Glory Sun Land Group Balance Sheet Health
Financial Health criteria checks 4/6
Glory Sun Land Group has a total shareholder equity of HK$652.3M and total debt of HK$3.8B, which brings its debt-to-equity ratio to 588.5%. Its total assets and total liabilities are HK$8.9B and HK$8.3B respectively.
Key information
588.5%
Debt to equity ratio
HK$3.84b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$1.43b |
| Equity | HK$652.34m |
| Total liabilities | HK$8.29b |
| Total assets | HK$8.95b |
Recent financial health updates
Glory Sun Land Group (HKG:299) Has Debt But No Earnings; Should You Worry?
Oct 03
Glory Sun Land Group (HKG:299) Has Debt But No Earnings; Should You Worry?
May 25Is Glory Sun Land Group (HKG:299) Using Too Much Debt?
Dec 13Glory Sun Land Group (HKG:299) Has Debt But No Earnings; Should You Worry?
Dec 29Is Glory Sun Land Group (HKG:299) Using Debt In A Risky Way?
Sep 06Health Check: How Prudently Does Glory Sun Land Group (HKG:299) Use Debt?
Dec 09Recent updates
Glory Sun Land Group (HKG:299) Has Debt But No Earnings; Should You Worry?
Oct 03We Think Glory Sun Land Group Limited's (HKG:299) CEO Compensation Package Needs To Be Put Under A Microscope
May 30Glory Sun Land Group (HKG:299) Has Debt But No Earnings; Should You Worry?
May 25Is Glory Sun Land Group (HKG:299) Using Too Much Debt?
Dec 13Glory Sun Land Group (HKG:299) Has Debt But No Earnings; Should You Worry?
Dec 29Is Glory Sun Land Group (HKG:299) Using Debt In A Risky Way?
Sep 06Health Check: How Prudently Does Glory Sun Land Group (HKG:299) Use Debt?
Dec 09Is Glory Sun Land Group (HKG:299) A Risky Investment?
Mar 31What Kind Of Investors Own Most Of Glory Sun Land Group Limited (HKG:299)?
Jan 09
Are Glory Sun Land Group's (HKG:299) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 17Financial Position Analysis
Short Term Liabilities: 299's short term assets (HK$8.0B) exceed its short term liabilities (HK$7.6B).
Long Term Liabilities: 299's short term assets (HK$8.0B) exceed its long term liabilities (HK$653.3M).
Debt to Equity History and Analysis
Debt Level: 299's net debt to equity ratio (369.3%) is considered high.
Reducing Debt: 299's debt to equity ratio has increased from 147.6% to 588.5% 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: Whilst unprofitable 299 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 299 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 19:51 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Glory Sun Land Group Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| SU ZHAO | China International Capital Corporation Limited |
| Wai Kei Ho | Daiwa Securities Co. Ltd. |