is covered by 14 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 |
|---|---|
| Qi Shi | BOCI Research Ltd. |
| Yuechao Lu | Changjiang Securities Co. LTD. |
| Rong Liu | China Merchants Securities Co. Ltd. |