China Travel International Investment Hong Kong Balance Sheet Health
Financial Health criteria checks 5/6
China Travel International Investment Hong Kong has a total shareholder equity of HK$18.2B and total debt of HK$1.9B, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are HK$25.0B and HK$6.9B respectively. China Travel International Investment Hong Kong's EBIT is HK$545.5M making its interest coverage ratio -12. It has cash and short-term investments of HK$3.2B.
Key information
10.7%
Debt to equity ratio
HK$1.94b
Debt
| Interest coverage ratio | -12x |
| Cash | HK$3.25b |
| Equity | HK$18.16b |
| Total liabilities | HK$6.85b |
| Total assets | HK$25.01b |
Recent financial health updates
Is China Travel International Investment Hong Kong (HKG:308) Using Too Much Debt?
Dec 14
Is China Travel International Investment Hong Kong (HKG:308) A Risky Investment?
Jun 08Is China Travel International Investment Hong Kong (HKG:308) Weighed On By Its Debt Load?
Dec 28Is China Travel International Investment Hong Kong (HKG:308) Weighed On By Its Debt Load?
Sep 07Is China Travel International Investment Hong Kong (HKG:308) Using Too Much Debt?
Apr 12Health Check: How Prudently Does China Travel International Investment Hong Kong (HKG:308) Use Debt?
Dec 22
Recent updates
Investors Can Find Comfort In China Travel International Investment Hong Kong's (HKG:308) Earnings Quality
Sep 23China Travel International Investment Hong Kong (HKG:308) Is Paying Out A Dividend Of HK$0.015
Sep 01China Travel International Investment Hong Kong Limited's (HKG:308) Shareholders Might Be Looking For Exit
Mar 04Is China Travel International Investment Hong Kong (HKG:308) Using Too Much Debt?
Dec 14Is China Travel International Investment Hong Kong (HKG:308) A Risky Investment?
Jun 08Is China Travel International Investment Hong Kong (HKG:308) Weighed On By Its Debt Load?
Dec 28Is China Travel International Investment Hong Kong (HKG:308) Weighed On By Its Debt Load?
Sep 07What Does China Travel International Investment Hong Kong Limited's (HKG:308) Share Price Indicate?
May 17Is China Travel International Investment Hong Kong (HKG:308) Using Too Much Debt?
Apr 12Why China Travel International Investment Hong Kong Limited (HKG:308) Could Be Worth Watching
Dec 04China Travel International Investment Hong Kong Limited's (HKG:308) Intrinsic Value Is Potentially 78% Above Its Share Price
Nov 08China Travel International Investment Hong Kong (HKG:308) Strong Profits May Be Masking Some Underlying Issues
Sep 23Health Check: How Prudently Does China Travel International Investment Hong Kong (HKG:308) Use Debt?
Dec 22Financial Position Analysis
Short Term Liabilities: 308's short term assets (HK$8.3B) exceed its short term liabilities (HK$4.2B).
Long Term Liabilities: 308's short term assets (HK$8.3B) exceed its long term liabilities (HK$2.6B).
Debt to Equity History and Analysis
Debt Level: 308 has more cash than its total debt.
Reducing Debt: 308's debt to equity ratio has increased from 0.5% to 10.7% over the past 5 years.
Debt Coverage: 308's debt is well covered by operating cash flow (38.9%).
Interest Coverage: 308 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 06:34 |
| End of Day Share Price | 2024/12/20 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
China Travel International Investment Hong Kong Limited is covered by 19 analysts. 2 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 |
|---|---|
| Jiaying Huang | BOCI Research Ltd. |
| Ronald Leung | BofA Global Research |
| Forrest Chan | CCB International Securities Limited |