Qinhuangdao Port Balance Sheet Health
Financial Health criteria checks 5/6
Qinhuangdao Port has a total shareholder equity of CN¥19.4B and total debt of CN¥6.1B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are CN¥28.0B and CN¥8.7B respectively. Qinhuangdao Port's EBIT is CN¥1.7B making its interest coverage ratio -8.3. It has cash and short-term investments of CN¥2.8B.
Key information
31.5%
Debt to equity ratio
CN¥6.11b
Debt
| Interest coverage ratio | -8.3x |
| Cash | CN¥2.84b |
| Equity | CN¥19.37b |
| Total liabilities | CN¥8.65b |
| Total assets | CN¥28.03b |
Recent financial health updates
Qinhuangdao Port (HKG:3369) Could Easily Take On More Debt
Oct 26
Is 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 28We Think Qinhuangdao Port (HKG:3369) Can Stay On Top Of Its Debt
Apr 26Recent updates
Qinhuangdao 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¥3.5B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 3369's short term assets (CN¥3.5B) do not cover its long term liabilities (CN¥5.5B).
Debt to Equity History and Analysis
Debt Level: 3369's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: 3369's debt to equity ratio has reduced from 49.6% to 31.5% over the past 5 years.
Debt Coverage: 3369's debt is well covered by operating cash flow (39.2%).
Interest Coverage: 3369 earns more interest than it pays, so coverage of interest payments is not a concern.