Ajisen (China) Holdings Limited

SEHK:538 Stock Report

Market Cap: HK$1.3b

Ajisen (China) Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Ajisen (China) Holdings has a total shareholder equity of CN¥3.0B and total debt of CN¥40.2M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥4.0B and CN¥948.5M respectively. Ajisen (China) Holdings's EBIT is CN¥50.2M making its interest coverage ratio -7.6. It has cash and short-term investments of CN¥1.6B.

Key information

1.3%

Debt to equity ratio

CN¥40.15m

Debt

Interest coverage ratio-7.6x
CashCN¥1.58b
EquityCN¥3.02b
Total liabilitiesCN¥948.55m
Total assetsCN¥3.97b

Recent financial health updates

Recent updates

Ajisen (China) Holdings Limited's (HKG:538) 31% Share Price Surge Not Quite Adding Up

Dec 29
Ajisen (China) Holdings Limited's (HKG:538) 31% Share Price Surge Not Quite Adding Up

Is Ajisen (China) Holdings (HKG:538) Using Too Much Debt?

Oct 19
Is Ajisen (China) Holdings (HKG:538) Using Too Much Debt?

Health Check: How Prudently Does Ajisen (China) Holdings (HKG:538) Use Debt?

Nov 07
Health Check: How Prudently Does Ajisen (China) Holdings (HKG:538) Use Debt?

What Is Ajisen (China) Holdings Limited's (HKG:538) Share Price Doing?

May 30
What Is Ajisen (China) Holdings Limited's (HKG:538) Share Price Doing?

Does Ajisen (China) Holdings (HKG:538) Have A Healthy Balance Sheet?

Apr 26
Does Ajisen (China) Holdings (HKG:538) Have A Healthy Balance Sheet?

Should You Review Recent Insider Transactions At Ajisen (China) Holdings Limited (HKG:538)?

Mar 07
Should You Review Recent Insider Transactions At Ajisen (China) Holdings Limited (HKG:538)?

Reflecting on Ajisen (China) Holdings' (HKG:538) Share Price Returns Over The Last Three Years

Feb 17
Reflecting on Ajisen (China) Holdings' (HKG:538) Share Price Returns Over The Last Three Years

Should You Buy Ajisen (China) Holdings Limited (HKG:538) For Its Dividend?

Jan 28
Should You Buy Ajisen (China) Holdings Limited (HKG:538) For Its Dividend?

Why Ajisen (China) Holdings Limited (HKG:538) Could Be Worth Watching

Jan 07
Why Ajisen (China) Holdings Limited (HKG:538) Could Be Worth Watching

Estimating The Fair Value Of Ajisen (China) Holdings Limited (HKG:538)

Dec 17
Estimating The Fair Value Of Ajisen (China) Holdings Limited (HKG:538)

Does Ajisen (China) Holdings' (HKG:538) CEO Salary Compare Well With The Performance Of The Company?

Dec 01
Does Ajisen (China) Holdings' (HKG:538) CEO Salary Compare Well With The Performance Of The Company?

Financial Position Analysis

Short Term Liabilities: 538's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥548.0M).

Long Term Liabilities: 538's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥400.5M).


Debt to Equity History and Analysis

Debt Level: 538 has more cash than its total debt.

Reducing Debt: 538's debt to equity ratio has reduced from 12.4% to 1.3% over the past 5 years.

Debt Coverage: 538's debt is well covered by operating cash flow (1187.6%).

Interest Coverage: 538 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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