China Art Financial Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Art Financial Holdings has a total shareholder equity of CN¥1.1B and total debt of CN¥7.3M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.1B and CN¥21.1M respectively. China Art Financial Holdings's EBIT is CN¥23.1M making its interest coverage ratio -17.6. It has cash and short-term investments of CN¥684.2M.
Key information
0.7%
Debt to equity ratio
CN¥7.28m
Debt
| Interest coverage ratio | -17.6x |
| Cash | CN¥684.23m |
| Equity | CN¥1.11b |
| Total liabilities | CN¥21.13m |
| Total assets | CN¥1.13b |
Recent financial health updates
No updates
Recent updates
Some Confidence Is Lacking In China Art Financial Holdings Limited (HKG:1572) As Shares Slide 32%
Dec 02
China Art Financial Holdings Limited (HKG:1572) Stock Rockets 73% As Investors Are Less Pessimistic Than Expected
Oct 06Getting In Cheap On China Art Financial Holdings Limited (HKG:1572) Is Unlikely
Aug 21What China Art Financial Holdings Limited's (HKG:1572) P/E Is Not Telling You
Mar 31Financial Position Analysis
Short Term Liabilities: 1572's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥20.4M).
Long Term Liabilities: 1572's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥720.0K).
Debt to Equity History and Analysis
Debt Level: 1572 has more cash than its total debt.
Reducing Debt: 1572's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: 1572's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1572 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 | 2024/12/23 16:00 |
| End of Day Share Price | 2024/12/23 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
China Art Financial Holdings 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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