Citychamp Watch & Jewellery Group Balance Sheet Health
Financial Health criteria checks 4/6
Citychamp Watch & Jewellery Group has a total shareholder equity of HK$4.0B and total debt of HK$900.5M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are HK$17.5B and HK$13.5B respectively. Citychamp Watch & Jewellery Group's EBIT is HK$154.6M making its interest coverage ratio 0.7. It has cash and short-term investments of HK$1.3B.
Key information
22.4%
Debt to equity ratio
HK$900.47m
Debt
| Interest coverage ratio | 0.7x |
| Cash | HK$1.33b |
| Equity | HK$4.03b |
| Total liabilities | HK$13.52b |
| Total assets | HK$17.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 256's short term assets (HK$11.1B) exceed its short term liabilities (HK$1.2B).
Long Term Liabilities: 256's short term assets (HK$11.1B) do not cover its long term liabilities (HK$12.4B).
Debt to Equity History and Analysis
Debt Level: 256 has more cash than its total debt.
Reducing Debt: 256's debt to equity ratio has reduced from 36.8% to 22.4% over the past 5 years.
Debt Coverage: 256's debt is well covered by operating cash flow (231%).
Interest Coverage: 256's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 15:01 |
| End of Day Share Price | 2024/12/24 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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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
Citychamp Watch & Jewellery Group Limited is covered by 7 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 |
|---|---|
| Kam Wai Kwok | CGS International |
| Kin Fung Chow | China Everbright Research Limited |
| Kin Fung Chow | Everbright Securities Co. Ltd. |