Fullwealth International Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Fullwealth International Group Holdings has a total shareholder equity of HK$212.4M and total debt of HK$1.1M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are HK$259.4M and HK$46.9M respectively. Fullwealth International Group Holdings's EBIT is HK$16.7M making its interest coverage ratio -20.4. It has cash and short-term investments of HK$164.9M.
Key information
0.5%
Debt to equity ratio
HK$1.11m
Debt
| Interest coverage ratio | -20.4x |
| Cash | HK$164.92m |
| Equity | HK$212.44m |
| Total liabilities | HK$46.95m |
| Total assets | HK$259.39m |
Recent financial health updates
No updates
Recent updates
Here's What's Concerning About Fullwealth International Group Holdings' (HKG:1034) Returns On Capital
Mar 07
Fullwealth International Group Holdings (HKG:1034) Might Be Having Difficulty Using Its Capital Effectively
Oct 19A Look At The Intrinsic Value Of Fullwealth International Group Holdings Limited (HKG:1034)
May 17Weak Statutory Earnings May Not Tell The Whole Story For Fullwealth International Group Holdings (HKG:1034)
Apr 26Financial Position Analysis
Short Term Liabilities: 1034's short term assets (HK$228.1M) exceed its short term liabilities (HK$46.4M).
Long Term Liabilities: 1034's short term assets (HK$228.1M) exceed its long term liabilities (HK$571.0K).
Debt to Equity History and Analysis
Debt Level: 1034 has more cash than its total debt.
Reducing Debt: 1034's debt to equity ratio has reduced from 7.3% to 0.5% over the past 5 years.
Debt Coverage: 1034's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1034 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 | 2024/06/08 00:19 |
| End of Day Share Price | 2024/03/11 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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
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Analyst Sources
Fullwealth International Group Holdings Limited is covered by 0 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 |
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