Qingci Games Balance Sheet Health
Financial Health criteria checks 6/6
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¥194.1M respectively.
Key information
1.1%
Debt to equity ratio
CN¥19.98m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.54b |
| Equity | CN¥1.79b |
| Total liabilities | CN¥194.06m |
| Total assets | CN¥1.99b |
Recent financial health updates
No updates
Recent updates
Qingci Games Inc. (HKG:6633) Stocks Pounded By 30% But Not Lagging Industry On Growth Or Pricing
Apr 20
Investors Could Be Concerned With Qingci Games' (HKG:6633) Returns On Capital
Dec 20We Believe Qingci Games' (HKG:6633) Earnings Are A Poor Guide For Its Profitability
Sep 28Qingci Games Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Mar 31Financial Position Analysis
Short Term Liabilities: 6633's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥161.6M).
Long Term Liabilities: 6633's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥32.5M).
Debt to Equity History and Analysis
Debt Level: 6633 has more cash than its total debt.
Reducing Debt: 6633's debt to equity ratio has reduced from 37.7% to 1.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 6633 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 6633 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 41.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 08:58 |
| 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
Qingci Games Inc. is covered by 2 analysts. 1 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 |
|---|---|
| Xueqing Zhang | China International Capital Corporation Limited |
| Tommy Wong | China Merchants Securities (HK) Co., Ltd |