Shanghai QiFan Cable Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai QiFan Cable has a total shareholder equity of CN¥4.7B and total debt of CN¥6.0B, which brings its debt-to-equity ratio to 127.4%. Its total assets and total liabilities are CN¥14.3B and CN¥9.6B respectively. Shanghai QiFan Cable's EBIT is CN¥415.1M making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥1.2B.
Key information
127.4%
Debt to equity ratio
CN¥6.01b
Debt
| Interest coverage ratio | 2.2x |
| Cash | CN¥1.21b |
| Equity | CN¥4.72b |
| Total liabilities | CN¥9.56b |
| Total assets | CN¥14.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605222's short term assets (CN¥11.5B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 605222's short term assets (CN¥11.5B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 605222's net debt to equity ratio (101.7%) is considered high.
Reducing Debt: 605222's debt to equity ratio has increased from 51.2% to 127.4% over the past 5 years.
Debt Coverage: 605222's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: 605222's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:11 |
| End of Day Share Price | 2024/12/23 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
Shanghai QiFan Cable Co., Ltd is covered by 1 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 |
|---|---|
| Zhongshu Yin | Everbright Securities Co. Ltd. |