Mainland Headwear Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Mainland Headwear Holdings has a total shareholder equity of HK$1.2B and total debt of HK$157.7M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are HK$1.8B and HK$602.2M respectively. Mainland Headwear Holdings's EBIT is HK$110.3M making its interest coverage ratio 9.7. It has cash and short-term investments of HK$210.4M.
Key information
13.4%
Debt to equity ratio
HK$157.66m
Debt
| Interest coverage ratio | 9.7x |
| Cash | HK$210.42m |
| Equity | HK$1.17b |
| Total liabilities | HK$602.25m |
| Total assets | HK$1.78b |
Recent financial health updates
Recent updates
Mainland Headwear Holdings' (HKG:1100) Problems Go Beyond Weak Profit
Apr 25
Mainland Headwear Holdings (HKG:1100) Is Paying Out A Dividend Of HK$0.06
Apr 20Mainland Headwear Holdings' (HKG:1100) Dividend Will Be HK$0.06
Apr 04Mainland Headwear Holdings (HKG:1100) Has Announced A Dividend Of HK$0.03
Aug 31Mainland Headwear Holdings (HKG:1100) Has Announced A Dividend Of HK$0.06
Apr 10Mainland Headwear Holdings (HKG:1100) Has Affirmed Its Dividend Of HK$0.06
Mar 27Mainland Headwear Holdings' (HKG:1100) Dividend Will Be HK$0.03
Sep 01Mainland Headwear Holdings (HKG:1100) Has Announced That It Will Be Increasing Its Dividend To HK$0.06
May 27Mainland Headwear Holdings (HKG:1100) Is Increasing Its Dividend To HK$0.06
May 05Mainland Headwear Holdings (HKG:1100) Is Increasing Its Dividend To HK$0.06
Apr 21Mainland Headwear Holdings (HKG:1100) Is Increasing Its Dividend To HK$0.06
Mar 31Mainland Headwear Holdings' (HKG:1100) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 26Here's What You Should Know About Mainland Headwear Holdings Limited's (HKG:1100) 5.4% Dividend Yield
May 04We Think Mainland Headwear Holdings (HKG:1100) Is Taking Some Risk With Its Debt
Mar 30Consider This Before Buying Mainland Headwear Holdings Limited (HKG:1100) For The 5.3% Dividend
Feb 01A Look At The Intrinsic Value Of Mainland Headwear Holdings Limited (HKG:1100)
Dec 28What Can We Make Of Mainland Headwear Holdings' (HKG:1100) CEO Compensation?
Dec 11Should You Use Mainland Headwear Holdings's (HKG:1100) Statutory Earnings To Analyse It?
Nov 20
Financial Position Analysis
Short Term Liabilities: 1100's short term assets (HK$939.4M) exceed its short term liabilities (HK$520.2M).
Long Term Liabilities: 1100's short term assets (HK$939.4M) exceed its long term liabilities (HK$82.0M).
Debt to Equity History and Analysis
Debt Level: 1100 has more cash than its total debt.
Reducing Debt: 1100's debt to equity ratio has reduced from 39.1% to 13.4% over the past 5 years.
Debt Coverage: 1100's debt is well covered by operating cash flow (148.9%).
Interest Coverage: 1100's interest payments on its debt are well covered by EBIT (9.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 02:23 |
| End of Day Share Price | 2024/12/27 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
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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 .
Analyst Sources
Mainland Headwear Holdings Limited is covered by 3 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 | CGS International |
| Adrian Fung | Polaris Securities (Hong Kong) Limited |
| Tommy Ho | UOB Kay Hian Research Pte Ltd |