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
What 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.