China Hongbao Holdings Balance Sheet Health
Financial Health criteria checks 0/6
China Hongbao Holdings has a total shareholder equity of HK$-30.8M and total debt of HK$31.4M, which brings its debt-to-equity ratio to -101.9%. Its total assets and total liabilities are HK$21.6M and HK$52.4M respectively.
Key information
-101.9%
Debt to equity ratio
HK$31.35m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$3.46m |
| Equity | -HK$30.76m |
| Total liabilities | HK$52.38m |
| Total assets | HK$21.62m |
Recent financial health updates
No updates
Recent updates
China Hongbao Holdings Limited's (HKG:8316) 42% Cheaper Price Remains In Tune With Revenues
Nov 25
China Hongbao Holdings Limited's (HKG:8316) Shares Climb 33% But Its Business Is Yet to Catch Up
Oct 02China Hongbao Holdings Limited's (HKG:8316) Business Is Trailing The Industry But Its Shares Aren't
Apr 12More Unpleasant Surprises Could Be In Store For China Hongbao Holdings Limited's (HKG:8316) Shares After Tumbling 60%
Dec 21China Hongbao Holdings Limited's (HKG:8316) Shares Climb 57% But Its Business Is Yet to Catch Up
Sep 27Revenues Not Telling The Story For China Hongbao Holdings Limited (HKG:8316) After Shares Rise 57%
Sep 27If You Had Bought Pak Wing Group (Holdings) (HKG:8316) Stock A Year Ago, You Could Pocket A 741% Gain Today
Dec 01
Financial Position Analysis
Short Term Liabilities: 8316 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 8316 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8316 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 8316's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: 8316 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8316 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.5% each year