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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/17 15:08 |
| End of Day Share Price | 2022/05/20 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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 |
| |
| 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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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
Chong Kin Group Holdings Limited is covered by 0 analysts. 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 |
|---|