Quectel Wireless Solutions Co., Ltd.

SHSE:603236 Stock Report

Market Cap: CN¥10.0b

Quectel Wireless Solutions Balance Sheet Health

Financial Health criteria checks 4/6

Quectel Wireless Solutions has a total shareholder equity of CN¥3.5B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 79.1%. Its total assets and total liabilities are CN¥10.7B and CN¥7.2B respectively. Quectel Wireless Solutions's EBIT is CN¥116.0M making its interest coverage ratio 171.9. It has cash and short-term investments of CN¥2.1B.

Key information

79.1%

Debt to equity ratio

CN¥2.77b

Debt

Interest coverage ratio171.9x
CashCN¥2.06b
EquityCN¥3.50b
Total liabilitiesCN¥7.20b
Total assetsCN¥10.71b

Recent financial health updates

No updates

Recent updates

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¥8.1B) exceed its short term liabilities (CN¥5.2B).

Long Term Liabilities: 603236's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥2.0B).


Debt to Equity History and Analysis

Debt Level: 603236's net debt to equity ratio (20.4%) is considered satisfactory.

Reducing Debt: 603236's debt to equity ratio has increased from 6.8% to 79.1% over the past 5 years.

Debt Coverage: 603236's debt is not well covered by operating cash flow (18.2%).

Interest Coverage: 603236's interest payments on its debt are well covered by EBIT (171.9x coverage).


Balance Sheet


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