China Ecotourism Group Balance Sheet Health
Financial Health criteria checks 2/6
China Ecotourism Group has a total shareholder equity of HK$-480.0M and total debt of HK$12.0M, which brings its debt-to-equity ratio to -2.5%. Its total assets and total liabilities are HK$116.7M and HK$596.7M respectively.
Key information
-2.5%
Debt to equity ratio
HK$11.99m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$46.22m |
| Equity | -HK$479.96m |
| Total liabilities | HK$596.71m |
| Total assets | HK$116.75m |
Recent financial health updates
China Ecotourism Group (HKG:1371) Has Debt But No Earnings; Should You Worry?
Oct 07
Is China Ecotourism Group (HKG:1371) A Risky Investment?
Apr 07Is China Ecotourism Group (HKG:1371) Using Debt Sensibly?
Sep 20Is China Ecotourism Group (HKG:1371) Using Too Much Debt?
Apr 02Recent updates
Revenues Working Against China Ecotourism Group Limited's (HKG:1371) Share Price Following 29% Dive
Mar 06The Market Doesn't Like What It Sees From China Ecotourism Group Limited's (HKG:1371) Revenues Yet As Shares Tumble 29%
Mar 06Revenues Working Against China Ecotourism Group Limited's (HKG:1371) Share Price
May 22Improved Revenues Required Before China Ecotourism Group Limited (HKG:1371) Shares Find Their Feet
Jul 11China Ecotourism Group (HKG:1371) Has Debt But No Earnings; Should You Worry?
Oct 07Is China Ecotourism Group (HKG:1371) A Risky Investment?
Apr 07Is China Ecotourism Group (HKG:1371) Using Debt Sensibly?
Sep 20Is China Ecotourism Group (HKG:1371) Using Too Much Debt?
Apr 02Financial Position Analysis
Short Term Liabilities: 1371 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 1371 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1371 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 1371's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable 1371 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1371 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.1% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/10 19:25 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
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
China Ecotourism Group Limited is covered by 6 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 |
|---|---|
| Hyungwook Choi | BNP Paribas Securities (Asia) |
| Sze Chuen Tam | China Everbright Research Limited |
| Paul Quah | CLSA |