Qingdao Richmat Intelligence Technology Inc.

SZSE:301320 Stock Report

Market Cap: CN¥2.9b

Qingdao Richmat Intelligence Technology Balance Sheet Health

Financial Health criteria checks 6/6

Qingdao Richmat Intelligence Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥422.4M respectively. Qingdao Richmat Intelligence Technology's EBIT is CN¥36.8M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥610.0M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-2.5x
CashCN¥609.98m
EquityCN¥1.05b
Total liabilitiesCN¥422.39m
Total assetsCN¥1.47b

Recent financial health updates

No updates

Recent updates

What Qingdao Richmat Intelligence Technology Inc.'s (SZSE:301320) P/E Is Not Telling You

Dec 23
What Qingdao Richmat Intelligence Technology Inc.'s (SZSE:301320) P/E Is Not Telling You

We Think That There Are More Issues For Qingdao Richmat Intelligence Technology (SZSE:301320) Than Just Sluggish Earnings

Nov 06
We Think That There Are More Issues For Qingdao Richmat Intelligence Technology (SZSE:301320) Than Just Sluggish Earnings

Qingdao Richmat Intelligence Technology's (SZSE:301320) Returns On Capital Not Reflecting Well On The Business

Oct 03
Qingdao Richmat Intelligence Technology's (SZSE:301320) Returns On Capital Not Reflecting Well On The Business

Returns On Capital At Qingdao Richmat Intelligence Technology (SZSE:301320) Paint A Concerning Picture

Jun 08
Returns On Capital At Qingdao Richmat Intelligence Technology (SZSE:301320) Paint A Concerning Picture

Investors Can Find Comfort In Qingdao Richmat Intelligence Technology's (SZSE:301320) Earnings Quality

May 01
Investors Can Find Comfort In Qingdao Richmat Intelligence Technology's (SZSE:301320) Earnings Quality

Financial Position Analysis

Short Term Liabilities: 301320's short term assets (CN¥993.8M) exceed its short term liabilities (CN¥402.1M).

Long Term Liabilities: 301320's short term assets (CN¥993.8M) exceed its long term liabilities (CN¥20.3M).


Debt to Equity History and Analysis

Debt Level: 301320 is debt free.

Reducing Debt: 301320 had no debt 5 years ago.

Debt Coverage: 301320 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 301320 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 14:43
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Qingdao Richmat Intelligence Technology Inc. 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.

AnalystInstitution