Shanghai Qingpu Fire-Fighting Equipment Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Qingpu Fire-Fighting Equipment has a total shareholder equity of CN¥169.2M and total debt of CN¥8.5M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CN¥201.8M and CN¥32.6M respectively. Shanghai Qingpu Fire-Fighting Equipment's EBIT is CN¥10.4M making its interest coverage ratio -336.8. It has cash and short-term investments of CN¥141.8M.
Key information
5.0%
Debt to equity ratio
CN¥8.46m
Debt
| Interest coverage ratio | -336.8x |
| Cash | CN¥141.83m |
| Equity | CN¥169.21m |
| Total liabilities | CN¥32.57m |
| Total assets | CN¥201.78m |
Recent financial health updates
These 4 Measures Indicate That Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Is Using Debt Safely
May 31
Does Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Have A Healthy Balance Sheet?
Nov 16Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Seems To Use Debt Quite Sensibly
May 03Recent updates
Subdued Growth No Barrier To Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. (HKG:8115) With Shares Advancing 266%
Dec 09Earnings Not Telling The Story For Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. (HKG:8115) After Shares Rise 28%
Aug 21Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Shareholders Will Want The ROCE Trajectory To Continue
Aug 14There's Reason For Concern Over Shanghai Qingpu Fire-Fighting Equipment Co., Ltd.'s (HKG:8115) Massive 43% Price Jump
Jul 03Solid Earnings Reflect Shanghai Qingpu Fire-Fighting Equipment's (HKG:8115) Strength As A Business
Apr 21Earnings Not Telling The Story For Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. (HKG:8115)
Mar 01Investors Will Want Shanghai Qingpu Fire-Fighting Equipment's (HKG:8115) Growth In ROCE To Persist
Aug 23Returns At Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Are On The Way Up
Apr 14Shanghai Qingpu Fire-Fighting Equipment's (HKG:8115) Robust Earnings Might Be Weaker Than You Think
Aug 17These 4 Measures Indicate That Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Is Using Debt Safely
May 31Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Is Looking To Continue Growing Its Returns On Capital
Mar 16Does Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Have A Healthy Balance Sheet?
Nov 16Returns On Capital Are Showing Encouraging Signs At Shanghai Qingpu Fire-Fighting Equipment (HKG:8115)
Sep 30Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Is Looking To Continue Growing Its Returns On Capital
Jun 07Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Seems To Use Debt Quite Sensibly
May 03Here’s What’s Happening With Returns At Shanghai Qingpu Fire-Fighting Equipment (HKG:8115)
Mar 09What Do The Returns At Shanghai Qingpu Fire-Fighting Equipment (HKG:8115) Mean Going Forward?
Nov 24Financial Position Analysis
Short Term Liabilities: 8115's short term assets (CN¥175.7M) exceed its short term liabilities (CN¥17.7M).
Long Term Liabilities: 8115's short term assets (CN¥175.7M) exceed its long term liabilities (CN¥14.9M).
Debt to Equity History and Analysis
Debt Level: 8115 has more cash than its total debt.
Reducing Debt: 8115's debt to equity ratio has increased from 4.1% to 5% over the past 5 years.
Debt Coverage: 8115's debt is well covered by operating cash flow (113.4%).
Interest Coverage: 8115 earns more interest than it pays, so coverage of interest payments is not a concern.