Sinomax Group Balance Sheet Health
Financial Health criteria checks 6/6
Sinomax Group has a total shareholder equity of HK$950.0M and total debt of HK$435.3M, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are HK$2.5B and HK$1.5B respectively. Sinomax Group's EBIT is HK$212.8M making its interest coverage ratio 5. It has cash and short-term investments of HK$357.6M.
Key information
45.8%
Debt to equity ratio
HK$435.25m
Debt
| Interest coverage ratio | 5x |
| Cash | HK$357.60m |
| Equity | HK$949.97m |
| Total liabilities | HK$1.53b |
| Total assets | HK$2.48b |
Recent financial health updates
Is Sinomax Group (HKG:1418) Weighed On By Its Debt Load?
Nov 15
Sinomax Group (HKG:1418) Has Debt But No Earnings; Should You Worry?
Nov 18Sinomax Group (HKG:1418) Has A Somewhat Strained Balance Sheet
Apr 28Sinomax Group (HKG:1418) Takes On Some Risk With Its Use Of Debt
Nov 18Health Check: How Prudently Does Sinomax Group (HKG:1418) Use Debt?
Dec 15
Recent updates
Sinomax Group's (HKG:1418) Dividend Will Be HK$0.01
Aug 26Sinomax Group Limited (HKG:1418) Stock Rockets 60% As Investors Are Less Pessimistic Than Expected
Aug 06Shareholders May Be A Bit More Conservative With Sinomax Group Limited's (HKG:1418) CEO Compensation For Now
May 31We Think Sinomax Group's (HKG:1418) Robust Earnings Are Conservative
Apr 30Is Sinomax Group (HKG:1418) Weighed On By Its Debt Load?
Nov 15The Returns On Capital At Sinomax Group (HKG:1418) Don't Inspire Confidence
Aug 31A Look At The Intrinsic Value Of Sinomax Group Limited (HKG:1418)
Mar 17Sinomax Group (HKG:1418) Has Debt But No Earnings; Should You Worry?
Nov 18Calculating The Fair Value Of Sinomax Group Limited (HKG:1418)
Jul 30Capital Allocation Trends At Sinomax Group (HKG:1418) Aren't Ideal
Jun 13Sinomax Group (HKG:1418) Has A Somewhat Strained Balance Sheet
Apr 28Sinomax Group (HKG:1418) Could Be Struggling To Allocate Capital
Mar 15A Look At The Intrinsic Value Of Sinomax Group Limited (HKG:1418)
Dec 21Sinomax Group (HKG:1418) Takes On Some Risk With Its Use Of Debt
Nov 18Investors Could Be Concerned With Sinomax Group's (HKG:1418) Returns On Capital
Sep 27Sinomax Group (HKG:1418) Will Be Looking To Turn Around Its Returns
Jun 19Sinomax Group's (HKG:1418) Earnings Are Of Questionable Quality
Apr 27Health Check: How Prudently Does Sinomax Group (HKG:1418) Use Debt?
Dec 15Financial Position Analysis
Short Term Liabilities: 1418's short term assets (HK$1.7B) exceed its short term liabilities (HK$1.3B).
Long Term Liabilities: 1418's short term assets (HK$1.7B) exceed its long term liabilities (HK$226.7M).
Debt to Equity History and Analysis
Debt Level: 1418's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: 1418's debt to equity ratio has reduced from 63.7% to 45.8% over the past 5 years.
Debt Coverage: 1418's debt is well covered by operating cash flow (84.9%).
Interest Coverage: 1418's interest payments on its debt are well covered by EBIT (5x coverage).