South China Vocational Education Group Balance Sheet Health
Financial Health criteria checks 6/6
South China Vocational Education Group has a total shareholder equity of CN¥1.7B and total debt of CN¥184.0M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are CN¥2.3B and CN¥633.9M respectively. South China Vocational Education Group's EBIT is CN¥45.0M making its interest coverage ratio 7.5. It has cash and short-term investments of CN¥356.1M.
Key information
10.9%
Debt to equity ratio
CN¥184.03m
Debt
| Interest coverage ratio | 7.5x |
| Cash | CN¥356.13m |
| Equity | CN¥1.68b |
| Total liabilities | CN¥633.95m |
| Total assets | CN¥2.31b |
Recent financial health updates
No updates
Recent updates
South China Vocational Education Group's (HKG:6913) Anemic Earnings Might Be Worse Than You Think
Oct 04
South China Vocational Education Group (HKG:6913) May Have Issues Allocating Its Capital
Aug 30Estimating The Fair Value Of South China Vocational Education Group Company Limited (HKG:6913)
Jul 25South China Vocational Education Group Company Limited's (HKG:6913) Price Is Right But Growth Is Lacking
Jun 05South China Vocational Education Group (HKG:6913) Is Reinvesting At Lower Rates Of Return
Oct 31Returns On Capital Signal Tricky Times Ahead For South China Vocational Education Group (HKG:6913)
May 03South China Vocational Education Group's (HKG:6913) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Oct 05Financial Position Analysis
Short Term Liabilities: 6913's short term assets (CN¥395.1M) exceed its short term liabilities (CN¥345.2M).
Long Term Liabilities: 6913's short term assets (CN¥395.1M) exceed its long term liabilities (CN¥288.8M).
Debt to Equity History and Analysis
Debt Level: 6913 has more cash than its total debt.
Reducing Debt: 6913's debt to equity ratio has reduced from 56.4% to 10.9% over the past 5 years.
Debt Coverage: 6913's debt is well covered by operating cash flow (124.8%).
Interest Coverage: 6913's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 01:12 |
| End of Day Share Price | 2024/12/27 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
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Industry and Sector Metrics
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Analyst Sources
South China Vocational Education Group Company 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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