Qinqin Foodstuffs Group (Cayman) Balance Sheet Health
Financial Health criteria checks 5/6
Qinqin Foodstuffs Group (Cayman) has a total shareholder equity of CN¥1.2B and total debt of CN¥271.9M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are CN¥1.8B and CN¥609.3M respectively. Qinqin Foodstuffs Group (Cayman)'s EBIT is CN¥3.2M making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥500.1M.
Key information
22.0%
Debt to equity ratio
CN¥271.86m
Debt
| Interest coverage ratio | -0.6x |
| Cash | CN¥500.14m |
| Equity | CN¥1.23b |
| Total liabilities | CN¥609.34m |
| Total assets | CN¥1.84b |
Recent financial health updates
Qinqin Foodstuffs Group (Cayman) (HKG:1583) Has A Somewhat Strained Balance Sheet
Sep 12
Qinqin Foodstuffs Group (Cayman) (HKG:1583) Takes On Some Risk With Its Use Of Debt
Sep 21Qinqin Foodstuffs Group (Cayman) (HKG:1583) Takes On Some Risk With Its Use Of Debt
Jun 17Qinqin Foodstuffs Group (Cayman) (HKG:1583) Seems To Use Debt Quite Sensibly
Apr 20Recent updates
Returns On Capital At Qinqin Foodstuffs Group (Cayman) (HKG:1583) Paint A Concerning Picture
Oct 02Qinqin Foodstuffs Group (Cayman) (HKG:1583) Has A Somewhat Strained Balance Sheet
Sep 12Qinqin Foodstuffs Group (Cayman) Company Limited's (HKG:1583) Shares May Have Run Too Fast Too Soon
Aug 19Most Shareholders Will Probably Find That The Compensation For Qinqin Foodstuffs Group (Cayman) Company Limited's (HKG:1583) CEO Is Reasonable
May 10There's Been No Shortage Of Growth Recently For Qinqin Foodstuffs Group (Cayman)'s (HKG:1583) Returns On Capital
Oct 17Qinqin Foodstuffs Group (Cayman) (HKG:1583) Takes On Some Risk With Its Use Of Debt
Sep 21Qinqin Foodstuffs Group (Cayman) (HKG:1583) Takes On Some Risk With Its Use Of Debt
Jun 17Qinqin Foodstuffs Group (Cayman) (HKG:1583) Might Be Having Difficulty Using Its Capital Effectively
May 10Qinqin Foodstuffs Group (Cayman) (HKG:1583) Seems To Use Debt Quite Sensibly
Apr 20Should You Be Impressed By Qinqin Foodstuffs Group (Cayman)'s (HKG:1583) Returns on Capital?
Mar 19How Much Of Qinqin Foodstuffs Group (Cayman) Company Limited (HKG:1583) Do Insiders Own?
Feb 15We're Not So Sure You Should Rely on Qinqin Foodstuffs Group (Cayman)'s (HKG:1583) Statutory Earnings
Jan 25Has Qinqin Foodstuffs Group (Cayman) Company Limited (HKG:1583) Stock's Recent Performance Got Anything to Do With Its Financial Health?
Jan 03
Should You Take Comfort From Insider Transactions At Qinqin Foodstuffs Group (Cayman) Company Limited (HKG:1583)?
Dec 19Should Qinqin Foodstuffs Group (Cayman) (HKG:1583) Be Disappointed With Their 14% Profit?
Dec 06Has Qinqin Foodstuffs Group (Cayman) (HKG:1583) Got What It Takes To Become A Multi-Bagger?
Nov 24Financial Position Analysis
Short Term Liabilities: 1583's short term assets (CN¥612.0M) exceed its short term liabilities (CN¥407.4M).
Long Term Liabilities: 1583's short term assets (CN¥612.0M) exceed its long term liabilities (CN¥202.0M).
Debt to Equity History and Analysis
Debt Level: 1583 has more cash than its total debt.
Reducing Debt: 1583's debt to equity ratio has increased from 0% to 22% over the past 5 years.
Debt Coverage: 1583's debt is well covered by operating cash flow (47.6%).
Interest Coverage: 1583 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 20:40 |
| End of Day Share Price | 2025/01/10 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
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Analyst Sources
Qinqin Foodstuffs Group (Cayman) Company Limited is covered by 0 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 |
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