New Century Group Hong Kong Balance Sheet Health
Financial Health criteria checks 5/6
New Century Group Hong Kong has a total shareholder equity of HK$1.9B and total debt of HK$80.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are HK$2.0B and HK$108.3M respectively.
Key information
4.1%
Debt to equity ratio
HK$80.00m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$556.26m |
| Equity | HK$1.94b |
| Total liabilities | HK$108.27m |
| Total assets | HK$2.05b |
Recent financial health updates
New Century Group Hong Kong (HKG:234) Seems To Use Debt Quite Sensibly
Jul 11
Is New Century Group Hong Kong (HKG:234) A Risky Investment?
Jul 28Health Check: How Prudently Does New Century Group Hong Kong (HKG:234) Use Debt?
Aug 09Does New Century Group Hong Kong (HKG:234) Have A Healthy Balance Sheet?
Dec 06New Century Group Hong Kong (HKG:234) Has A Rock Solid Balance Sheet
Feb 04Recent updates
There's Reason For Concern Over New Century Group Hong Kong Limited's (HKG:234) Massive 30% Price Jump
Oct 09Returns On Capital At New Century Group Hong Kong (HKG:234) Paint A Concerning Picture
Sep 11Risks Still Elevated At These Prices As New Century Group Hong Kong Limited (HKG:234) Shares Dive 27%
Jul 19New Century Group Hong Kong (HKG:234) Seems To Use Debt Quite Sensibly
Jul 11New Century Group Hong Kong Limited's (HKG:234) Price Is Right But Growth Is Lacking
May 13Estimating The Fair Value Of New Century Group Hong Kong Limited (HKG:234)
Mar 07New Century Group Hong Kong (HKG:234) Could Be At Risk Of Shrinking As A Company
Jan 17New Century Group Hong Kong (HKG:234) Will Be Hoping To Turn Its Returns On Capital Around
Sep 07Is New Century Group Hong Kong (HKG:234) A Risky Investment?
Jul 28Health Check: How Prudently Does New Century Group Hong Kong (HKG:234) Use Debt?
Aug 09New Century Group Hong Kong's (HKG:234) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Mar 18Does New Century Group Hong Kong (HKG:234) Have A Healthy Balance Sheet?
Dec 06The Return Trends At New Century Group Hong Kong (HKG:234) Look Promising
Jul 27New Century Group Hong Kong (HKG:234) Is Experiencing Growth In Returns On Capital
Mar 29New Century Group Hong Kong (HKG:234) Has A Rock Solid Balance Sheet
Feb 04What Type Of Returns Would New Century Group Hong Kong's(HKG:234) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Dec 13Financial Position Analysis
Short Term Liabilities: 234's short term assets (HK$1.3B) exceed its short term liabilities (HK$89.1M).
Long Term Liabilities: 234's short term assets (HK$1.3B) exceed its long term liabilities (HK$19.1M).
Debt to Equity History and Analysis
Debt Level: 234 has more cash than its total debt.
Reducing Debt: 234's debt to equity ratio has reduced from 6.4% to 4.1% over the past 5 years.
Debt Coverage: 234's debt is well covered by operating cash flow (128.9%).
Interest Coverage: Insufficient data to determine if 234's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 04:12 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
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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
New Century Group Hong Kong Limited is covered by 0 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 |
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