Quectel Wireless Solutions Co., Ltd.

SHSE:603236 Stock Report

Market Cap: CN¥12.8b

Quectel Wireless Solutions Balance Sheet Health

Financial Health criteria checks 4/6

Quectel Wireless Solutions has a total shareholder equity of CN¥3.6B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are CN¥11.8B and CN¥8.2B respectively. Quectel Wireless Solutions's EBIT is CN¥233.5M making its interest coverage ratio 6.2. It has cash and short-term investments of CN¥1.5B.

Key information

75.2%

Debt to equity ratio

CN¥2.72b

Debt

Interest coverage ratio6.2x
CashCN¥1.50b
EquityCN¥3.61b
Total liabilitiesCN¥8.17b
Total assetsCN¥11.78b

Recent financial health updates

No updates

Recent updates

Quectel Wireless Solutions Co., Ltd.'s (SHSE:603236) P/E Is Still On The Mark Following 25% Share Price Bounce

May 23
Quectel Wireless Solutions Co., Ltd.'s (SHSE:603236) P/E Is Still On The Mark Following 25% Share Price Bounce

Quectel Wireless Solutions' (SHSE:603236) Anemic Earnings Might Be Worse Than You Think

Apr 29
Quectel Wireless Solutions' (SHSE:603236) Anemic Earnings Might Be Worse Than You Think

Should You Think About Buying Quectel Wireless Solutions Co., Ltd. (SHSE:603236) Now?

Mar 26
Should You Think About Buying Quectel Wireless Solutions Co., Ltd. (SHSE:603236) Now?

Quectel Wireless Solutions Co., Ltd. (SHSE:603236) Looks Just Right With A 37% Price Jump

Mar 07
Quectel Wireless Solutions Co., Ltd. (SHSE:603236) Looks Just Right With A 37% Price Jump

Financial Position Analysis

Short Term Liabilities: 603236's short term assets (CN¥9.1B) exceed its short term liabilities (CN¥6.2B).

Long Term Liabilities: 603236's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥2.0B).


Debt to Equity History and Analysis

Debt Level: 603236's net debt to equity ratio (33.6%) is considered satisfactory.

Reducing Debt: 603236's debt to equity ratio has increased from 0% to 75.2% over the past 5 years.

Debt Coverage: 603236's debt is not well covered by operating cash flow (1.8%).

Interest Coverage: 603236's interest payments on its debt are well covered by EBIT (6.2x coverage).


Balance Sheet


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