Shing Chi Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Shing Chi Holdings has a total shareholder equity of HK$26.4M and total debt of HK$21.5M, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are HK$153.4M and HK$127.0M respectively.
Key information
81.7%
Debt to equity ratio
HK$21.53m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$29.69m |
| Equity | HK$26.35m |
| Total liabilities | HK$127.04m |
| Total assets | HK$153.40m |
Recent financial health updates
Health Check: How Prudently Does Ri Ying Holdings (HKG:1741) Use Debt?
Feb 23
Companies Like Ri Ying Holdings (HKG:1741) Are In A Position To Invest In Growth
Nov 02Here's Why We're Not Too Worried About Ri Ying Holdings' (HKG:1741) Cash Burn Situation
May 12Recent updates
Shing Chi Holdings Limited (HKG:1741) Shares May Have Slumped 32% But Getting In Cheap Is Still Unlikely
Dec 20What Shing Chi Holdings Limited's (HKG:1741) 29% Share Price Gain Is Not Telling You
Oct 03Ri Ying Holdings Limited's (HKG:1741) Popularity With Investors Under Threat As Stock Sinks 29%
Aug 16Ri Ying Holdings Limited's (HKG:1741) 45% Share Price Plunge Could Signal Some Risk
Jun 19More Unpleasant Surprises Could Be In Store For Ri Ying Holdings Limited's (HKG:1741) Shares After Tumbling 27%
Apr 29Health Check: How Prudently Does Ri Ying Holdings (HKG:1741) Use Debt?
Feb 23Risks To Shareholder Returns Are Elevated At These Prices For Ri Ying Holdings Limited (HKG:1741)
Dec 23Why Investors Shouldn't Be Surprised By Ri Ying Holdings Limited's (HKG:1741) 29% Share Price Plunge
Aug 02Companies Like Ri Ying Holdings (HKG:1741) Are In A Position To Invest In Growth
Nov 02Here's Why We're Not Too Worried About Ri Ying Holdings' (HKG:1741) Cash Burn Situation
May 12Here's Why We Don't Think Ri Ying Holdings's (HKG:1741) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 01
Are Ri Ying Holdings Limited's (HKG:1741) Mixed Financials Driving The Negative Sentiment?
Dec 10Financial Position Analysis
Short Term Liabilities: 1741's short term assets (HK$130.4M) exceed its short term liabilities (HK$121.7M).
Long Term Liabilities: 1741's short term assets (HK$130.4M) exceed its long term liabilities (HK$5.3M).
Debt to Equity History and Analysis
Debt Level: 1741 has more cash than its total debt.
Reducing Debt: 1741's debt to equity ratio has increased from 0% to 81.7% 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 1741 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1741 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.5% per year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 18:44 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/09/30 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Shing Chi 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 |
|---|