Qingdao Weflo Valve Balance Sheet Health
Financial Health criteria checks 5/6
Qingdao Weflo Valve has a total shareholder equity of CN¥847.7M and total debt of CN¥231.5M, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are CN¥1.3B and CN¥440.7M respectively. Qingdao Weflo Valve's EBIT is CN¥124.4M making its interest coverage ratio -12.5. It has cash and short-term investments of CN¥562.5M.
Key information
27.3%
Debt to equity ratio
CN¥231.53m
Debt
| Interest coverage ratio | -12.5x |
| Cash | CN¥562.49m |
| Equity | CN¥847.71m |
| Total liabilities | CN¥440.73m |
| Total assets | CN¥1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002871's short term assets (CN¥890.8M) exceed its short term liabilities (CN¥197.8M).
Long Term Liabilities: 002871's short term assets (CN¥890.8M) exceed its long term liabilities (CN¥242.9M).
Debt to Equity History and Analysis
Debt Level: 002871 has more cash than its total debt.
Reducing Debt: 002871's debt to equity ratio has increased from 0% to 27.3% over the past 5 years.
Debt Coverage: 002871's debt is well covered by operating cash flow (43.2%).
Interest Coverage: 002871 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 | 2024/12/25 13:00 |
| End of Day Share Price | 2024/12/25 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
Qingdao Weflo Valve Co., Ltd. is covered by 1 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 |
|---|---|
| Shang Wen Cheng | Industrial Securities Co. Ltd. |