Chiho Environmental Group Balance Sheet Health
Financial Health criteria checks 4/6
Chiho Environmental Group has a total shareholder equity of HK$4.8B and total debt of HK$1.0B, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are HK$8.9B and HK$4.1B respectively. Chiho Environmental Group's EBIT is HK$68.2M making its interest coverage ratio 0.4. It has cash and short-term investments of HK$344.9M.
Key information
21.1%
Debt to equity ratio
HK$1.01b
Debt
| Interest coverage ratio | 0.4x |
| Cash | HK$344.90m |
| Equity | HK$4.79b |
| Total liabilities | HK$4.13b |
| Total assets | HK$8.92b |
Recent financial health updates
These 4 Measures Indicate That Chiho Environmental Group (HKG:976) Is Using Debt In A Risky Way
Nov 05
Chiho Environmental Group (HKG:976) Use Of Debt Could Be Considered Risky
Sep 29These 4 Measures Indicate That Chiho Environmental Group (HKG:976) Is Using Debt Extensively
Oct 26We Think Chiho Environmental Group (HKG:976) Is Taking Some Risk With Its Debt
Apr 19We Think Chiho Environmental Group (HKG:976) Is Taking Some Risk With Its Debt
Aug 27Recent updates
These 4 Measures Indicate That Chiho Environmental Group (HKG:976) Is Using Debt In A Risky Way
Nov 05Returns On Capital Signal Difficult Times Ahead For Chiho Environmental Group (HKG:976)
Jul 19The Returns On Capital At Chiho Environmental Group (HKG:976) Don't Inspire Confidence
Mar 16Chiho Environmental Group (HKG:976) Will Be Hoping To Turn Its Returns On Capital Around
Dec 01Chiho Environmental Group (HKG:976) Use Of Debt Could Be Considered Risky
Sep 29Chiho Environmental Group (HKG:976) Might Have The Makings Of A Multi-Bagger
Jan 20These 4 Measures Indicate That Chiho Environmental Group (HKG:976) Is Using Debt Extensively
Oct 26Chiho Environmental Group's (HKG:976) Earnings Are Of Questionable Quality
Sep 29We Think Chiho Environmental Group (HKG:976) Is Taking Some Risk With Its Debt
Apr 19Chiho Environmental Group (HKG:976) Is Doing The Right Things To Multiply Its Share Price
Mar 15The Return Trends At Chiho Environmental Group (HKG:976) Look Promising
Dec 06We Think Chiho Environmental Group (HKG:976) Is Taking Some Risk With Its Debt
Aug 27Do Institutions Own Chiho Environmental Group Limited (HKG:976) Shares?
Mar 04Financial Position Analysis
Short Term Liabilities: 976's short term assets (HK$4.4B) exceed its short term liabilities (HK$3.2B).
Long Term Liabilities: 976's short term assets (HK$4.4B) exceed its long term liabilities (HK$877.3M).
Debt to Equity History and Analysis
Debt Level: 976's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: 976's debt to equity ratio has reduced from 56.8% to 21.1% over the past 5 years.
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: Insufficient data to determine if 976 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 976 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 03:36 |
| End of Day Share Price | 2024/12/24 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 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
Chiho Environmental Group Limited is covered by 2 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 |
|---|---|
| null null | CCB International Securities Limited |
| Guohe Fan | Phillip Securities (HK) |