Space Group Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Space Group Holdings has a total shareholder equity of MOP575.4M and total debt of MOP338.6M, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are MOP1.1B and MOP553.1M respectively.

Key information

58.9%

Debt to equity ratio

MO$338.63m

Debt

Interest coverage ratio	n/a
Cash	MO$21.72m
Equity	MO$575.35m
Total liabilities	MO$553.07m
Total assets	MO$1.13b

Recent financial health updates

Recent updates

Unpleasant Surprises Could Be In Store For Space Group Holdings Limited's (HKG:2448) Shares

Dec 20

Space Group Holdings (HKG:2448) Has A Somewhat Strained Balance Sheet

May 15

Space Group Holdings (HKG:2448) Seems To Use Debt Quite Sensibly

Jun 24

Is Space Group Holdings (HKG:2448) A Risky Investment?

Mar 29

Space Group Holdings Limited's (HKG:2448) Stock Is Going Strong: Have Financials A Role To Play?

Feb 28

Investors Who Bought Space Group Holdings (HKG:2448) Shares A Year Ago Are Now Up 46%

Jan 24

We Think Space Group Holdings (HKG:2448) Is Taking Some Risk With Its Debt

Dec 17

Space Group Holdings Limited's (HKG:2448) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Nov 21

Financial Position Analysis

Short Term Liabilities: 2448's short term assets (MOP1.0B) exceed its short term liabilities (MOP546.8M).

Long Term Liabilities: 2448's short term assets (MOP1.0B) exceed its long term liabilities (MOP6.3M).

Debt to Equity History and Analysis

Debt Level: 2448's net debt to equity ratio (55.1%) is considered high.

Reducing Debt: 2448's debt to equity ratio has increased from 45.2% to 58.9% over the past 5 years.

Debt Coverage: 2448's debt is not well covered by operating cash flow (13.7%).

Interest Coverage: Insufficient data to determine if 2448's interest payments on its debt are well covered by EBIT.

Space Group Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Space Group Holdings (HKG:2448) Has A Somewhat Strained Balance Sheet

Space Group Holdings (HKG:2448) Seems To Use Debt Quite Sensibly

Is Space Group Holdings (HKG:2448) A Risky Investment?

We Think Space Group Holdings (HKG:2448) Is Taking Some Risk With Its Debt

Recent updates

Space Group Holdings Limited, Annual General Meeting, Jun 21, 2024

Full year 2023 earnings released: MO$0.13 loss per share (vs MO$0.027 profit in FY 2022)

Space Group Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Unpleasant Surprises Could Be In Store For Space Group Holdings Limited's (HKG:2448) Shares

Space Group Holdings Limited Announces Board Changes

First half 2023 earnings released: EPS: MO$0.017 (vs MO$0.036 in 1H 2022)

Space Group Holdings Limited to Report Second Half, 2023 Results on Aug 30, 2023

Space Group Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 39.07488 million.

Now 49% undervalued after recent price drop

New minor risk - Shareholder dilution

Space Group Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 32.24 million.

Space Group Holdings (HKG:2448) Has A Somewhat Strained Balance Sheet

Full year 2022 earnings released: EPS: MO$0.03 (vs MO$0.065 in FY 2021)

Less than half of directors are independent

First half 2022 earnings released: EPS: MO$0.04 (vs MO$0.049 in 1H 2021)

Space Group Holdings Limited to Report Q2, 2022 Results on Aug 30, 2022

Space Group Holdings Limited Announces Management Changes

Space Group Holdings (HKG:2448) Seems To Use Debt Quite Sensibly

Executive Director recently bought HK$712k worth of stock

Executive Director recently bought HK$5.2m worth of stock

Less than half of directors are independent

Space Group Holdings Limited Announces Board Appointments, Effective May 16, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Space Group Holdings Limited to Report Fiscal Year 2021 Final Results on Mar 11, 2022

Investor sentiment improved over the past week

First half 2021 earnings released: EPS MO$0.049 (vs MO$0.033 in 1H 2020)

Executive Chairman recently bought HK$6.5m worth of stock

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Is Space Group Holdings (HKG:2448) A Risky Investment?

Full year 2020 earnings released: EPS MO$0.05 (vs MO$0.082 in FY 2019)

Space Group Holdings Limited, Annual General Meeting, Jun 23, 2021

Space Group Holdings Limited to Report Fiscal Year 2020 Final Results on Mar 19, 2021

Space Group Holdings Limited's (HKG:2448) Stock Is Going Strong: Have Financials A Role To Play?

Investor sentiment improved over the past week

New 90-day high: HK$2.08

Investor sentiment improved over the past week

New 90-day high: HK$1.98

Investors Who Bought Space Group Holdings (HKG:2448) Shares A Year Ago Are Now Up 46%

We Think Space Group Holdings (HKG:2448) Is Taking Some Risk With Its Debt

Space Group Holdings Limited's (HKG:2448) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Market bids up stock over the past week

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day low: HK$0.82

New 90-day low - HK$1.10

Space Group Holdings Limited (SEHK:2448) completed the acquisition of 15% stake in 60 Plus Smart Technology Co., Ltd. for CNY 10.1 million.

First half earnings released

Space Group Holdings Limited to Report First Half, 2020 Results on Aug 27, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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