Quechen Silicon Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Quechen Silicon Chemical has a total shareholder equity of CN¥3.2B and total debt of CN¥85.1M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CN¥3.6B and CN¥447.8M respectively. Quechen Silicon Chemical's EBIT is CN¥536.7M making its interest coverage ratio -11.6. It has cash and short-term investments of CN¥797.8M.
Key information
2.7%
Debt to equity ratio
CN¥85.14m
Debt
| Interest coverage ratio | -11.6x |
| Cash | CN¥797.80m |
| Equity | CN¥3.18b |
| Total liabilities | CN¥447.82m |
| Total assets | CN¥3.63b |
Recent financial health updates
Recent updates
Are Investors Undervaluing Quechen Silicon Chemical Co., Ltd. (SHSE:605183) By 40%?
Jan 03
Return Trends At Quechen Silicon Chemical (SHSE:605183) Aren't Appealing
Oct 15Little Excitement Around Quechen Silicon Chemical Co., Ltd.'s (SHSE:605183) Earnings
Aug 23Quechen Silicon Chemical (SHSE:605183) May Have Issues Allocating Its Capital
Jul 12Does Quechen Silicon Chemical (SHSE:605183) Have A Healthy Balance Sheet?
Jun 07There's No Escaping Quechen Silicon Chemical Co., Ltd.'s (SHSE:605183) Muted Earnings Despite A 28% Share Price Rise
Apr 25Quechen Silicon Chemical Co., Ltd. (SHSE:605183) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Mar 07Financial Position Analysis
Short Term Liabilities: 605183's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥447.4M).
Long Term Liabilities: 605183's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥442.9K).
Debt to Equity History and Analysis
Debt Level: 605183 has more cash than its total debt.
Reducing Debt: 605183's debt to equity ratio has reduced from 7.2% to 2.7% over the past 5 years.
Debt Coverage: 605183's debt is well covered by operating cash flow (633.5%).
Interest Coverage: 605183 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 | 2025/01/09 18:54 |
| End of Day Share Price | 2025/01/09 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
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Analyst Sources
Quechen Silicon Chemical Co., Ltd. is covered by 3 analysts. 2 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 |
|---|---|
| Zhe Wang | Citic Securities Co., Ltd. |
| Wei Liu | Haitong International Research Limited |
| Xiaohan Sun | Haitong International Research Limited |