Radiance Holdings (Group) Balance Sheet Health
Financial Health criteria checks 4/6
Radiance Holdings (Group) has a total shareholder equity of CN¥33.5B and total debt of CN¥31.4B, which brings its debt-to-equity ratio to 93.7%. Its total assets and total liabilities are CN¥110.4B and CN¥76.9B respectively.
Key information
93.7%
Debt to equity ratio
CN¥31.40b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.18b |
| Equity | CN¥33.52b |
| Total liabilities | CN¥76.91b |
| Total assets | CN¥110.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RDH's short term assets (CN¥79.6B) exceed its short term liabilities (CN¥55.4B).
Long Term Liabilities: RDH's short term assets (CN¥79.6B) exceed its long term liabilities (CN¥21.5B).
Debt to Equity History and Analysis
Debt Level: RDH's net debt to equity ratio (81.2%) is considered high.
Reducing Debt: RDH's debt to equity ratio has reduced from 257.1% to 93.7% over the past 5 years.
Debt Coverage: RDH's debt is well covered by operating cash flow (20.6%).
Interest Coverage: Insufficient data to determine if RDH's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 05:52 |
| 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
Radiance Holdings (Group) Company Limited is covered by 1 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 |
|---|---|
| null null | CMB International Securities Limited |