EVA Precision Industrial Holdings Balance Sheet Health
Financial Health criteria checks 5/6
EVA Precision Industrial Holdings has a total shareholder equity of HK$3.1B and total debt of HK$2.4B, which brings its debt-to-equity ratio to 77.4%. Its total assets and total liabilities are HK$7.4B and HK$4.2B respectively. EVA Precision Industrial Holdings's EBIT is HK$399.0M making its interest coverage ratio 4.5. It has cash and short-term investments of HK$1.7B.
Key information
77.4%
Debt to equity ratio
HK$2.42b
Debt
| Interest coverage ratio | 4.5x |
| Cash | HK$1.71b |
| Equity | HK$3.13b |
| Total liabilities | HK$4.25b |
| Total assets | HK$7.37b |
Recent financial health updates
We Think EVA Precision Industrial Holdings (HKG:838) Can Stay On Top Of Its Debt
Dec 06
Does EVA Precision Industrial Holdings (HKG:838) Have A Healthy Balance Sheet?
May 11Here's Why EVA Precision Industrial Holdings (HKG:838) Can Manage Its Debt Responsibly
Oct 26These 4 Measures Indicate That EVA Precision Industrial Holdings (HKG:838) Is Using Debt Extensively
Jun 30Recent updates
EVA Precision Industrial Holdings (HKG:838) Ticks All The Boxes When It Comes To Earnings Growth
Sep 30Here's Why We Think EVA Precision Industrial Holdings Limited's (HKG:838) CEO Compensation Looks Fair for the time being
May 13EVA Precision Industrial Holdings (HKG:838) Is Due To Pay A Dividend Of HK$0.0199
Mar 31EVA Precision Industrial Holdings (HKG:838) Ticks All The Boxes When It Comes To Earnings Growth
Mar 15Estimating The Intrinsic Value Of EVA Precision Industrial Holdings Limited (HKG:838)
Oct 25EVA Precision Industrial Holdings (HKG:838) Is Increasing Its Dividend To HK$0.021
Aug 31Returns On Capital At EVA Precision Industrial Holdings (HKG:838) Have Hit The Brakes
Jun 15EVA Precision Industrial Holdings (HKG:838) Will Pay A Larger Dividend Than Last Year At HK$0.0176
Apr 02Should You Investigate EVA Precision Industrial Holdings Limited (HKG:838) At HK$1.14?
Feb 17Investors Will Want EVA Precision Industrial Holdings' (HKG:838) Growth In ROCE To Persist
Jan 28We Think EVA Precision Industrial Holdings (HKG:838) Can Stay On Top Of Its Debt
Dec 06EVA Precision Industrial Holdings (HKG:838) Is Doing The Right Things To Multiply Its Share Price
Oct 26EVA Precision Industrial Holdings (HKG:838) Has Announced That It Will Be Increasing Its Dividend To HK$0.0176
Sep 05We Like These Underlying Return On Capital Trends At EVA Precision Industrial Holdings (HKG:838)
May 31Does EVA Precision Industrial Holdings (HKG:838) Have A Healthy Balance Sheet?
May 11Here's Why EVA Precision Industrial Holdings (HKG:838) Can Manage Its Debt Responsibly
Oct 26We Think EVA Precision Industrial Holdings' (HKG:838) Robust Earnings Are Conservative
Sep 22Investors Could Be Concerned With EVA Precision Industrial Holdings' (HKG:838) Returns On Capital
Aug 22These 4 Measures Indicate That EVA Precision Industrial Holdings (HKG:838) Is Using Debt Extensively
Jun 30Be Wary Of EVA Precision Industrial Holdings (HKG:838) And Its Returns On Capital
May 11What Kind Of Investors Own Most Of EVA Precision Industrial Holdings Limited (HKG:838)?
Feb 22What EVA Precision Industrial Holdings' (HKG:838) Returns On Capital Can Tell Us
Jan 26
Need To Know: EVA Precision Industrial Holdings Limited (HKG:838) Insiders Have Been Buying Shares
Dec 29EVA Precision Industrial Holdings'(HKG:838) Share Price Is Down 56% Over The Past Five Years.
Dec 08Our Take On EVA Precision Industrial Holdings' (HKG:838) CEO Salary
Nov 17Financial Position Analysis
Short Term Liabilities: 838's short term assets (HK$4.2B) exceed its short term liabilities (HK$3.1B).
Long Term Liabilities: 838's short term assets (HK$4.2B) exceed its long term liabilities (HK$1.2B).
Debt to Equity History and Analysis
Debt Level: 838's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: 838's debt to equity ratio has increased from 75.7% to 77.4% over the past 5 years.
Debt Coverage: 838's debt is well covered by operating cash flow (22.9%).
Interest Coverage: 838's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:22 |
| End of Day Share Price | 2024/12/23 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
EVA Precision Industrial Holdings Limited is covered by 10 analysts. 1 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 |
|---|---|
| Zhiwu Li | BOCOM International Securities Limited |
| Kelvin Goh | CGS International |
| Paul Quah | CLSA |