Chong Kin Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Chong Kin Group Holdings has a total shareholder equity of HK$583.3M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$703.2M and HK$119.9M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$202.43m |
| Equity | HK$583.30m |
| Total liabilities | HK$119.92m |
| Total assets | HK$703.23m |
Recent financial health updates
Recent updates
Do Institutions Own Chong Kin Group Holdings Limited (HKG:1609) Shares?
Mar 10
Independent Non-Executive Director Yifei Li Just Sold A Bunch Of Shares In Chong Kin Group Holdings Limited (HKG:1609)
Feb 03Should Chong Kin Group Holdings (HKG:1609) Be Disappointed With Their 65% Profit?
Jan 17Trade Alert: The Independent Non-Executive Director Of Chong Kin Group Holdings Limited (HKG:1609), Yifei Li, Has Just Spent HK$825k Buying A Few More Shares
Dec 22Is Chong Kin Group Holdings (HKG:1609) A Risky Investment?
Dec 17
Financial Position Analysis
Short Term Liabilities: 1609's short term assets (HK$693.6M) exceed its short term liabilities (HK$116.0M).
Long Term Liabilities: 1609's short term assets (HK$693.6M) exceed its long term liabilities (HK$3.9M).
Debt to Equity History and Analysis
Debt Level: 1609 is debt free.
Reducing Debt: 1609 has no debt compared to 5 years ago when its debt to equity ratio was 5.4%.
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: 1609 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1609 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.7% each year