Summit Ascent Holdings Limited

SEHK:102 Stock Report

Market Cap: HK$211.9m

Summit Ascent Holdings Balance Sheet Health

Financial Health criteria checks 4/6

Summit Ascent Holdings has a total shareholder equity of HK$3.5B and total debt of HK$119.6M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are HK$3.6B and HK$177.1M respectively. Summit Ascent Holdings's EBIT is HK$44.1M making its interest coverage ratio -0.4. It has cash and short-term investments of HK$762.3M.

Key information

3.5%

Debt to equity ratio

HK$119.56m

Debt

Interest coverage ratio-0.4x
CashHK$762.31m
EquityHK$3.46b
Total liabilitiesHK$177.10m
Total assetsHK$3.63b

Recent financial health updates

Recent updates

Be Wary Of Summit Ascent Holdings (HKG:102) And Its Returns On Capital

Dec 15
Be Wary Of Summit Ascent Holdings (HKG:102) And Its Returns On Capital

Summit Ascent Holdings (HKG:102) Seems To Use Debt Rather Sparingly

Sep 26
Summit Ascent Holdings (HKG:102) Seems To Use Debt Rather Sparingly

The Returns On Capital At Summit Ascent Holdings (HKG:102) Don't Inspire Confidence

Jun 02
The Returns On Capital At Summit Ascent Holdings (HKG:102) Don't Inspire Confidence

Is Summit Ascent Holdings (HKG:102) Weighed On By Its Debt Load?

Dec 05
Is Summit Ascent Holdings (HKG:102) Weighed On By Its Debt Load?

Is Summit Ascent Holdings (HKG:102) Using Too Much Debt?

Mar 24
Is Summit Ascent Holdings (HKG:102) Using Too Much Debt?

Is Summit Ascent Holdings (HKG:102) A Risky Investment?

Nov 16
Is Summit Ascent Holdings (HKG:102) A Risky Investment?

Summit Ascent Holdings' (HKG:102) Anemic Earnings Might Be Worse Than You Think

Apr 29
Summit Ascent Holdings' (HKG:102) Anemic Earnings Might Be Worse Than You Think

Is Summit Ascent Holdings (HKG:102) Weighed On By Its Debt Load?

Apr 08
Is Summit Ascent Holdings (HKG:102) Weighed On By Its Debt Load?

Financial Position Analysis

Short Term Liabilities: 102's short term assets (HK$950.8M) exceed its short term liabilities (HK$44.6M).

Long Term Liabilities: 102's short term assets (HK$950.8M) exceed its long term liabilities (HK$132.5M).


Debt to Equity History and Analysis

Debt Level: 102 has more cash than its total debt.

Reducing Debt: 102's debt to equity ratio has reduced from 15.4% to 3.5% 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: Insufficient data to determine if 102 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 102 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/04/08 17:26
End of Day Share Price 2024/01/10 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

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

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 .

Analyst Sources

Summit Ascent Holdings Limited is covered by 8 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.

AnalystInstitution
Shengyong GohBNP Paribas Securities (Asia)
Billy NgBofA Global Research
Grant GovertsenCBRE Securities