Prosperous Industrial (Holdings) Balance Sheet Health

Financial Health criteria checks 6/6

Prosperous Industrial (Holdings) has a total shareholder equity of $160.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $203.5M and $43.3M respectively. Prosperous Industrial (Holdings)'s EBIT is $21.9M making its interest coverage ratio -11.7. It has cash and short-term investments of $69.2M.

Key information

Debt to equity ratio

US$0

Debt

Interest coverage ratio	-11.7x
Cash	US$69.20m
Equity	US$160.20m
Total liabilities	US$43.29m
Total assets	US$203.49m

Recent financial health updates

No updates

Recent updates

Increases to CEO Compensation Might Be Put On Hold For Now at Prosperous Industrial (Holdings) Limited (HKG:1731)

Jun 12

When Should You Buy Prosperous Industrial (Holdings) Limited (HKG:1731)?

May 30

Prosperous Industrial (Holdings)'s (HKG:1731) Returns On Capital Not Reflecting Well On The Business

Dec 22

The Returns On Capital At Prosperous Industrial (Holdings) (HKG:1731) Don't Inspire Confidence

Sep 15

Prosperous Industrial (Holdings) (HKG:1731) Is Reinvesting At Lower Rates Of Return

Mar 04

A Look At The Intrinsic Value Of Prosperous Industrial (Holdings) Limited (HKG:1731)

Dec 20

Prosperous Industrial (Holdings) (HKG:1731) Will Be Hoping To Turn Its Returns On Capital Around

Jun 25

Here's What To Make Of Prosperous Industrial (Holdings)'s (HKG:1731) Returns On Capital

Feb 22

A Look At Prosperous Industrial (Holdings)'s (HKG:1731) Share Price Returns

Dec 31

Financial Position Analysis

Short Term Liabilities: 1731's short term assets ($162.0M) exceed its short term liabilities ($39.9M).

Long Term Liabilities: 1731's short term assets ($162.0M) exceed its long term liabilities ($3.4M).

Debt to Equity History and Analysis

Debt Level: 1731 is debt free.

Reducing Debt: 1731 had no debt 5 years ago.

Debt Coverage: 1731 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1731 has no debt, therefore coverage of interest payments is not a concern.

Prosperous Industrial (Holdings) Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

First half 2024 earnings released: EPS: US$0.017 (vs US$0.009 in 1H 2023)

New minor risk - Market cap size

First half 2024 earnings released: EPS: US$0.017 (vs US$0.009 in 1H 2023)

Prosperous Industrial (Holdings) Limited to Report First Half, 2024 Results on Aug 23, 2024

Upcoming dividend of HK$0.05 per share

Increases to CEO Compensation Might Be Put On Hold For Now at Prosperous Industrial (Holdings) Limited (HKG:1731)

Prosperous Industrial (Holdings) Limited Proposes Final Dividend, Payable on 19 July 2024

Dividend of HK$0.05 announced

Full year 2023 earnings released: EPS: US$0.013 (vs US$0.009 in FY 2022)

Prosperous Industrial (Holdings) Limited, Annual General Meeting, Jun 19, 2024

Prosperous Industrial (Holdings) Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

New minor risk - Market cap size

First half 2023 earnings released: EPS: US$0.009 (vs US$0.007 in 1H 2022)

First half 2023 earnings released: EPS: US$0.009 (vs US$0.007 in 1H 2022)

Prosperous Industrial (Holdings) Limited to Report First Half, 2023 Results on Aug 28, 2023

Prosperous Industrial (Holdings) Limited Appoints Sze Tak as an Independent Non-Executive Director

Upcoming dividend of HK$0.042 per share at 4.7% yield

When Should You Buy Prosperous Industrial (Holdings) Limited (HKG:1731)?

Full year 2022 earnings released: EPS: US$0.009 (vs US$0.003 in FY 2021)

Prosperous Industrial (Holdings) Limited Announces Board Changes

Prosperous Industrial (Holdings)'s (HKG:1731) Returns On Capital Not Reflecting Well On The Business

Less than half of directors are independent

The Returns On Capital At Prosperous Industrial (Holdings) (HKG:1731) Don't Inspire Confidence

First half 2022 earnings released: EPS: US$0 (vs US$0.004 in 1H 2021)

Prosperous Industrial (Holdings) Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022

Prosperous Industrial (Holdings) Limited to Report Q2, 2022 Results on Aug 26, 2022

Upcoming dividend of HK$0.035 per share

Less than half of directors are independent

Prosperous Industrial (Holdings) Limited Announces Retirement of Tsai Nai-Yung as Non-Executive Director

Prosperous Industrial (Holdings) Limited Proposes Special Dividend for the Year Ended 31 December 2021, Payable on 08 July 2022

Full year 2021 earnings released: EPS: US$0.004 (vs US$0.003 in FY 2020)

Prosperous Industrial (Holdings) Limited Announces Final Dividend for Year Ended 31 December 2021, Payable on 08 July 2022

Investor sentiment improved over the past week

Prosperous Industrial (Holdings) (HKG:1731) Is Reinvesting At Lower Rates Of Return

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

A Look At The Intrinsic Value Of Prosperous Industrial (Holdings) Limited (HKG:1731)

First half 2021 earnings released: EPS US$0.004 (vs US$0.004 in 1H 2020)

First half 2021 earnings released: EPS US$0.004 (vs US$0.004 in 1H 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Prosperous Industrial (Holdings) (HKG:1731) Will Be Hoping To Turn Its Returns On Capital Around

Upcoming dividend of HK$0.07 per share

Investor sentiment improved over the past week

Prosperous Industrial (Holdings) Limited Recommends the Payment of Final Dividend for the Year 2020, Payable on June 30, 2021

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS US$0.003 (vs US$0.001 loss in FY 2019)

Prosperous Industrial (Holdings) Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

New 90-day high: HK$0.45

Here's What To Make Of Prosperous Industrial (Holdings)'s (HKG:1731) Returns On Capital

New 90-day high: HK$0.43

A Look At Prosperous Industrial (Holdings)'s (HKG:1731) Share Price Returns

New 90-day high: HK$0.34

First half earnings released

New 90-day high - HK$0.33

First half earnings released

Prosperous Industrial (Holdings) Limited to Report First Half, 2020 Results on Aug 28, 2020

New 90-day high - HK$0.31

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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