Qingdao Port International Balance Sheet Health
Financial Health criteria checks 6/6
Qingdao Port International has a total shareholder equity of CN¥46.5B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are CN¥61.7B and CN¥15.2B respectively. Qingdao Port International's EBIT is CN¥5.1B making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥12.0B.
Key information
6.5%
Debt to equity ratio
CN¥3.02b
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥11.99b |
| Equity | CN¥46.51b |
| Total liabilities | CN¥15.23b |
| Total assets | CN¥61.73b |
Recent financial health updates
Qingdao Port International (HKG:6198) Has A Pretty Healthy Balance Sheet
May 13
These 4 Measures Indicate That Qingdao Port International (HKG:6198) Is Using Debt Reasonably Well
Feb 11Recent updates
Qingdao Port International (HKG:6198) Is Doing The Right Things To Multiply Its Share Price
Dec 06If EPS Growth Is Important To You, Qingdao Port International (HKG:6198) Presents An Opportunity
Oct 25Returns Are Gaining Momentum At Qingdao Port International (HKG:6198)
Jun 27Qingdao Port International's (HKG:6198) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 10With EPS Growth And More, Qingdao Port International (HKG:6198) Makes An Interesting Case
May 31Qingdao Port International (HKG:6198) Has A Pretty Healthy Balance Sheet
May 13Is Qingdao Port International Co., Ltd. (HKG:6198) Trading At A 42% Discount?
Apr 15Qingdao Port International Co., Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Mar 31These 4 Measures Indicate That Qingdao Port International (HKG:6198) Is Using Debt Reasonably Well
Feb 11Returns On Capital Are Showing Encouraging Signs At Qingdao Port International (HKG:6198)
Jan 23Financial Position Analysis
Short Term Liabilities: 6198's short term assets (CN¥16.2B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 6198's short term assets (CN¥16.2B) exceed its long term liabilities (CN¥7.5B).
Debt to Equity History and Analysis
Debt Level: 6198 has more cash than its total debt.
Reducing Debt: 6198's debt to equity ratio has reduced from 9.1% to 6.5% over the past 5 years.
Debt Coverage: 6198's debt is well covered by operating cash flow (164.3%).
Interest Coverage: 6198 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 10:24 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Qingdao Port International Co., Ltd. is covered by 6 analysts. 2 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 |
|---|---|
| Xin Yang | China International Capital Corporation Limited |
| Ye Lin | CLSA |
| Erdong Chen | Industrial Securities Co. Ltd. |