Tungtex (Holdings) Balance Sheet Health
Financial Health criteria checks 4/6
Tungtex (Holdings) has a total shareholder equity of HK$377.7M and total debt of HK$74.1M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are HK$552.7M and HK$175.0M respectively.
Key information
19.61%
Debt to equity ratio
HK$74.07m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$136.58m |
| Equity | HK$377.71m |
| Total liabilities | HK$175.02m |
| Total assets | HK$552.72m |
Recent financial health updates
Recent updates
Some Shareholders Feeling Restless Over Tungtex (Holdings) Company Limited's (HKG:518) P/S Ratio
Apr 07
Optimistic Investors Push Tungtex (Holdings) Company Limited (HKG:518) Shares Up 27% But Growth Is Lacking
Oct 24Should Shareholders Reconsider Tungtex (Holdings) Company Limited's (HKG:518) CEO Compensation Package?
Aug 19Tungtex (Holdings) (HKG:518) Is Experiencing Growth In Returns On Capital
Nov 17The Return Trends At Tungtex (Holdings) (HKG:518) Look Promising
Jun 13We Think Shareholders Are Less Likely To Approve A Pay Rise For Tungtex (Holdings) Company Limited's (HKG:518) CEO For Now
Aug 18We're Not Counting On Tungtex (Holdings) (HKG:518) To Sustain Its Statutory Profitability
Jan 31
Is Tungtex (Holdings) (HKG:518) Using Debt Sensibly?
Dec 28Michael Webb of Tungtex (Holdings) Company Limited (HKG:518) Just Spent HK$1.6m On Shares
Nov 21Financial Position Analysis
Short Term Liabilities: 518's short term assets (HK$468.4M) exceed its short term liabilities (HK$174.2M).
Long Term Liabilities: 518's short term assets (HK$468.4M) exceed its long term liabilities (HK$774.0K).
Debt to Equity History and Analysis
Debt Level: 518 has more cash than its total debt.
Reducing Debt: 518's debt to equity ratio has reduced from 58.8% to 19.6% over the past 5 years.
Debt Coverage: 518's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 518's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/31 09:46 |
| End of Day Share Price | 2025/07/31 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
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
Tungtex (Holdings) Company 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 |
|---|---|
| null null | CGS International |
| Pooja Ghuge | Virtua Research Inc. |