Shenzhen Qingyi Photomask Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Qingyi Photomask has a total shareholder equity of CN¥1.4B and total debt of CN¥668.8M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are CN¥2.6B and CN¥1.2B respectively. Shenzhen Qingyi Photomask's EBIT is CN¥172.5M making its interest coverage ratio 15.6. It has cash and short-term investments of CN¥476.6M.
Key information
46.7%
Debt to equity ratio
CN¥668.85m
Debt
| Interest coverage ratio | 15.6x |
| Cash | CN¥476.57m |
| Equity | CN¥1.43b |
| Total liabilities | CN¥1.16b |
| Total assets | CN¥2.60b |
Recent financial health updates
Here's Why Shenzhen Qingyi Photomask (SHSE:688138) Can Manage Its Debt Responsibly
Nov 23
Is Shenzhen Qingyi Photomask (SHSE:688138) Using Too Much Debt?
May 31Recent updates
Here's Why Shenzhen Qingyi Photomask (SHSE:688138) Can Manage Its Debt Responsibly
Nov 23There's Reason For Concern Over Shenzhen Qingyi Photomask Limited's (SHSE:688138) Massive 50% Price Jump
Oct 08Here's Why We Think Shenzhen Qingyi Photomask (SHSE:688138) Might Deserve Your Attention Today
Sep 28Shenzhen Qingyi Photomask's (SHSE:688138) Promising Earnings May Rest On Soft Foundations
Sep 05Returns On Capital At Shenzhen Qingyi Photomask (SHSE:688138) Have Stalled
Jul 14With EPS Growth And More, Shenzhen Qingyi Photomask (SHSE:688138) Makes An Interesting Case
Jun 26Is Shenzhen Qingyi Photomask (SHSE:688138) Using Too Much Debt?
May 31Subdued Growth No Barrier To Shenzhen Qingyi Photomask Limited (SHSE:688138) With Shares Advancing 26%
May 12Subdued Growth No Barrier To Shenzhen Qingyi Photomask Limited (SHSE:688138) With Shares Advancing 25%
Mar 18Financial Position Analysis
Short Term Liabilities: 688138's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥778.1M).
Long Term Liabilities: 688138's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥386.4M).
Debt to Equity History and Analysis
Debt Level: 688138's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: 688138's debt to equity ratio has increased from 4.9% to 46.7% over the past 5 years.
Debt Coverage: 688138's debt is well covered by operating cash flow (39.3%).
Interest Coverage: 688138's interest payments on its debt are well covered by EBIT (15.6x coverage).