China Qinfa Group Limited

SEHK:866 Stock Report

Market Cap: HK$3.6b

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 ratio7.9x
CashCN¥307.23m
EquityCN¥505.97m
Total liabilitiesCN¥7.18b
Total assetsCN¥7.69b

Recent financial health updates

Recent updates

Is China Qinfa Group (HKG:866) A Risky Investment?

Nov 13
Is China Qinfa Group (HKG:866) A Risky Investment?

Estimating The Fair Value Of China Qinfa Group Limited (HKG:866)

Oct 12
Estimating The Fair Value Of China Qinfa Group Limited (HKG:866)

Earnings Not Telling The Story For China Qinfa Group Limited (HKG:866) After Shares Rise 25%

Sep 17
Earnings Not Telling The Story For China Qinfa Group Limited (HKG:866) After Shares Rise 25%

China Qinfa Group Limited's (HKG:866) 38% Share Price Surge Not Quite Adding Up

Jun 19
China Qinfa Group Limited's (HKG:866) 38% Share Price Surge Not Quite Adding Up

Shareholders Will Probably Hold Off On Increasing China Qinfa Group Limited's (HKG:866) CEO Compensation For The Time Being

Jun 13
Shareholders Will Probably Hold Off On Increasing China Qinfa Group Limited's (HKG:866) CEO Compensation For The Time Being

China Qinfa Group Limited's (HKG:866) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

Apr 17
China Qinfa Group Limited's (HKG:866) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

Market Still Lacking Some Conviction On China Qinfa Group Limited (HKG:866)

Jan 17
Market Still Lacking Some Conviction On China Qinfa Group Limited (HKG:866)

We Think China Qinfa Group (HKG:866) Is Taking Some Risk With Its Debt

Dec 19
We Think China Qinfa Group (HKG:866) Is Taking Some Risk With Its Debt

China Qinfa Group (HKG:866) Has A Somewhat Strained Balance Sheet

Sep 11
China Qinfa Group (HKG:866) Has A Somewhat Strained Balance Sheet

Further Upside For China Qinfa Group Limited (HKG:866) Shares Could Introduce Price Risks After 28% Bounce

Aug 13
Further Upside For China Qinfa Group Limited (HKG:866) Shares Could Introduce Price Risks After 28% Bounce

Is China Qinfa Group (HKG:866) Using Too Much Debt?

Nov 21
Is China Qinfa Group (HKG:866) Using Too Much Debt?

China Qinfa Group (HKG:866) Is Posting Healthy Earnings, But It Is Not All Good News

May 10
China Qinfa Group (HKG:866) Is Posting Healthy Earnings, But It Is Not All Good News

Is China Qinfa Group (HKG:866) Using Too Much Debt?

Apr 28
Is China Qinfa Group (HKG:866) Using Too Much Debt?

Who Has Been Buying China Qinfa Group Limited (HKG:866) Shares?

Feb 23
Who Has Been Buying China Qinfa Group Limited (HKG:866) Shares?

China Qinfa Group's (HKG:866) Stock Price Has Reduced 34% In The Past Five Years

Dec 23
China Qinfa Group's (HKG:866) Stock Price Has Reduced 34% In The Past Five Years

Did China Qinfa Group Limited (HKG:866) Insiders Buy Up More Shares?

Nov 25
Did China Qinfa Group Limited (HKG:866) Insiders Buy Up More Shares?

Financial 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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