Billion Industrial Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Billion Industrial Holdings has a total shareholder equity of CN¥10.6B and total debt of CN¥382.8M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥28.7B and CN¥18.1B respectively. Billion Industrial Holdings's EBIT is CN¥537.3M making its interest coverage ratio -11.2. It has cash and short-term investments of CN¥4.1B.
Key information
3.6%
Debt to equity ratio
CN¥382.84m
Debt
| Interest coverage ratio | -11.2x |
| Cash | CN¥4.10b |
| Equity | CN¥10.55b |
| Total liabilities | CN¥18.10b |
| Total assets | CN¥28.66b |
Recent financial health updates
No updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Billion Industrial Holdings Limited (HKG:2299)
Jul 01
There Are Reasons To Feel Uneasy About Billion Industrial Holdings' (HKG:2299) Returns On Capital
Mar 08A Piece Of The Puzzle Missing From Billion Industrial Holdings Limited's (HKG:2299) Share Price
Dec 20Be Wary Of Billion Industrial Holdings (HKG:2299) And Its Returns On Capital
Jul 26If EPS Growth Is Important To You, Billion Industrial Holdings (HKG:2299) Presents An Opportunity
Nov 08Returns Are Gaining Momentum At Billion Industrial Holdings (HKG:2299)
Sep 05Is Now The Time To Put Billion Industrial Holdings (HKG:2299) On Your Watchlist?
Jun 20Under The Bonnet, Billion Industrial Holdings' (HKG:2299) Returns Look Impressive
May 30We Think Billion Industrial Holdings' (HKG:2299) Robust Earnings Are Conservative
May 02Does Billion Industrial Holdings (HKG:2299) Deserve A Spot On Your Watchlist?
Mar 13Billion Industrial Holdings' (HKG:2299) Returns On Capital Are Heading Higher
Jan 20It's A Story Of Risk Vs Reward With Billion Industrial Holdings Limited (HKG:2299)
Dec 24Financial Position Analysis
Short Term Liabilities: 2299's short term assets (CN¥16.1B) do not cover its short term liabilities (CN¥17.6B).
Long Term Liabilities: 2299's short term assets (CN¥16.1B) exceed its long term liabilities (CN¥493.6M).
Debt to Equity History and Analysis
Debt Level: 2299 has more cash than its total debt.
Reducing Debt: 2299's debt to equity ratio has reduced from 28% to 3.6% over the past 5 years.
Debt Coverage: 2299's debt is well covered by operating cash flow (665.9%).
Interest Coverage: 2299 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 15:10 |
| End of Day Share Price | 2025/01/02 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
Billion Industrial Holdings 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 |
|---|---|
| Noah Hudson | Guotai Junan International Holdings Limited |
| Bonan Li | UBS Investment Bank |