Qingdao Weflo Valve Co., Ltd.

SZSE:002871 Stock Report

Market Cap: CN¥2.3b

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
CashCN¥562.49m
EquityCN¥847.71m
Total liabilitiesCN¥440.73m
Total assetsCN¥1.29b

Recent financial health updates

No updates

Recent updates

Qingdao Weflo Valve's (SZSE:002871) Conservative Accounting Might Explain Soft Earnings

Sep 06
Qingdao Weflo Valve's (SZSE:002871) Conservative Accounting Might Explain Soft Earnings

Qingdao Weflo Valve (SZSE:002871) Might Have The Makings Of A Multi-Bagger

Apr 17
Qingdao Weflo Valve (SZSE:002871) Might Have The Makings Of A Multi-Bagger

Qingdao Weflo Valve Co., Ltd. (SZSE:002871) Stock Catapults 33% Though Its Price And Business Still Lag The Market

Mar 08
Qingdao Weflo Valve Co., Ltd. (SZSE:002871) Stock Catapults 33% Though Its Price And Business Still Lag The Market

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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