51 Credit Card Balance Sheet Health
Financial Health criteria checks 6/6
51 Credit Card has a total shareholder equity of CN¥762.2M and total debt of CN¥78.7M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CN¥1.1B and CN¥333.0M respectively. 51 Credit Card's EBIT is CN¥64.8M making its interest coverage ratio -33.8. It has cash and short-term investments of CN¥306.9M.
Key information
10.3%
Debt to equity ratio
CN¥78.66m
Debt
| Interest coverage ratio | -33.8x |
| Cash | CN¥306.88m |
| Equity | CN¥762.18m |
| Total liabilities | CN¥333.00m |
| Total assets | CN¥1.10b |
Recent financial health updates
No updates
Recent updates
51 Credit Card Inc.'s (HKG:2051) 26% Share Price Surge Not Quite Adding Up
Nov 21
51 Credit Card Inc. (HKG:2051) Shares Fly 29% But Investors Aren't Buying For Growth
May 2351 Credit Card Inc.'s (HKG:2051) Prospects Need A Boost To Lift Shares
Feb 23Insider Buying: Shen Guojun Just Spent CN¥148m On 51 Credit Card Inc. (HKG:2051) Shares
Feb 2651 Credit Card (HKG:2051) Share Prices Have Dropped 39% In The Last Year
Feb 15
Financial Position Analysis
Short Term Liabilities: 2051's short term assets (CN¥778.4M) exceed its short term liabilities (CN¥306.6M).
Long Term Liabilities: 2051's short term assets (CN¥778.4M) exceed its long term liabilities (CN¥26.4M).
Debt to Equity History and Analysis
Debt Level: 2051 has more cash than its total debt.
Reducing Debt: 2051's debt to equity ratio has reduced from 13.3% to 10.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2051 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2051 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 20.8% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/19 19:13 |
| End of Day Share Price | 2025/03/19 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.
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 Github.
Analyst Sources
51 Credit Card Inc. is covered by 1 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 |
|---|---|
| Felix Luo | China Merchants Securities (HK) Co., Ltd |