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
CashHK$501.59m
EquityHK$2.14b
Total liabilitiesHK$558.89m
Total assetsHK$2.70b

Recent financial health updates

Recent updates

Calculating The Fair Value Of Litu Holdings Limited (HKG:1008)

Dec 13
Calculating The Fair Value Of Litu Holdings Limited (HKG:1008)

Litu Holdings Limited's (HKG:1008) Share Price Not Quite Adding Up

Aug 26
Litu Holdings Limited's (HKG:1008) Share Price Not Quite Adding Up

Calculating The Fair Value Of Litu Holdings Limited (HKG:1008)

May 31
Calculating The Fair Value Of Litu Holdings Limited (HKG:1008)

Litu Holdings Limited's (HKG:1008) 25% Share Price Surge Not Quite Adding Up

Apr 25
Litu Holdings Limited's (HKG:1008) 25% Share Price Surge Not Quite Adding Up

There's Reason For Concern Over Litu Holdings Limited's (HKG:1008) Massive 26% Price Jump

Jan 22
There's Reason For Concern Over Litu Holdings Limited's (HKG:1008) Massive 26% Price Jump

Calculating The Fair Value Of Litu Holdings Limited (HKG:1008)

Dec 29
Calculating The Fair Value Of Litu Holdings Limited (HKG:1008)

Litu Holdings (HKG:1008) Has Debt But No Earnings; Should You Worry?

Apr 07
Litu Holdings (HKG:1008) Has Debt But No Earnings; Should You Worry?

Does Litu Holdings (HKG:1008) Have A Healthy Balance Sheet?

Nov 28
Does Litu Holdings (HKG:1008) Have A Healthy Balance Sheet?

How Much Did Brilliant Circle Holdings International's(HKG:1008) Shareholders Earn From Share Price Movements Over The Last Five Years?

Jan 28
How Much Did Brilliant Circle Holdings International's(HKG:1008) Shareholders Earn From Share Price Movements Over The Last Five Years?

We Think Brilliant Circle Holdings International (HKG:1008) Can Manage Its Debt With Ease

Dec 06
We Think Brilliant Circle Holdings International (HKG:1008) Can Manage Its Debt With Ease

Financial 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

DataLast Updated (UTC time)
Company Analysis2025/02/07 12:52
End of Day Share Price 2025/02/07 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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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.

AnalystInstitution
Ri Sheng KwokGuotai Junan International Holdings Limited