Q Technology (Group) Company Limited

SZSC:1478 Stock Report

Market Cap: HK$5.7b

Q Technology (Group) Balance Sheet Health

Financial Health criteria checks 4/6

Q Technology (Group) has a total shareholder equity of CN¥4.9B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are CN¥13.8B and CN¥8.9B respectively. Q Technology (Group)'s EBIT is CN¥202.6M making its interest coverage ratio 15.5. It has cash and short-term investments of CN¥3.9B.

Key information

83.8%

Debt to equity ratio

CN¥4.14b

Debt

Interest coverage ratio15.5x
CashCN¥3.94b
EquityCN¥4.94b
Total liabilitiesCN¥8.90b
Total assetsCN¥13.84b

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 1478's short term assets (CN¥10.0B) exceed its short term liabilities (CN¥8.6B).

Long Term Liabilities: 1478's short term assets (CN¥10.0B) exceed its long term liabilities (CN¥325.4M).


Debt to Equity History and Analysis

Debt Level: 1478's net debt to equity ratio (4.1%) is considered satisfactory.

Reducing Debt: 1478's debt to equity ratio has increased from 74.9% to 83.8% over the past 5 years.

Debt Coverage: 1478's debt is not well covered by operating cash flow (9.7%).

Interest Coverage: 1478's interest payments on its debt are well covered by EBIT (15.5x coverage).


Balance Sheet


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