Sino-Ocean Service Holding Limited

SEHK:6677 Stock Report

Market Cap: HK$663.0m

Sino-Ocean Service Holding Balance Sheet Health

Financial Health criteria checks 6/6

Sino-Ocean Service Holding has a total shareholder equity of CN¥2.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.0B and CN¥1.9B respectively. Sino-Ocean Service Holding's EBIT is CN¥68.0M making its interest coverage ratio -15.1. It has cash and short-term investments of CN¥678.9M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-15.1x
CashCN¥678.89m
EquityCN¥2.15b
Total liabilitiesCN¥1.89b
Total assetsCN¥4.04b

Recent financial health updates

No updates

Recent updates

Sino-Ocean Service Holding (HKG:6677) Has Announced That Its Dividend Will Be Reduced To CN¥0.0159

Apr 25
Sino-Ocean Service Holding (HKG:6677) Has Announced That Its Dividend Will Be Reduced To CN¥0.0159

Sino-Ocean Service Holding (HKG:6677) Has Announced That Its Dividend Will Be Reduced To CN¥0.0159

Mar 29
Sino-Ocean Service Holding (HKG:6677) Has Announced That Its Dividend Will Be Reduced To CN¥0.0159

Sino-Ocean Service Holding Limited's (HKG:6677) 46% Share Price Surge Not Quite Adding Up

Feb 21
Sino-Ocean Service Holding Limited's (HKG:6677) 46% Share Price Surge Not Quite Adding Up

Some Confidence Is Lacking In Sino-Ocean Service Holding Limited's (HKG:6677) P/S

Dec 30
Some Confidence Is Lacking In Sino-Ocean Service Holding Limited's (HKG:6677) P/S

The Returns At Sino-Ocean Service Holding (HKG:6677) Aren't Growing

Oct 31
The Returns At Sino-Ocean Service Holding (HKG:6677) Aren't Growing

Is Now The Time To Look At Buying Sino-Ocean Service Holding Limited (HKG:6677)?

Aug 23
Is Now The Time To Look At Buying Sino-Ocean Service Holding Limited (HKG:6677)?

An Intrinsic Calculation For Sino-Ocean Service Holding Limited (HKG:6677) Suggests It's 21% Undervalued

Jul 21
An Intrinsic Calculation For Sino-Ocean Service Holding Limited (HKG:6677) Suggests It's 21% Undervalued

Sino-Ocean Service Holding (HKG:6677) Is Doing The Right Things To Multiply Its Share Price

Mar 10
Sino-Ocean Service Holding (HKG:6677) Is Doing The Right Things To Multiply Its Share Price

Should You Think About Buying Sino-Ocean Service Holding Limited (HKG:6677) Now?

Dec 19
Should You Think About Buying Sino-Ocean Service Holding Limited (HKG:6677) Now?

Returns On Capital Are Showing Encouraging Signs At Sino-Ocean Service Holding (HKG:6677)

Sep 23
Returns On Capital Are Showing Encouraging Signs At Sino-Ocean Service Holding (HKG:6677)

Sino-Ocean Service Holding's (HKG:6677) Upcoming Dividend Will Be Larger Than Last Year's

May 26
Sino-Ocean Service Holding's (HKG:6677) Upcoming Dividend Will Be Larger Than Last Year's

Why We Like The Returns At Sino-Ocean Service Holding (HKG:6677)

Jan 28
Why We Like The Returns At Sino-Ocean Service Holding (HKG:6677)

Market Participants Recognise Sino-Ocean Service Holding Limited's (HKG:6677) Earnings Pushing Shares 27% Higher

Apr 09
Market Participants Recognise Sino-Ocean Service Holding Limited's (HKG:6677) Earnings Pushing Shares 27% Higher

Is Sino-Ocean Service Holding Limited's (HKG:6677) ROE Of 62% Impressive?

Mar 17
Is Sino-Ocean Service Holding Limited's (HKG:6677) ROE Of 62% Impressive?

Financial Position Analysis

Short Term Liabilities: 6677's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.8B).

Long Term Liabilities: 6677's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥70.4M).


Debt to Equity History and Analysis

Debt Level: 6677 is debt free.

Reducing Debt: 6677 has no debt compared to 5 years ago when its debt to equity ratio was 530.7%.

Debt Coverage: 6677 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6677 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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