Hong Kong ChaoShang Group Balance Sheet Health
Financial Health criteria checks 6/6
Hong Kong ChaoShang Group has a total shareholder equity of HK$723.8M and total debt of HK$70.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are HK$767.6M and HK$43.8M respectively.
Key information
0.01%
Debt to equity ratio
HK$70.00k
Debt
| Interest coverage ratio | n/a |
| Cash | HK$142.00m |
| Equity | HK$723.79m |
| Total liabilities | HK$43.78m |
| Total assets | HK$767.56m |
Recent financial health updates
Recent updates
Hong Kong ChaoShang Group Limited's (HKG:2322) 32% Share Price Surge Not Quite Adding Up
Jun 18
Hong Kong ChaoShang Group Limited (HKG:2322) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Jan 08Hong 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$563.4M) exceed its short term liabilities (HK$42.5M).
Long Term Liabilities: 2322's short term assets (HK$563.4M) exceed its long term liabilities (HK$1.3M).
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 0.6% to 0.01% 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 8.8% each year