South China Vocational Education Group Balance Sheet Health
Financial Health criteria checks 5/6
South China Vocational Education Group has a total shareholder equity of CN¥1.7B and total debt of CN¥181.2M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are CN¥2.5B and CN¥873.2M respectively. South China Vocational Education Group's EBIT is CN¥27.2M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥366.0M.
Key information
10.93%
Debt to equity ratio
CN¥181.22m
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥366.04m |
| Equity | CN¥1.66b |
| Total liabilities | CN¥873.22m |
| Total assets | CN¥2.53b |
Recent financial health updates
No updates
Recent updates
We Think That There Are More Issues For South China Vocational Education Group (HKG:6913) Than Just Sluggish Earnings
May 07
A Look At The Fair Value Of South China Vocational Education Group Company Limited (HKG:6913)
Apr 01South China Vocational Education Group's (HKG:6913) Anemic Earnings Might Be Worse Than You Think
Oct 04South 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¥421.2M) do not cover its short term liabilities (CN¥598.5M).
Long Term Liabilities: 6913's short term assets (CN¥421.2M) exceed its long term liabilities (CN¥274.7M).
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 58.1% to 10.9% over the past 5 years.
Debt Coverage: 6913's debt is well covered by operating cash flow (157.5%).
Interest Coverage: 6913's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/16 20:04 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
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.