China International Development Corporation Limited

SEHK:264 Stock Report

Market Cap: HK$744.0m

China International Development Balance Sheet Health

Financial Health criteria checks 2/6

China International Development has a total shareholder equity of HK$-67.5M and total debt of HK$40.1M, which brings its debt-to-equity ratio to -59.4%. Its total assets and total liabilities are HK$7.4M and HK$74.8M respectively.

Key information

-59.4%

Debt to equity ratio

HK$40.06m

Debt

Interest coverage ration/a
CashHK$854.00k
Equity-HK$67.45m
Total liabilitiesHK$74.84m
Total assetsHK$7.39m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 264 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 264 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 264 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 264's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: 264 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: 264 is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


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