Haichang Ocean Park Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Haichang Ocean Park Holdings has a total shareholder equity of CN¥2.4B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 238.4%. Its total assets and total liabilities are CN¥11.2B and CN¥8.7B respectively.
Key information
238.4%
Debt to equity ratio
CN¥5.80b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.37b |
| Equity | CN¥2.43b |
| Total liabilities | CN¥8.73b |
| Total assets | CN¥11.16b |
Recent financial health updates
Is Haichang Ocean Park Holdings (HKG:2255) Using Debt In A Risky Way?
Sep 02
Is Haichang Ocean Park Holdings (HKG:2255) Using Debt In A Risky Way?
May 01Is Haichang Ocean Park Holdings (HKG:2255) A Risky Investment?
Sep 25Does Haichang Ocean Park Holdings (HKG:2255) Have A Healthy Balance Sheet?
Jun 11Does Haichang Ocean Park Holdings (HKG:2255) Have A Healthy Balance Sheet?
Oct 13Is Haichang Ocean Park Holdings (HKG:2255) Using Debt Sensibly?
Dec 18Recent updates
Haichang Ocean Park Holdings Ltd. (HKG:2255) Shares Slammed 44% But Getting In Cheap Might Be Difficult Regardless
Nov 18Investors Appear Satisfied With Haichang Ocean Park Holdings Ltd.'s (HKG:2255) Prospects As Shares Rocket 29%
Sep 30Is Haichang Ocean Park Holdings (HKG:2255) Using Debt In A Risky Way?
Sep 02Investors Appear Satisfied With Haichang Ocean Park Holdings Ltd.'s (HKG:2255) Prospects
May 27Is Haichang Ocean Park Holdings (HKG:2255) Using Debt In A Risky Way?
May 01Is Haichang Ocean Park Holdings (HKG:2255) A Risky Investment?
Sep 25Does Haichang Ocean Park Holdings (HKG:2255) Have A Healthy Balance Sheet?
Jun 11Does Haichang Ocean Park Holdings (HKG:2255) Have A Healthy Balance Sheet?
Oct 13Haichang Ocean Park Holdings' (HKG:2255) Solid Profits Have Weak Fundamentals
May 05Is Haichang Ocean Park Holdings (HKG:2255) Using Debt Sensibly?
Dec 18Is Haichang Ocean Park Holdings (HKG:2255) Using Debt In A Risky Way?
Sep 07Auditors Are Concerned About Haichang Ocean Park Holdings (HKG:2255)
May 05Is Haichang Ocean Park Holdings (HKG:2255) Using Debt Sensibly?
Mar 29Is Haichang Ocean Park Holdings Ltd.'s (HKG:2255) Shareholder Ownership Skewed Towards Insiders?
Feb 12How Much Did Haichang Ocean Park Holdings'(HKG:2255) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 21
Have Insiders Been Buying Haichang Ocean Park Holdings Ltd. (HKG:2255) Shares?
Nov 30Financial Position Analysis
Short Term Liabilities: 2255's short term assets (CN¥2.2B) do not cover its short term liabilities (CN¥2.4B).
Long Term Liabilities: 2255's short term assets (CN¥2.2B) do not cover its long term liabilities (CN¥6.3B).
Debt to Equity History and Analysis
Debt Level: 2255's net debt to equity ratio (182.1%) is considered high.
Reducing Debt: 2255's debt to equity ratio has increased from 186.4% to 238.4% 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: 2255 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2255 has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 5.4% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 04:47 |
| End of Day Share Price | 2024/12/24 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 |
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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 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
Haichang Ocean Park Holdings Ltd. is covered by 13 analysts. 1 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 |
|---|---|
| Y. Chen | BNP Paribas Securities (Asia) |
| Ningfei Liu | China International Capital Corporation Limited |
| Ya Jiang | Citic Securities Co., Ltd. |