Quectel Wireless Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Quectel Wireless Solutions has a total shareholder equity of CN¥7.0B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are CN¥19.0B and CN¥12.0B respectively. Quectel Wireless Solutions's EBIT is CN¥758.0M making its interest coverage ratio 18.1. It has cash and short-term investments of CN¥2.5B.
Key information
40.47%
Debt to equity ratio
CN¥2.82b
Debt
| Interest coverage ratio | 18.1x |
| Cash | CN¥2.47b |
| Equity | CN¥6.96b |
| Total liabilities | CN¥11.99b |
| Total assets | CN¥18.95b |
Recent financial health updates
Quectel Wireless Solutions (SHSE:603236) Has A Rock Solid Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...These 4 Measures Indicate That Quectel Wireless Solutions (SHSE:603236) Is Using Debt Safely
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...We Think Quectel Wireless Solutions (SHSE:603236) Is Taking Some Risk With Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Recent updates
Financial Position Analysis
Short Term Liabilities: 603236's short term assets (CN¥15.6B) exceed its short term liabilities (CN¥10.9B).
Long Term Liabilities: 603236's short term assets (CN¥15.6B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 603236's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: 603236's debt to equity ratio has reduced from 40.6% to 40.5% over the past 5 years.
Debt Coverage: 603236's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603236's interest payments on its debt are well covered by EBIT (18.1x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/26 17:52 |
| End of Day Share Price | 2026/06/26 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Quectel Wireless Solutions 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 |
|---|---|
| Jingyu Zhu | China International Capital Corporation Limited |
| Heran Li | Citic Securities Co., Ltd. |
| Kai Liu | Everbright Securities Co. Ltd. |