China Shun Ke Long Holdings Balance Sheet Health
Financial Health criteria checks 6/6
China Shun Ke Long Holdings has a total shareholder equity of CN¥131.9M and total debt of CN¥28.0M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are CN¥328.2M and CN¥196.3M respectively.
Key information
21.2%
Debt to equity ratio
CN¥28.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥25.12m |
| Equity | CN¥131.94m |
| Total liabilities | CN¥196.27m |
| Total assets | CN¥328.21m |
Recent financial health updates
China Shun Ke Long Holdings (HKG:974) Has Debt But No Earnings; Should You Worry?
May 12
Is China Shun Ke Long Holdings (HKG:974) Using Debt Sensibly?
Oct 25Is China Shun Ke Long Holdings (HKG:974) Using Debt Sensibly?
Dec 17
Recent updates
Some China Shun Ke Long Holdings Limited (HKG:974) Shareholders Look For Exit As Shares Take 29% Pounding
Jul 25Risks Still Elevated At These Prices As China Shun Ke Long Holdings Limited (HKG:974) Shares Dive 26%
Jun 07China Shun Ke Long Holdings Limited (HKG:974) Shares May Have Slumped 33% But Getting In Cheap Is Still Unlikely
Apr 21Some Confidence Is Lacking In China Shun Ke Long Holdings Limited (HKG:974) As Shares Slide 40%
Feb 09Calculating The Fair Value Of China Shun Ke Long Holdings Limited (HKG:974)
Dec 01China Shun Ke Long Holdings (HKG:974) Has Debt But No Earnings; Should You Worry?
May 12Is China Shun Ke Long Holdings (HKG:974) Using Debt Sensibly?
Oct 25Is China Shun Ke Long Holdings (HKG:974) Using Debt Sensibly?
Dec 17Financial Position Analysis
Short Term Liabilities: 974's short term assets (CN¥206.1M) exceed its short term liabilities (CN¥159.2M).
Long Term Liabilities: 974's short term assets (CN¥206.1M) exceed its long term liabilities (CN¥37.0M).
Debt to Equity History and Analysis
Debt Level: 974's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 974's debt to equity ratio has reduced from 39.7% to 21.2% over the past 5 years.
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: 974 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 974 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 7.8% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 05:57 |
| End of Day Share Price | 2025/01/10 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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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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 .
Analyst Sources
China Shun Ke Long Holdings Limited is covered by 1 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 |
|---|---|
| Hoi Yin Yip | China Everbright Research Limited |