Cinese International Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Cinese International Group Holdings has a total shareholder equity of HK$19.1M and total debt of HK$2.8M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are HK$121.3M and HK$102.2M respectively.
Key information
14.8%
Debt to equity ratio
HK$2.84m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$36.13m |
| Equity | HK$19.15m |
| Total liabilities | HK$102.20m |
| Total assets | HK$121.35m |
Recent financial health updates
No updates
Recent updates
Not Many Are Piling Into Cinese International Group Holdings Limited (HKG:1620) Stock Yet As It Plummets 29%
Jul 14
Cautious Investors Not Rewarding Cinese International Group Holdings Limited's (HKG:1620) Performance Completely
May 23Are Cteh Inc.'s (HKG:1620) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Dec 07
Financial Position Analysis
Short Term Liabilities: 1620's short term assets (HK$98.5M) do not cover its short term liabilities (HK$100.0M).
Long Term Liabilities: 1620's short term assets (HK$98.5M) exceed its long term liabilities (HK$2.2M).
Debt to Equity History and Analysis
Debt Level: 1620 has more cash than its total debt.
Reducing Debt: 1620's debt to equity ratio has increased from 0% to 14.8% 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: 1620 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1620 has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.1% each year.