Jiu Rong Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Jiu Rong Holdings has a total shareholder equity of HK$52.1M and total debt of HK$946.1M, which brings its debt-to-equity ratio to 1817.4%. Its total assets and total liabilities are HK$2.1B and HK$2.1B respectively.
Key information
1,817.4%
Debt to equity ratio
HK$946.11m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$41.03m |
| Equity | HK$52.06m |
| Total liabilities | HK$2.05b |
| Total assets | HK$2.11b |
Recent financial health updates
Is Jiu Rong Holdings (HKG:2358) Using Debt In A Risky Way?
Jun 18
Is Jiu Rong Holdings (HKG:2358) Using Debt In A Risky Way?
Dec 05Is Jiu Rong Holdings (HKG:2358) Using Too Much Debt?
Sep 05Does Jiu Rong Holdings (HKG:2358) Have A Healthy Balance Sheet?
Apr 01Is Jiu Rong Holdings (HKG:2358) A Risky Investment?
Dec 06Recent updates
Risks Still Elevated At These Prices As Jiu Rong Holdings Limited (HKG:2358) Shares Dive 26%
Nov 25What Jiu Rong Holdings Limited's (HKG:2358) 29% Share Price Gain Is Not Telling You
Oct 04Jiu Rong Holdings Limited's (HKG:2358) 27% Price Boost Is Out Of Tune With Revenues
Jul 24Is Jiu Rong Holdings (HKG:2358) Using Debt In A Risky Way?
Jun 18Some Confidence Is Lacking In Jiu Rong Holdings Limited (HKG:2358) As Shares Slide 32%
Mar 08Jiu Rong Holdings Limited's (HKG:2358) Shares Climb 37% But Its Business Is Yet to Catch Up
Dec 20Is Jiu Rong Holdings (HKG:2358) Using Debt In A Risky Way?
Dec 05Is Jiu Rong Holdings (HKG:2358) Using Too Much Debt?
Sep 05Returns Are Gaining Momentum At Jiu Rong Holdings (HKG:2358)
May 13Investors Will Want Jiu Rong Holdings' (HKG:2358) Growth In ROCE To Persist
Dec 22Jiu Rong Holdings (HKG:2358) Is Looking To Continue Growing Its Returns On Capital
Jun 08Does Jiu Rong Holdings (HKG:2358) Have A Healthy Balance Sheet?
Apr 01What Can The Trends At Jiu Rong Holdings (HKG:2358) Tell Us About Their Returns?
Feb 04Jiu Rong Holdings (HKG:2358) Share Prices Have Dropped 49% In The Last Three Years
Jan 14Should We Be Cautious About Jiu Rong Holdings Limited's (HKG:2358) ROE Of 3.6%?
Dec 24Is Jiu Rong Holdings (HKG:2358) A Risky Investment?
Dec 06Are Jiu Rong Holdings's (HKG:2358) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 17
Financial Position Analysis
Short Term Liabilities: 2358's short term assets (HK$795.7M) do not cover its short term liabilities (HK$1.7B).
Long Term Liabilities: 2358's short term assets (HK$795.7M) exceed its long term liabilities (HK$373.3M).
Debt to Equity History and Analysis
Debt Level: 2358's net debt to equity ratio (1738.6%) is considered high.
Reducing Debt: 2358's debt to equity ratio has increased from 194.6% to 1817.4% 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: 2358 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2358 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.8% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 05:35 |
| End of Day Share Price | 2025/02/07 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.
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 Github.
Analyst Sources
Jiu Rong Holdings 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.