Greenland Hong Kong Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Greenland Hong Kong Holdings has a total shareholder equity of CN¥18.9B and total debt of CN¥14.4B, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are CN¥124.0B and CN¥105.2B respectively. Greenland Hong Kong Holdings's EBIT is CN¥599.8M making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥977.2M.
Key information
76.1%
Debt to equity ratio
CN¥14.35b
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥977.23m |
| Equity | CN¥18.87b |
| Total liabilities | CN¥105.16b |
| Total assets | CN¥124.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QFRA's short term assets (CN¥104.8B) exceed its short term liabilities (CN¥99.9B).
Long Term Liabilities: QFRA's short term assets (CN¥104.8B) exceed its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: QFRA's net debt to equity ratio (70.9%) is considered high.
Reducing Debt: QFRA's debt to equity ratio has reduced from 123.8% to 76.1% over the past 5 years.
Debt Coverage: QFRA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: QFRA's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 18:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| 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
Greenland Hong Kong Holdings Limited is covered by 12 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 |
|---|---|
| Alfred Lau | BOCI Research Ltd. |
| Qing Miao | CCB International Securities Limited |
| Danielle Wang | DBS Vickers Research |