Anchorstone Holdings Balance Sheet Health

Financial Health criteria checks 4/6

Anchorstone Holdings has a total shareholder equity of HK$26.6M and total debt of HK$54.4M, which brings its debt-to-equity ratio to 204.6%. Its total assets and total liabilities are HK$191.1M and HK$164.5M respectively.

Key information

204.6%

Debt to equity ratio

HK$54.37m

Debt

Interest coverage ratio	n/a
Cash	HK$517.00k
Equity	HK$26.57m
Total liabilities	HK$164.49m
Total assets	HK$191.06m

Recent financial health updates

Recent updates

Is Anchorstone Holdings (HKG:1592) A Risky Investment?

Nov 28

Is Anchorstone Holdings (HKG:1592) A Risky Investment?

May 27

We Think Anchorstone Holdings (HKG:1592) Has A Fair Chunk Of Debt

Sep 21

Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt

Sep 11

Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt

Sep 07

Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt

Apr 28

Introducing Anchorstone Holdings (HKG:1592), A Stock That Climbed 19% In The Last Year

Feb 17

The Head of Business Development Department & Executive Director of Anchorstone Holdings Limited (HKG:1592), Wing Lui, Just Bought A Few More Shares

Dec 25

Financial Position Analysis

Short Term Liabilities: 1592's short term assets (HK$190.8M) exceed its short term liabilities (HK$143.6M).

Long Term Liabilities: 1592's short term assets (HK$190.8M) exceed its long term liabilities (HK$20.8M).

Debt to Equity History and Analysis

Debt Level: 1592's net debt to equity ratio (202.7%) is considered high.

Reducing Debt: 1592's debt to equity ratio has increased from 93% to 204.6% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 1592 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1592 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.9% per year.

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/02 11:19
End of Day Share Price	2025/01/28 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Anchorstone 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

Anchorstone Holdings Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Is Anchorstone Holdings (HKG:1592) A Risky Investment?

Is Anchorstone Holdings (HKG:1592) A Risky Investment?

We Think Anchorstone Holdings (HKG:1592) Has A Fair Chunk Of Debt

Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt

Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt

Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt

Recent updates

Anchorstone Holdings Limited Announces Directorate and Committee Changes

New major risk - Share price stability

Is Anchorstone Holdings (HKG:1592) A Risky Investment?

High number of new directors

Anchorstone Holdings Limited Announces Appointment of Ching Wan Wah Kitty as Independent Non-Executive Director

New major risk - Shareholder dilution

First half 2024 earnings released: HK$0.004 loss per share (vs HK$0.002 loss in 1H 2023)

Anchorstone Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024

Is Anchorstone Holdings (HKG:1592) A Risky Investment?

Anchorstone Holdings Limited Announces Board Changes

Now 22% overvalued

Full year 2023 earnings released: HK$0.02 loss per share (vs HK$0.034 loss in FY 2022)

Anchorstone Holdings Limited, Annual General Meeting, Jun 28, 2024

Anchorstone Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

New major risk - Shareholder dilution

Insider recently bought HK$98k worth of stock

Insider recently bought HK$85k worth of stock

New minor risk - Insider selling

Insider recently bought HK$58k worth of stock

Anchorstone Holdings Limited Announces Executive Appointments

We Think Anchorstone Holdings (HKG:1592) Has A Fair Chunk Of Debt

Insider recently bought HK$335k worth of stock

First half 2023 earnings released: HK$0.002 loss per share (vs HK$0.001 loss in 1H 2022)

Now 29% undervalued after recent price drop

New minor risk - Insider selling

Chairman & CEO recently sold HK$1.0m worth of stock

Anchorstone Holdings Limited to Report First Half, 2023 Results on Aug 31, 2023

Insider recently bought HK$172k worth of stock

New major risk - Market cap size

Chairman & CEO recently bought HK$239k worth of stock

Anchorstone Holdings Limited Announces Resignation of Ng Yau Wah Daniel as Independent Non-Executive Director

Chairman & CEO recently bought HK$394k worth of stock

Full year 2022 earnings released: HK$0.034 loss per share (vs HK$0.038 loss in FY 2021)

Anchorstone Holdings Limited (SEHK:1592) agreed to acquire PMG (China) Limited for HKD100 million.

Less than half of directors are independent

Anchorstone Holdings Limited Announces Board Changes

Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt

First half 2022 earnings released: EPS: HK$0 (vs HK$0.002 loss in 1H 2021)

Anchorstone Holdings Limited to Report First Half, 2022 Results on Aug 26, 2022

Anchorstone Holdings Limited Rejects Re-Elections of Directors

Anchorstone Holdings Limited announced that it expects to receive HKD 200 million in funding

Less than half of directors are independent

Chairman & CEO recently sold HK$61k worth of stock

Full year 2021 earnings released: HK$0.038 loss per share (vs HK$0.028 loss in FY 2020)

Anchorstone Holdings Limited, Annual General Meeting, Jun 28, 2022

Anchorstone Holdings Limited to Report Fiscal Year 2021 Results on Mar 31, 2022

Chairman & CEO recently sold HK$673k worth of stock

Chairman & CEO recently sold HK$2.1m worth of stock

Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt

First half 2021 earnings released: HK$0.002 loss per share (vs HK$0.004 loss in 1H 2020)

Here's Why Anchorstone Holdings (HKG:1592) Can Afford Some Debt

Chairman & CEO recently sold HK$4.6m worth of stock

Full year 2020 earnings released: HK$0.028 loss per share (vs HK$0.002 profit in FY 2019)

Anchorstone Holdings Limited to Report Fiscal Year 2020 Results on Mar 31, 2021

Board Member exercised options to buy HK$7.1m worth of stock.

Introducing Anchorstone Holdings (HKG:1592), A Stock That Climbed 19% In The Last Year

New 90-day high: HK$0.41

Key Executive recently sold HK$1.0m worth of stock

New 90-day high: HK$0.33

New 90-day high: HK$0.23

Board Member recently bought HK$2.9m worth of stock

The Head of Business Development Department & Executive Director of Anchorstone Holdings Limited (HKG:1592), Wing Lui, Just Bought A Few More Shares

Board Member recently bought HK$2.9m worth of stock

New 90-day low: HK$0.21

Key Executive recently sold HK$334k worth of stock

New 90-day low: HK$0.21

New 90-day low: HK$0.27

First half earnings released

First half earnings released