Far East Horizon Limited

SEHK:3360 Stock Report

Market Cap: HK$23.5b

Far East Horizon Balance Sheet Health

Financial Health criteria checks 2/6

Far East Horizon has a total shareholder equity of CN¥59.1B and total debt of CN¥265.1B, which brings its debt-to-equity ratio to 449%. Its total assets and total liabilities are CN¥361.6B and CN¥302.6B respectively.

Key information

449.0%

Debt to equity ratio

CN¥265.15b

Debt

Interest coverage ration/a
CashCN¥27.11b
EquityCN¥59.05b
Total liabilitiesCN¥302.59b
Total assetsCN¥361.64b

Recent financial health updates

No updates

Recent updates

Far East Horizon Limited's (HKG:3360) Prospects Need A Boost To Lift Shares

Dec 03
Far East Horizon Limited's (HKG:3360) Prospects Need A Boost To Lift Shares

Insufficient Growth At Far East Horizon Limited (HKG:3360) Hampers Share Price

Jul 12
Insufficient Growth At Far East Horizon Limited (HKG:3360) Hampers Share Price

Far East Horizon (HKG:3360) Has Announced That It Will Be Increasing Its Dividend To CN¥0.50

Jun 07
Far East Horizon (HKG:3360) Has Announced That It Will Be Increasing Its Dividend To CN¥0.50

Far East Horizon (HKG:3360) Is Increasing Its Dividend To CN¥0.50

May 01
Far East Horizon (HKG:3360) Is Increasing Its Dividend To CN¥0.50

Far East Horizon's (HKG:3360) Upcoming Dividend Will Be Larger Than Last Year's

Apr 17
Far East Horizon's (HKG:3360) Upcoming Dividend Will Be Larger Than Last Year's

Far East Horizon (HKG:3360) Has Announced That It Will Be Increasing Its Dividend To HK$0.42

Apr 27
Far East Horizon (HKG:3360) Has Announced That It Will Be Increasing Its Dividend To HK$0.42

Far East Horizon's (HKG:3360) Upcoming Dividend Will Be Larger Than Last Year's

Apr 12
Far East Horizon's (HKG:3360) Upcoming Dividend Will Be Larger Than Last Year's

Should You Be Adding Far East Horizon (HKG:3360) To Your Watchlist Today?

Jul 26
Should You Be Adding Far East Horizon (HKG:3360) To Your Watchlist Today?

What To Know Before Buying Far East Horizon Limited (HKG:3360) For Its Dividend

May 03
What To Know Before Buying Far East Horizon Limited (HKG:3360) For Its Dividend

With EPS Growth And More, Far East Horizon (HKG:3360) Is Interesting

Apr 12
With EPS Growth And More, Far East Horizon (HKG:3360) Is Interesting

Did You Participate In Any Of Far East Horizon's (HKG:3360) Respectable 69% Return?

Feb 14
Did You Participate In Any Of Far East Horizon's (HKG:3360) Respectable 69% Return?

Is Far East Horizon Limited (HKG:3360) An Attractive Dividend Stock?

Jan 17
Is Far East Horizon Limited (HKG:3360) An Attractive Dividend Stock?

Our Take On Far East Horizon's (HKG:3360) CEO Salary

Dec 20
Our Take On Far East Horizon's (HKG:3360) CEO Salary

Is Far East Horizon Limited (HKG:3360) Popular Amongst Institutions?

Nov 29
Is Far East Horizon Limited (HKG:3360) Popular Amongst Institutions?

Financial Position Analysis

Short Term Liabilities: 3360's short term assets (CN¥294.6B) exceed its short term liabilities (CN¥150.5B).

Long Term Liabilities: 3360's short term assets (CN¥294.6B) exceed its long term liabilities (CN¥152.0B).


Debt to Equity History and Analysis

Debt Level: 3360's net debt to equity ratio (403.1%) is considered high.

Reducing Debt: 3360's debt to equity ratio has increased from 407% to 449% over the past 5 years.

Debt Coverage: 3360's debt is not well covered by operating cash flow (4.3%).

Interest Coverage: Insufficient data to determine if 3360's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 17:17
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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 .

Analyst Sources

Far East Horizon Limited is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cheng Yu ChangBNP Paribas Securities (Asia)
Cheng ZhouBofA Global Research
Zeyu YaoChina International Capital Corporation Limited