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 | 2025/07/23 21:40 |
| End of Day Share Price | 2025/07/23 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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. |