CNQC International Holdings Balance Sheet Health
Financial Health criteria checks 3/6
CNQC International Holdings has a total shareholder equity of HK$2.9B and total debt of HK$4.3B, which brings its debt-to-equity ratio to 152%. Its total assets and total liabilities are HK$10.4B and HK$7.6B respectively. CNQC International Holdings's EBIT is HK$86.2M making its interest coverage ratio 0.4. It has cash and short-term investments of HK$982.3M.
Key information
152.0%
Debt to equity ratio
HK$4.34b
Debt
| Interest coverage ratio | 0.4x |
| Cash | HK$982.30m |
| Equity | HK$2.85b |
| Total liabilities | HK$7.56b |
| Total assets | HK$10.41b |
Recent financial health updates
Is CNQC International Holdings (HKG:1240) A Risky Investment?
Oct 04
Is CNQC International Holdings (HKG:1240) Weighed On By Its Debt Load?
Nov 02Recent updates
Is CNQC International Holdings (HKG:1240) A Risky Investment?
Oct 04Is CNQC International Holdings (HKG:1240) Weighed On By Its Debt Load?
Nov 02CNQC International Holdings' (HKG:1240) Dividend Is Being Reduced To HK$0.06
Apr 27CNQC International Holdings' (HKG:1240) Dividend Is Being Reduced To HK$0.06
Apr 05We're Not Counting On CNQC International Holdings (HKG:1240) To Sustain Its Statutory Profitability
Jan 17If You Had Bought CNQC International Holdings' (HKG:1240) Shares Three Years Ago You Would Be Down 78%
Dec 13Financial Position Analysis
Short Term Liabilities: 1240's short term assets (HK$7.7B) exceed its short term liabilities (HK$5.2B).
Long Term Liabilities: 1240's short term assets (HK$7.7B) exceed its long term liabilities (HK$2.4B).
Debt to Equity History and Analysis
Debt Level: 1240's net debt to equity ratio (117.5%) is considered high.
Reducing Debt: 1240's debt to equity ratio has reduced from 190.6% to 152% over the past 5 years.
Debt Coverage: 1240's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 1240's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 01:05 |
| End of Day Share Price | 2024/12/17 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
CNQC International Holdings Limited is covered by 1 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 |
|---|---|
| Hoi Yin Yip | China Everbright Research Limited |