Litu Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Litu Holdings has a total shareholder equity of HK$2.1B and total debt of HK$208.3M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are HK$2.7B and HK$558.9M respectively. Litu Holdings's EBIT is HK$56.4M making its interest coverage ratio -35.3. It has cash and short-term investments of HK$501.6M.
Key information
9.7%
Debt to equity ratio
HK$208.34m
Debt
| Interest coverage ratio | -35.3x |
| Cash | HK$501.59m |
| Equity | HK$2.14b |
| Total liabilities | HK$558.89m |
| Total assets | HK$2.70b |
Recent financial health updates
Litu Holdings (HKG:1008) Has Debt But No Earnings; Should You Worry?
Apr 07
Does Litu Holdings (HKG:1008) Have A Healthy Balance Sheet?
Nov 28We Think Brilliant Circle Holdings International (HKG:1008) Can Manage Its Debt With Ease
Dec 06Recent updates
Calculating The Fair Value Of Litu Holdings Limited (HKG:1008)
Dec 13Litu Holdings Limited's (HKG:1008) Share Price Not Quite Adding Up
Aug 26Calculating The Fair Value Of Litu Holdings Limited (HKG:1008)
May 31Litu Holdings Limited's (HKG:1008) 25% Share Price Surge Not Quite Adding Up
Apr 25There's Reason For Concern Over Litu Holdings Limited's (HKG:1008) Massive 26% Price Jump
Jan 22Calculating The Fair Value Of Litu Holdings Limited (HKG:1008)
Dec 29Litu Holdings (HKG:1008) Has Debt But No Earnings; Should You Worry?
Apr 07Does Litu Holdings (HKG:1008) Have A Healthy Balance Sheet?
Nov 28How Much Did Brilliant Circle Holdings International's(HKG:1008) Shareholders Earn From Share Price Movements Over The Last Five Years?
Jan 28
We Think Brilliant Circle Holdings International (HKG:1008) Can Manage Its Debt With Ease
Dec 06Financial Position Analysis
Short Term Liabilities: 1008's short term assets (HK$1.1B) exceed its short term liabilities (HK$508.3M).
Long Term Liabilities: 1008's short term assets (HK$1.1B) exceed its long term liabilities (HK$50.6M).
Debt to Equity History and Analysis
Debt Level: 1008 has more cash than its total debt.
Reducing Debt: 1008's debt to equity ratio has reduced from 18.5% to 9.7% over the past 5 years.
Debt Coverage: 1008's debt is well covered by operating cash flow (55.4%).
Interest Coverage: 1008 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 14:07 |
| End of Day Share Price | 2025/02/14 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Litu Holdings Limited is covered by 1 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 |
|---|---|
| Ri Sheng Kwok | Guotai Junan International Holdings Limited |