Hong Kong ChaoShang Group Balance Sheet Health
Financial Health criteria checks 6/6
Hong Kong ChaoShang Group has a total shareholder equity of HK$798.6M and total debt of HK$1.6M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are HK$893.4M and HK$94.8M respectively.
Key information
0.2%
Debt to equity ratio
HK$1.59m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$167.47m |
| Equity | HK$798.55m |
| Total liabilities | HK$94.81m |
| Total assets | HK$893.36m |
Recent financial health updates
Recent updates
Hong Kong ChaoShang Group Limited (HKG:2322) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Jan 08
Hong Kong ChaoShang Group Limited's (HKG:2322) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 21Is Hong Kong ChaoShang Group (HKG:2322) In A Good Position To Deliver On Growth Plans?
Apr 20This Is The Reason Why We Think Hong Kong ChaoShang Group Limited's (HKG:2322) CEO Deserves A Bump Up To Their Compensation
Aug 24Calculating The Fair Value Of Hong Kong ChaoShang Group Limited (HKG:2322)
May 20How Is Hong Kong ChaoShang Group's (HKG:2322) CEO Paid Relative To Peers?
Feb 04
A Look At The Fair Value Of Hong Kong ChaoShang Group Limited (HKG:2322)
Dec 31Can You Imagine How Hong Kong ChaoShang Group's (HKG:2322) Shareholders Feel About The 78% Share Price Increase?
Nov 26Financial Position Analysis
Short Term Liabilities: 2322's short term assets (HK$662.3M) exceed its short term liabilities (HK$86.1M).
Long Term Liabilities: 2322's short term assets (HK$662.3M) exceed its long term liabilities (HK$8.7M).
Debt to Equity History and Analysis
Debt Level: 2322 has more cash than its total debt.
Reducing Debt: 2322's debt to equity ratio has reduced from 2.2% to 0.2% 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: 2322 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2322 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 7.4% each year