Beijing QingCloud Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
Beijing QingCloud Technology Group has a total shareholder equity of CN¥116.6M and total debt of CN¥264.7M, which brings its debt-to-equity ratio to 226.9%. Its total assets and total liabilities are CN¥575.7M and CN¥459.1M respectively.
Key information
226.9%
Debt to equity ratio
CN¥264.68m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥197.22m |
| Equity | CN¥116.63m |
| Total liabilities | CN¥459.10m |
| Total assets | CN¥575.73m |
Recent financial health updates
No updates
Recent updates
What Beijing QingCloud Technology Group Co., Ltd's (SHSE:688316) 36% Share Price Gain Is Not Telling You
Nov 15
QingCloud Technologies Corp.'s (SHSE:688316) Shares Climb 28% But Its Business Is Yet to Catch Up
Oct 01QingCloud Technologies Corp.'s (SHSE:688316) Popularity With Investors Under Threat As Stock Sinks 26%
Apr 21QingCloud Technologies Corp.'s (SHSE:688316) 40% Price Boost Is Out Of Tune With Revenues
Mar 07Financial Position Analysis
Short Term Liabilities: 688316's short term assets (CN¥337.7M) do not cover its short term liabilities (CN¥425.4M).
Long Term Liabilities: 688316's short term assets (CN¥337.7M) exceed its long term liabilities (CN¥33.7M).
Debt to Equity History and Analysis
Debt Level: 688316's net debt to equity ratio (57.8%) is considered high.
Reducing Debt: 688316's debt to equity ratio has increased from 6% to 226.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 688316 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 688316 has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 2.1% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 18:03 |
| End of Day Share Price | 2024/12/25 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 |
| |
| 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
Beijing QingCloud Technology Group Co., Ltd is covered by 1 analysts. 0 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 |
|---|---|
| Xin Jun Miao | Tianfeng Securities Brokerage Co., Ltd |