New Concepts Holdings Limited

SEHK:2221 Stock Report

Market Cap: HK$122.1m

New Concepts Holdings Balance Sheet Health

Financial Health criteria checks 3/6

New Concepts Holdings has a total shareholder equity of HK$466.5M and total debt of HK$360.1M, which brings its debt-to-equity ratio to 77.2%. Its total assets and total liabilities are HK$1.1B and HK$637.6M respectively.

Key information

77.2%

Debt to equity ratio

HK$360.14m

Debt

Interest coverage ration/a
CashHK$37.32m
EquityHK$466.48m
Total liabilitiesHK$637.59m
Total assetsHK$1.10b

Recent financial health updates

Recent updates

Is New Concepts Holdings (HKG:2221) Using Too Much Debt?

Sep 26
Is New Concepts Holdings (HKG:2221) Using Too Much Debt?

New Concepts Holdings Limited's (HKG:2221) Popularity With Investors Under Threat As Stock Sinks 35%

Jul 04
New Concepts Holdings Limited's (HKG:2221) Popularity With Investors Under Threat As Stock Sinks 35%

New Concepts Holdings Limited's (HKG:2221) Popularity With Investors Under Threat As Stock Sinks 26%

Apr 24
New Concepts Holdings Limited's (HKG:2221) Popularity With Investors Under Threat As Stock Sinks 26%

New Concepts Holdings Limited's (HKG:2221) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Mar 05
New Concepts Holdings Limited's (HKG:2221) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

More Unpleasant Surprises Could Be In Store For New Concepts Holdings Limited's (HKG:2221) Shares After Tumbling 37%

Jan 19
More Unpleasant Surprises Could Be In Store For New Concepts Holdings Limited's (HKG:2221) Shares After Tumbling 37%

A Look At The Fair Value Of New Concepts Holdings Limited (HKG:2221)

Jul 11
A Look At The Fair Value Of New Concepts Holdings Limited (HKG:2221)

New Concepts Holdings Limited's (HKG:2221) 25% Price Boost Is Out Of Tune With Revenues

Apr 17
New Concepts Holdings Limited's (HKG:2221) 25% Price Boost Is Out Of Tune With Revenues

Estimating The Fair Value Of New Concepts Holdings Limited (HKG:2221)

Feb 04
Estimating The Fair Value Of New Concepts Holdings Limited (HKG:2221)

Estimating The Fair Value Of New Concepts Holdings Limited (HKG:2221)

Nov 02
Estimating The Fair Value Of New Concepts Holdings Limited (HKG:2221)

Here's Why New Concepts Holdings (HKG:2221) Can Afford Some Debt

Mar 15
Here's Why New Concepts Holdings (HKG:2221) Can Afford Some Debt

Does New Concepts Holdings (HKG:2221) Have A Healthy Balance Sheet?

Dec 09
Does New Concepts Holdings (HKG:2221) Have A Healthy Balance Sheet?

Estimating The Intrinsic Value Of New Concepts Holdings Limited (HKG:2221)

Apr 20
Estimating The Intrinsic Value Of New Concepts Holdings Limited (HKG:2221)

Is New Concepts Holdings (HKG:2221) Using Debt In A Risky Way?

Jan 05
Is New Concepts Holdings (HKG:2221) Using Debt In A Risky Way?

Financial Position Analysis

Short Term Liabilities: 2221's short term assets (HK$351.4M) exceed its short term liabilities (HK$337.4M).

Long Term Liabilities: 2221's short term assets (HK$351.4M) exceed its long term liabilities (HK$300.2M).


Debt to Equity History and Analysis

Debt Level: 2221's net debt to equity ratio (69.2%) is considered high.

Reducing Debt: 2221's debt to equity ratio has reduced from 167.2% to 77.2% over the past 5 years.

Debt Coverage: 2221's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 2221's interest payments on its debt are well covered by EBIT.


Balance Sheet


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