Grand Ming Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Grand Ming Group Holdings has a total shareholder equity of HK$3.1B and total debt of HK$6.0B, which brings its debt-to-equity ratio to 195.5%. Its total assets and total liabilities are HK$9.5B and HK$6.5B respectively. Grand Ming Group Holdings's EBIT is HK$83.1M making its interest coverage ratio 0.8. It has cash and short-term investments of HK$138.3M.
Key information
195.5%
Debt to equity ratio
HK$6.01b
Debt
| Interest coverage ratio | 0.8x |
| Cash | HK$138.26m |
| Equity | HK$3.08b |
| Total liabilities | HK$6.45b |
| Total assets | HK$9.53b |
Recent financial health updates
Recent updates
It's Unlikely That Grand Ming Group Holdings Limited's (HKG:1271) CEO Will See A Huge Pay Rise This Year
Aug 15
Grand Ming Group Holdings' (HKG:1271) Shareholders Have More To Worry About Than Only Soft Earnings
Jul 24Grand Ming Group Holdings' (HKG:1271) Dividend Is Being Reduced To HK$0.04
Nov 13Grand Ming Group Holdings (HKG:1271) Is Paying Out A Larger Dividend Than Last Year
Jul 06Grand Ming Group Holdings (HKG:1271) Is Paying Out A Larger Dividend Than Last Year
Jun 22With EPS Growth And More, Grand Ming Group Holdings (HKG:1271) Makes An Interesting Case
Mar 27A Look At The Intrinsic Value Of Grand Ming Group Holdings Limited (HKG:1271)
Dec 23Grand Ming Group Holdings' (HKG:1271) Dividend Will Be Increased To HK$0.06
Nov 16Does Grand Ming Group Holdings (HKG:1271) Have A Healthy Balance Sheet?
Sep 11Grand Ming Group Holdings' (HKG:1271) Dividend Will Be HK$0.04
Aug 07Grand Ming Group Holdings (HKG:1271) Has Announced A Dividend Of HK$0.04
Jul 14Grand Ming Group Holdings (HKG:1271) Has Announced A Dividend Of HK$0.04
Jun 27Shareholders Will Most Likely Find Grand Ming Group Holdings Limited's (HKG:1271) CEO Compensation Acceptable
Jul 22Is Grand Ming Group Holdings Limited's (HKG:1271) 2.5% ROE Worse Than Average?
Mar 10Did You Participate In Any Of Grand Ming Group Holdings' (HKG:1271) Fantastic 214% Return ?
Feb 12Do Insiders Own Lots Of Shares In Grand Ming Group Holdings Limited (HKG:1271)?
Jan 25Does Grand Ming Group Holdings's (HKG:1271) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 08How Does Grand Ming Group Holdings' (HKG:1271) CEO Pay Compare With Company Performance?
Dec 22
Is Grand Ming Group Holdings Limited's (HKG:1271) 2.5% ROE Worse Than Average?
Dec 04Financial Position Analysis
Short Term Liabilities: 1271's short term assets (HK$2.3B) exceed its short term liabilities (HK$1.6B).
Long Term Liabilities: 1271's short term assets (HK$2.3B) do not cover its long term liabilities (HK$4.8B).
Debt to Equity History and Analysis
Debt Level: 1271's net debt to equity ratio (191%) is considered high.
Reducing Debt: 1271's debt to equity ratio has increased from 146.2% to 195.5% over the past 5 years.
Debt Coverage: 1271's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: 1271's interest payments on its debt are not well covered by EBIT (0.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 03:03 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Grand Ming 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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