Qijing Machinery Financials
| 603677 Stock | 12.65 0.90 6.64% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 117.2 M | 103.5 M |
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Qijing | Select Account or Indicator |
Understanding current and past Qijing Machinery Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Qijing Machinery's financial statements are interrelated, with each one affecting the others. For example, an increase in Qijing Machinery's assets may result in an increase in income on the income statement.
Please note, the presentation of Qijing Machinery's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Qijing Machinery's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Qijing Machinery's management manipulating its earnings.
Qijing Machinery Stock Summary
Qijing Machinery competes with Ming Yang, Loctek Ergonomic, Xiamen East, Hi Trend, and Changchun Faway. Qijing Machinery is entity of China. It is traded as Stock on SHG exchange.Specialization | Information Technology, Technology Hardware & Equipment |
| Instrument | China Stock View All |
| Exchange | Shanghai Stock Exchange |
| ISIN | CNE100002Z16 |
| Business Address | No 1, Sanxing |
| Sector | Electronic Equipment, Instruments & Components |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.qijing-m.com |
| Phone | 86 574 6531 0999 |
You should never invest in Qijing Machinery without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Qijing Stock, because this is throwing your money away. Analyzing the key information contained in Qijing Machinery's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Qijing Machinery Key Financial Ratios
Qijing Machinery's financial ratios allow both analysts and investors to convert raw data from Qijing Machinery's financial statements into concise, actionable information that can be used to evaluate the performance of Qijing Machinery over time and compare it to other companies across industries.| Revenue | 1.77 B | ||||
| Gross Profit | 273.24 M | ||||
| EBITDA | 148.02 M | ||||
| Net Income | 69.15 M | ||||
| Total Asset | 2.14 B |
Qijing Machinery Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.8B | 1.8B | 2.1B | 2.0B | 2.1B | 1.6B | |
| Other Current Liab | 18.4M | 4.6M | 3.9M | 1.4M | 1.3M | 1.3M | |
| Other Liab | 11.8M | 15.6M | 23.8M | 29.6M | 34.1M | 35.8M | |
| Retained Earnings | 359.2M | 323.2M | 392.8M | 326.6M | 359.7M | 267.0M | |
| Accounts Payable | 361.9M | 417.3M | 483.3M | 434.0M | 487.8M | 385.7M | |
| Cash | 85.2M | 226.8M | 315.5M | 299.7M | 360.3M | 378.4M | |
| Other Assets | 22.7M | 18.3M | 20.0M | 22.1M | 19.9M | 16.8M | |
| Net Receivables | 531.3M | 396.9M | 448.4M | 427.1M | 504.7M | 439.1M | |
| Inventory | 372.1M | 330.5M | 446.1M | 407.3M | 393.7M | 327.3M | |
| Other Current Assets | 12.9M | 30.6M | 35.5M | 4.7M | 5.7M | 5.4M | |
| Total Liab | 701.0M | 770.3M | 949.1M | 893.0M | 987.5M | 789.4M | |
| Intangible Assets | 84.3M | 82.6M | 81.1M | 81.7M | 95.5M | 82.5M | |
| Common Stock | 196.2M | 193.6M | 192.1M | 192.1M | 221.0M | 117.0M | |
| Net Tangible Assets | 965.5M | 989.7M | 955.2M | 1.0B | 1.2B | 939.4M | |
| Short Long Term Debt | 15.0M | 16.0M | 99.7M | 68.0M | 95.1M | 76.2M | |
| Total Current Assets | 1.1B | 1.1B | 1.3B | 1.3B | 1.4B | 1.3B | |
| Net Invested Capital | 1.3B | 1.3B | 1.5B | 1.5B | 1.3B | 1.5B | |
| Net Working Capital | 678.3M | 662.5M | 712.9M | 752.1M | 493.2M | 681.1M | |
| Net Debt | 187.8M | 62.3M | 71.9M | 70.2M | 63.2M | 116.6M | |
| Long Term Debt | 258.1M | 273.1M | 287.8M | 301.9M | 347.2M | 300.1M | |
| Capital Stock | 193.6M | 192.1M | 192.1M | 192.1M | 192.1M | 154.4M |
Qijing Machinery Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 24.1M | 19.7M | 19.9M | 21.7M | 22.3M | 23.4M | |
| Total Revenue | 1.7B | 1.6B | 2.0B | 1.8B | 1.8B | 1.5B | |
| Operating Income | 116.5M | 99.1M | 123.2M | 81.3M | 103.5M | 117.2M | |
| Cost Of Revenue | 1.4B | 1.3B | 1.7B | 1.6B | 1.5B | 1.3B | |
| Income Before Tax | 90.4M | 61.5M | 96.2M | 66.1M | 73.7M | 90.7M | |
| Income Tax Expense | 19.7M | 14.0M | 5.3M | 7.3M | 6.6M | 6.3M | |
| Research Development | 48.7M | 49.6M | 68.8M | 67.4M | 60.9M | 50.4M | |
| Tax Provision | 14.0M | 5.3M | 7.3M | 2.1M | 4.5M | 4.3M | |
| Net Interest Income | (23.7M) | (18.3M) | (18.2M) | (18.0M) | (14.2M) | (14.9M) | |
| Interest Income | 668.4K | 1.6M | 2.1M | 4.0M | 8.5M | 8.9M | |
| Gross Profit | 250.6M | 236.3M | 284.1M | 234.8M | 262.0M | 276.6M | |
| Ebit | 97.4M | 97.1M | 87.2M | 107.9M | 97.1M | 90.8M | |
| Net Income | 76.3M | 56.2M | 88.9M | 64.0M | 69.2M | 62.1M | |
| Ebitda | 170.7M | 145.8M | 189.5M | 167.4M | 192.5M | 182.9M |
Qijing Machinery Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Qijing Machinery. It measures of how well Qijing is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Qijing Machinery brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Qijing had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Qijing Machinery has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Dividends Paid | 44.7M | 94.5M | 24.0M | 64.9M | 37.2M | 46.9M | |
| Capital Expenditures | 164.5M | 83.2M | 128.2M | 84.2M | 95.0M | 102.6M | |
| Change To Inventory | (22.7M) | 38.3M | (122.0M) | 32.9M | 5.8M | 6.1M | |
| Investments | 267.8M | (49.4M) | 136.3M | (209.2M) | (143.4M) | (136.3M) | |
| Change In Cash | (118.4M) | 58.5M | 146.6M | (105.5M) | 50.9M | 53.4M | |
| Net Borrowings | 534.8M | (275.8M) | 1.0M | 88.6M | 101.9M | 107.0M | |
| Depreciation | 56.3M | 64.6M | 73.0M | 79.7M | 83.1M | 64.7M | |
| Net Income | 76.3M | 56.2M | 88.9M | 64.0M | 69.2M | 62.1M | |
| End Period Cash Flow | 59.5M | 118.0M | 264.6M | 159.1M | 210.0M | 150.0M | |
| Change To Netincome | 8.3M | 21.9M | 35.0M | 25.5M | 29.3M | 18.6M | |
| Free Cash Flow | (50.6M) | 226.2M | (53.4M) | 90.9M | 109.2M | 114.6M | |
| Other Non Cash Items | 18.8M | 35.4M | 21.8M | (4.1M) | 21.9M | 16.3M |
Qijing Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Qijing Machinery's current stock value. Our valuation model uses many indicators to compare Qijing Machinery value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Qijing Machinery competition to find correlations between indicators driving Qijing Machinery's intrinsic value. More Info.Qijing Machinery is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Qijing Machinery is roughly 2.75 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Qijing Machinery by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Qijing Machinery's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Qijing Machinery Systematic Risk
Qijing Machinery's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Qijing Machinery volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Qijing Machinery correlated with the market. If Beta is less than 0 Qijing Machinery generally moves in the opposite direction as compared to the market. If Qijing Machinery Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Qijing Machinery is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Qijing Machinery is generally in the same direction as the market. If Beta > 1 Qijing Machinery moves generally in the same direction as, but more than the movement of the benchmark.
Qijing Machinery Total Assets Over Time
Qijing Machinery Thematic Clasifications
Qijing Machinery is part of Farming investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Farming products and equipment. Companies producing farming products and providing services for farmers
This theme covers Farming products and equipment. Companies producing farming products and providing services for farmers. Get More Thematic Ideas
| Farming | View |
Qijing Machinery November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Qijing Machinery help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Qijing Machinery. We use our internally-developed statistical techniques to arrive at the intrinsic value of Qijing Machinery based on widely used predictive technical indicators. In general, we focus on analyzing Qijing Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Qijing Machinery's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.95 | |||
| Information Ratio | 0.0844 | |||
| Maximum Drawdown | 15.0 | |||
| Value At Risk | (4.93) | |||
| Potential Upside | 4.42 |
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When running Qijing Machinery's price analysis, check to measure Qijing Machinery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Qijing Machinery is operating at the current time. Most of Qijing Machinery's value examination focuses on studying past and present price action to predict the probability of Qijing Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qijing Machinery's price. Additionally, you may evaluate how the addition of Qijing Machinery to your portfolios can decrease your overall portfolio volatility.
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