China Wacan Group Balance Sheet Health
Financial Health criteria checks 3/6
China Wacan Group has a total shareholder equity of HK$27.7M and total debt of HK$5.8M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are HK$47.1M and HK$19.4M respectively.
Key information
21.0%
Debt to equity ratio
HK$5.81m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$435.00k |
| Equity | HK$27.70m |
| Total liabilities | HK$19.38m |
| Total assets | HK$47.08m |
Recent financial health updates
Here's Why Hands Form Holdings (HKG:1920) Can Afford Some Debt
May 06
Would Hands Form Holdings (HKG:1920) Be Better Off With Less Debt?
Sep 06We Think Hands Form Holdings (HKG:1920) Has A Fair Chunk Of Debt
Apr 13Recent updates
What China Wacan Group Company Limited's (HKG:1920) 28% Share Price Gain Is Not Telling You
Dec 27Risks Still Elevated At These Prices As Hands Form Holdings Limited (HKG:1920) Shares Dive 27%
Oct 18This Is Why Shareholders May Want To Hold Back On A Pay Rise For Hands Form Holdings Limited's (HKG:1920) CEO
Jun 21Hands Form Holdings Limited (HKG:1920) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Mar 27Unpleasant Surprises Could Be In Store For Hands Form Holdings Limited's (HKG:1920) Shares
Jan 02Here's Why Hands Form Holdings (HKG:1920) Can Afford Some Debt
May 06Would Hands Form Holdings (HKG:1920) Be Better Off With Less Debt?
Sep 06We Think Hands Form Holdings (HKG:1920) Has A Fair Chunk Of Debt
Apr 13Are Hands Form Holdings' (HKG:1920) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 19Hands Form Holdings (HKG:1920) Share Prices Have Dropped 17% In The Last Year
Jan 15
Could The Market Be Wrong About Hands Form Holdings Limited (HKG:1920) Given Its Attractive Financial Prospects?
Dec 10Financial Position Analysis
Short Term Liabilities: 1920's short term assets (HK$40.4M) exceed its short term liabilities (HK$19.4M).
Long Term Liabilities: 1920 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1920's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: 1920's debt to equity ratio has increased from 8.7% to 21% 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: 1920 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1920 has less than a year of cash runway if free cash flow continues to grow at historical rates of 39.5% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 02:37 |
| End of Day Share Price | 2025/01/15 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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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
China Wacan Group Company Limited is covered by 0 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 |
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