Qinhuangdao Port Balance Sheet Health
Financial Health criteria checks 5/6
Qinhuangdao Port has a total shareholder equity of CN¥20.2B and total debt of CN¥5.6B, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are CN¥28.0B and CN¥7.8B respectively. Qinhuangdao Port's EBIT is CN¥1.5B making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥2.5B.
Key information
27.9%
Debt to equity ratio
CN¥5.63b
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥2.53b |
| Equity | CN¥20.20b |
| Total liabilities | CN¥7.80b |
| Total assets | CN¥28.00b |
Recent financial health updates
Qinhuangdao Port (HKG:3369) Has A Pretty Healthy Balance Sheet
Jul 20
Qinhuangdao Port (HKG:3369) Could Easily Take On More Debt
Oct 26Is Qinhuangdao Port (HKG:3369) Using Too Much Debt?
Jun 12Qinhuangdao Port (HKG:3369) Seems To Use Debt Rather Sparingly
Dec 06These 4 Measures Indicate That Qinhuangdao Port (HKG:3369) Is Using Debt Reasonably Well
Mar 08Is Qinhuangdao Port (HKG:3369) A Risky Investment?
Aug 28Recent updates
Returns On Capital At Qinhuangdao Port (HKG:3369) Have Stalled
Oct 15Why Investors Shouldn't Be Surprised By Qinhuangdao Port Co., Ltd.'s (HKG:3369) Low P/E
Sep 25Do Qinhuangdao Port's (HKG:3369) Earnings Warrant Your Attention?
Sep 03Qinhuangdao Port (HKG:3369) Has A Pretty Healthy Balance Sheet
Jul 20Qinhuangdao Port (HKG:3369) Is Paying Out A Larger Dividend Than Last Year
Jun 28Return Trends At Qinhuangdao Port (HKG:3369) Aren't Appealing
Jun 15Is Now The Time To Put Qinhuangdao Port (HKG:3369) On Your Watchlist?
May 24Qinhuangdao Port Co., Ltd.'s (HKG:3369) Price Is Right But Growth Is Lacking
Feb 22Qinhuangdao Port's (HKG:3369) Returns Have Hit A Wall
Jan 24Should You Be Adding Qinhuangdao Port (HKG:3369) To Your Watchlist Today?
Jan 03Qinhuangdao Port (HKG:3369) Could Easily Take On More Debt
Oct 26Returns At Qinhuangdao Port (HKG:3369) Appear To Be Weighed Down
Jul 31Qinhuangdao Port (HKG:3369) Is Paying Out A Larger Dividend Than Last Year
Jun 30Is Qinhuangdao Port (HKG:3369) Using Too Much Debt?
Jun 12Is Now The Time To Put Qinhuangdao Port (HKG:3369) On Your Watchlist?
May 21Qinhuangdao Port (HKG:3369) Has Some Way To Go To Become A Multi-Bagger
Apr 29Investors Met With Slowing Returns on Capital At Qinhuangdao Port (HKG:3369)
Jan 09Qinhuangdao Port (HKG:3369) Seems To Use Debt Rather Sparingly
Dec 06The Returns At Qinhuangdao Port (HKG:3369) Aren't Growing
Sep 29Qinhuangdao Port's (HKG:3369) Dividend Is Being Reduced To HK$0.066
Jun 30These 4 Measures Indicate That Qinhuangdao Port (HKG:3369) Is Using Debt Reasonably Well
Mar 08Is Now The Time To Put Qinhuangdao Port (HKG:3369) On Your Watchlist?
Sep 20Is Qinhuangdao Port (HKG:3369) A Risky Investment?
Aug 28Qinhuangdao Port (HKG:3369) Hasn't Managed To Accelerate Its Returns
May 31We Think Qinhuangdao Port (HKG:3369) Can Stay On Top Of Its Debt
Apr 26Our Take On The Returns On Capital At Qinhuangdao Port (HKG:3369)
Mar 02Qinhuangdao Port (HKG:3369) Seems To Use Debt Rather Sparingly
Jan 22
Qinhuangdao Port (HKG:3369) Share Prices Have Dropped 63% In The Last Five Years
Jan 04Does Qinhuangdao Port's (HKG:3369) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 17The Trends At Qinhuangdao Port (HKG:3369) That You Should Know About
Dec 02How Does Qinhuangdao Port's (HKG:3369) CEO Pay Compare With Company Performance?
Nov 17Financial Position Analysis
Short Term Liabilities: 3369's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 3369's short term assets (CN¥3.1B) do not cover its long term liabilities (CN¥4.8B).
Debt to Equity History and Analysis
Debt Level: 3369's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: 3369's debt to equity ratio has reduced from 45.8% to 27.9% over the past 5 years.
Debt Coverage: 3369's debt is well covered by operating cash flow (37.9%).
Interest Coverage: 3369 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 | 2024/12/21 08:48 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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
Qinhuangdao Port Co., Ltd. is covered by 7 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 |
|---|---|
| Gangxian Liu | China International Capital Corporation Limited |
| Tao Chang | China Merchants Securities Co. Ltd. |
| null null | CMB International Securities Limited |