China Qinfa Group Balance Sheet Health
Financial Health criteria checks 3/6
China Qinfa Group has a total shareholder equity of CN¥506.0M and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 622%. Its total assets and total liabilities are CN¥7.7B and CN¥7.2B respectively. China Qinfa Group's EBIT is CN¥413.5M making its interest coverage ratio 7.9. It has cash and short-term investments of CN¥307.2M.
Key information
622.0%
Debt to equity ratio
CN¥3.15b
Debt
| Interest coverage ratio | 7.9x |
| Cash | CN¥307.23m |
| Equity | CN¥505.97m |
| Total liabilities | CN¥7.18b |
| Total assets | CN¥7.69b |
Recent financial health updates
Is China Qinfa Group (HKG:866) A Risky Investment?
Nov 13
We Think China Qinfa Group (HKG:866) Is Taking Some Risk With Its Debt
Dec 19China Qinfa Group (HKG:866) Has A Somewhat Strained Balance Sheet
Sep 11Is China Qinfa Group (HKG:866) Using Too Much Debt?
Nov 21Is China Qinfa Group (HKG:866) Using Too Much Debt?
Apr 28Recent updates
Is China Qinfa Group (HKG:866) A Risky Investment?
Nov 13Estimating The Fair Value Of China Qinfa Group Limited (HKG:866)
Oct 12Earnings Not Telling The Story For China Qinfa Group Limited (HKG:866) After Shares Rise 25%
Sep 17China Qinfa Group Limited's (HKG:866) 38% Share Price Surge Not Quite Adding Up
Jun 19Shareholders Will Probably Hold Off On Increasing China Qinfa Group Limited's (HKG:866) CEO Compensation For The Time Being
Jun 13China Qinfa Group Limited's (HKG:866) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
Apr 17Market Still Lacking Some Conviction On China Qinfa Group Limited (HKG:866)
Jan 17We Think China Qinfa Group (HKG:866) Is Taking Some Risk With Its Debt
Dec 19China Qinfa Group (HKG:866) Has A Somewhat Strained Balance Sheet
Sep 11Further Upside For China Qinfa Group Limited (HKG:866) Shares Could Introduce Price Risks After 28% Bounce
Aug 13Is China Qinfa Group (HKG:866) Using Too Much Debt?
Nov 21China Qinfa Group (HKG:866) Is Posting Healthy Earnings, But It Is Not All Good News
May 10Is China Qinfa Group (HKG:866) Using Too Much Debt?
Apr 28Who Has Been Buying China Qinfa Group Limited (HKG:866) Shares?
Feb 23China Qinfa Group's (HKG:866) Stock Price Has Reduced 34% In The Past Five Years
Dec 23
Did China Qinfa Group Limited (HKG:866) Insiders Buy Up More Shares?
Nov 25Financial Position Analysis
Short Term Liabilities: 866's short term assets (CN¥1.7B) do not cover its short term liabilities (CN¥5.2B).
Long Term Liabilities: 866's short term assets (CN¥1.7B) do not cover its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 866's net debt to equity ratio (561.3%) is considered high.
Reducing Debt: 866's debt to equity ratio has reduced from 826.3% to 622% over the past 5 years.
Debt Coverage: 866's debt is well covered by operating cash flow (36.8%).
Interest Coverage: 866's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 08:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
China Qinfa Group Limited is covered by 9 analysts. 0 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 |
|---|---|
| Kathryn Ding | BNP Paribas Securities (Asia) |
| null null | CCB International Securities Limited |
| Swee-Koon Tan | China Everbright Research Limited |