Qingdao Haier BiomedicalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Qingdao Haier BiomedicalLtd has a total shareholder equity of CN¥4.5B and total debt of CN¥19.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥5.6B and CN¥1.1B respectively. Qingdao Haier BiomedicalLtd's EBIT is CN¥290.7M making its interest coverage ratio -4. It has cash and short-term investments of CN¥1.8B.
Key information
0.4%
Debt to equity ratio
CN¥19.10m
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥1.85b |
| Equity | CN¥4.54b |
| Total liabilities | CN¥1.10b |
| Total assets | CN¥5.64b |
Recent financial health updates
Does Qingdao Haier BiomedicalLtd (SHSE:688139) Have A Healthy Balance Sheet?
Dec 11
Is Qingdao Haier BiomedicalLtd (SHSE:688139) A Risky Investment?
Jun 14Recent updates
Does Qingdao Haier BiomedicalLtd (SHSE:688139) Have A Healthy Balance Sheet?
Dec 11Qingdao Haier BiomedicalLtd's (SHSE:688139) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 06Qingdao Haier Biomedical Co.,Ltd (SHSE:688139) Stock Rockets 38% But Many Are Still Ignoring The Company
Oct 03What Is Qingdao Haier Biomedical Co.,Ltd's (SHSE:688139) Share Price Doing?
Sep 23A Piece Of The Puzzle Missing From Qingdao Haier Biomedical Co.,Ltd's (SHSE:688139) Share Price
Aug 19Is Qingdao Haier BiomedicalLtd (SHSE:688139) A Risky Investment?
Jun 14Is Qingdao Haier Biomedical Co.,Ltd (SHSE:688139) Potentially Undervalued?
May 21Further Upside For Qingdao Haier Biomedical Co.,Ltd (SHSE:688139) Shares Could Introduce Price Risks After 33% Bounce
Apr 26Further Upside For Qingdao Haier Biomedical Co.,Ltd (SHSE:688139) Shares Could Introduce Price Risks After 33% Bounce
Apr 26Financial Position Analysis
Short Term Liabilities: 688139's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥948.8M).
Long Term Liabilities: 688139's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥151.4M).
Debt to Equity History and Analysis
Debt Level: 688139 has more cash than its total debt.
Reducing Debt: 688139's debt to equity ratio has increased from 0.08% to 0.4% over the past 5 years.
Debt Coverage: 688139's debt is well covered by operating cash flow (1025%).
Interest Coverage: 688139 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 | 2024/12/26 07:56 |
| End of Day Share Price | 2024/12/20 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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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 Haier Biomedical Co.,Ltd is covered by 7 analysts. 3 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 |
|---|---|
| Pei Cheng | China Galaxy Securities Co., Ltd. |
| Zhu Chen | Citic Securities Co., Ltd. |
| Shuo Song | Citic Securities Co., Ltd. |