Qingci Games Balance Sheet Health

Financial Health criteria checks 5/6

Qingci Games has a total shareholder equity of CN¥1.8B and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥2.0B and CN¥187.0M respectively. Qingci Games's EBIT is CN¥155.1M making its interest coverage ratio -11.2. It has cash and short-term investments of CN¥1.6B.

Key information

1.1%

Debt to equity ratio

CN¥19.99m

Debt

Interest coverage ratio-11.2x
CashCN¥1.59b
EquityCN¥1.84b
Total liabilitiesCN¥187.03m
Total assetsCN¥2.03b

Recent financial health updates

No updates

Recent updates

Investors Could Be Concerned With Qingci Games' (HKG:6633) Returns On Capital

Dec 20
Investors Could Be Concerned With Qingci Games' (HKG:6633) Returns On Capital

We Believe Qingci Games' (HKG:6633) Earnings Are A Poor Guide For Its Profitability

Sep 28
We Believe Qingci Games' (HKG:6633) Earnings Are A Poor Guide For Its Profitability

Qingci Games Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Mar 31
Qingci Games Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Financial Position Analysis

Short Term Liabilities: 6633's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥153.9M).

Long Term Liabilities: 6633's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥33.1M).


Debt to Equity History and Analysis

Debt Level: 6633 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 6633's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 6633's debt is well covered by operating cash flow (312.4%).

Interest Coverage: 6633 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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