Qingmu Tec Balance Sheet Health
Financial Health criteria checks 5/6
Qingmu Tec has a total shareholder equity of CN¥1.4B and total debt of CN¥7.4M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥1.6B and CN¥161.4M respectively. Qingmu Tec's EBIT is CN¥70.3M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥876.7M.
Key information
0.5%
Debt to equity ratio
CN¥7.44m
Debt
| Interest coverage ratio | -1.9x |
| Cash | CN¥876.66m |
| Equity | CN¥1.40b |
| Total liabilities | CN¥161.44m |
| Total assets | CN¥1.56b |
Recent financial health updates
No updates
Recent updates
Qingmu Tec Co., Ltd. (SZSE:301110) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
Nov 29
Qingmu Tec's (SZSE:301110) Earnings Are Of Questionable Quality
Nov 04Qingmu Tec Co., Ltd. (SZSE:301110) Looks Just Right With A 35% Price Jump
Oct 13Investors Could Be Concerned With Qingmu Tec's (SZSE:301110) Returns On Capital
Sep 30What You Can Learn From Qingmu Tec Co., Ltd.'s (SZSE:301110) P/E
Jul 19Shareholders Can Be Confident That Qingmu Digital TechnologyLtd's (SZSE:301110) Earnings Are High Quality
Apr 30Investors Could Be Concerned With Qingmu Digital TechnologyLtd's (SZSE:301110) Returns On Capital
Apr 22Financial Position Analysis
Short Term Liabilities: 301110's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥150.5M).
Long Term Liabilities: 301110's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥10.9M).
Debt to Equity History and Analysis
Debt Level: 301110 has more cash than its total debt.
Reducing Debt: 301110's debt to equity ratio has increased from 0.3% to 0.5% over the past 5 years.
Debt Coverage: 301110's debt is well covered by operating cash flow (1569.7%).
Interest Coverage: 301110 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 | 2024/12/24 20:14 |
| End of Day Share Price | 2024/12/24 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
Qingmu Tec 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 |
|---|---|
| Xiao Ma | Topsperity Securities |