Qingdao Huicheng Environmental Technology Group Co., Ltd.

SZSE:300779 Stock Report

Market Cap: CN¥18.3b

Qingdao Huicheng Environmental Technology Group Balance Sheet Health

Financial Health criteria checks 0/6

Qingdao Huicheng Environmental Technology Group has a total shareholder equity of CN¥1.5B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 137.5%. Its total assets and total liabilities are CN¥4.3B and CN¥2.8B respectively. Qingdao Huicheng Environmental Technology Group's EBIT is CN¥98.2M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥320.8M.

Key information

137.5%

Debt to equity ratio

CN¥2.00b

Debt

Interest coverage ratio1.8x
CashCN¥320.80m
EquityCN¥1.46b
Total liabilitiesCN¥2.84b
Total assetsCN¥4.30b

Recent financial health updates

Recent updates

Qingdao Huicheng Environmental Technology Group's (SZSE:300779) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 04
Qingdao Huicheng Environmental Technology Group's (SZSE:300779) Shareholders Have More To Worry About Than Only Soft Earnings

Qingdao Huicheng Environmental Technology Group Co., Ltd.'s (SZSE:300779) 46% Jump Shows Its Popularity With Investors

Oct 21
Qingdao Huicheng Environmental Technology Group Co., Ltd.'s (SZSE:300779) 46% Jump Shows Its Popularity With Investors

These 4 Measures Indicate That Qingdao Huicheng Environmental Technology Group (SZSE:300779) Is Using Debt Extensively

Sep 27
These 4 Measures Indicate That Qingdao Huicheng Environmental Technology Group (SZSE:300779) Is Using Debt Extensively

Qingdao Huicheng Environmental Technology Group Co., Ltd.'s (SZSE:300779) P/S Is Still On The Mark Following 33% Share Price Bounce

Sep 05
Qingdao Huicheng Environmental Technology Group Co., Ltd.'s (SZSE:300779) P/S Is Still On The Mark Following 33% Share Price Bounce

Qingdao Huicheng Environmental Technology Group (SZSE:300779) Might Be Having Difficulty Using Its Capital Effectively

Aug 27
Qingdao Huicheng Environmental Technology Group (SZSE:300779) Might Be Having Difficulty Using Its Capital Effectively

Impressive Earnings May Not Tell The Whole Story For Qingdao Huicheng Environmental Technology Group (SZSE:300779)

May 01
Impressive Earnings May Not Tell The Whole Story For Qingdao Huicheng Environmental Technology Group (SZSE:300779)

Qingdao Huicheng Environmental Technology Group Co., Ltd. (SZSE:300779) Looks Just Right With A 38% Price Jump

Apr 22
Qingdao Huicheng Environmental Technology Group Co., Ltd. (SZSE:300779) Looks Just Right With A 38% Price Jump

Why Investors Shouldn't Be Surprised By Qingdao Huicheng Environmental Technology Group Co., Ltd.'s (SZSE:300779) 31% Share Price Surge

Mar 06
Why Investors Shouldn't Be Surprised By Qingdao Huicheng Environmental Technology Group Co., Ltd.'s (SZSE:300779) 31% Share Price Surge

Is Qingdao Huicheng Environmental Technology Group (SZSE:300779) Using Too Much Debt?

Feb 28
Is Qingdao Huicheng Environmental Technology Group (SZSE:300779) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: 300779's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.3B).

Long Term Liabilities: 300779's short term assets (CN¥1.1B) do not cover its long term liabilities (CN¥1.5B).


Debt to Equity History and Analysis

Debt Level: 300779's net debt to equity ratio (115.5%) is considered high.

Reducing Debt: 300779's debt to equity ratio has increased from 9.5% to 137.5% over the past 5 years.

Debt Coverage: 300779's debt is not well covered by operating cash flow (3.2%).

Interest Coverage: 300779's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


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