Swang Chai Chuan Limited

SEHK:2321 Stock Report

Market Cap: HK$435.1m

Swang Chai Chuan Balance Sheet Health

Financial Health criteria checks 5/6

Swang Chai Chuan has a total shareholder equity of MYR245.0M and total debt of MYR37.2M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are MYR368.8M and MYR123.8M respectively. Swang Chai Chuan's EBIT is MYR29.3M making its interest coverage ratio 59.8. It has cash and short-term investments of MYR62.4M.

Key information

15.2%

Debt to equity ratio

RM 37.17m

Debt

Interest coverage ratio59.8x
CashRM 62.39m
EquityRM 244.98m
Total liabilitiesRM 123.82m
Total assetsRM 368.79m

Recent financial health updates

Recent updates

These 4 Measures Indicate That Swang Chai Chuan (HKG:2321) Is Using Debt Reasonably Well

Dec 04
These 4 Measures Indicate That Swang Chai Chuan (HKG:2321) Is Using Debt Reasonably Well

Swang Chai Chuan's (HKG:2321) Profits Appear To Have Quality Issues

Oct 03
Swang Chai Chuan's (HKG:2321) Profits Appear To Have Quality Issues

Financial Position Analysis

Short Term Liabilities: 2321's short term assets (MYR306.0M) exceed its short term liabilities (MYR99.0M).

Long Term Liabilities: 2321's short term assets (MYR306.0M) exceed its long term liabilities (MYR24.8M).


Debt to Equity History and Analysis

Debt Level: 2321 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 2321's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 2321's debt is well covered by operating cash flow (70.5%).

Interest Coverage: 2321's interest payments on its debt are well covered by EBIT (59.8x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 09:27
End of Day Share Price 2025/01/28 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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Analyst Sources

Swang Chai Chuan 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.

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