Golden Faith Group Holdings Limited

SEHK:2863 Stock Report

Market Cap: HK$206.7m

Golden Faith Group Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Golden Faith Group Holdings has a total shareholder equity of HK$287.9M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$368.2M and HK$80.3M respectively.

Key information

0%

Debt to equity ratio

HK$0

Debt

Interest coverage ration/a
CashHK$179.01m
EquityHK$287.93m
Total liabilitiesHK$80.27m
Total assetsHK$368.19m

Recent financial health updates

No updates

Recent updates

Golden Faith Group Holdings Limited (HKG:2863) Soars 31% But It's A Story Of Risk Vs Reward

Jan 26
Golden Faith Group Holdings Limited (HKG:2863) Soars 31% But It's A Story Of Risk Vs Reward

Returns On Capital At Golden Faith Group Holdings (HKG:2863) Paint A Concerning Picture

Sep 05
Returns On Capital At Golden Faith Group Holdings (HKG:2863) Paint A Concerning Picture

Golden Faith Group Holdings (HKG:2863) Might Be Having Difficulty Using Its Capital Effectively

Mar 16
Golden Faith Group Holdings (HKG:2863) Might Be Having Difficulty Using Its Capital Effectively

Golden Faith Group Holdings (HKG:2863) Is Reinvesting At Lower Rates Of Return

Nov 22
Golden Faith Group Holdings (HKG:2863) Is Reinvesting At Lower Rates Of Return

Returns On Capital Signal Tricky Times Ahead For Golden Faith Group Holdings (HKG:2863)

Aug 08
Returns On Capital Signal Tricky Times Ahead For Golden Faith Group Holdings (HKG:2863)

There Are Reasons To Feel Uneasy About Golden Faith Group Holdings' (HKG:2863) Returns On Capital

Feb 28
There Are Reasons To Feel Uneasy About Golden Faith Group Holdings' (HKG:2863) Returns On Capital

Capital Allocation Trends At Golden Faith Group Holdings (HKG:2863) Aren't Ideal

May 19
Capital Allocation Trends At Golden Faith Group Holdings (HKG:2863) Aren't Ideal

Need To Know: Golden Faith Group Holdings Limited (HKG:2863) Insiders Have Been Buying Shares

Mar 04
Need To Know: Golden Faith Group Holdings Limited (HKG:2863) Insiders Have Been Buying Shares

Should You Use Golden Faith Group Holdings's (HKG:2863) Statutory Earnings To Analyse It?

Jan 28
Should You Use Golden Faith Group Holdings's (HKG:2863) Statutory Earnings To Analyse It?

Golden Faith Group Holdings Limited's (HKG:2863) 26% Dip In Price Shows Sentiment Is Matching Earnings

Dec 26
Golden Faith Group Holdings Limited's (HKG:2863) 26% Dip In Price Shows Sentiment Is Matching Earnings

Should You Take Comfort From Insider Transactions At Golden Faith Group Holdings Limited (HKG:2863)?

Nov 25
Should You Take Comfort From Insider Transactions At Golden Faith Group Holdings Limited (HKG:2863)?

Financial Position Analysis

Short Term Liabilities: 2863's short term assets (HK$361.9M) exceed its short term liabilities (HK$78.8M).

Long Term Liabilities: 2863's short term assets (HK$361.9M) exceed its long term liabilities (HK$1.5M).


Debt to Equity History and Analysis

Debt Level: 2863 is debt free.

Reducing Debt: 2863 had no debt 5 years ago.

Debt Coverage: 2863 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2863 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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