Haosen Fintech Group Limited

SEHK:3848 Stock Report

Market Cap: HK$420.9m

Haosen Fintech Group Balance Sheet Health

Financial Health criteria checks 4/6

Haosen Fintech Group has a total shareholder equity of CN¥573.7M and total debt of CN¥176.8M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are CN¥784.7M and CN¥211.0M respectively.

Key information

30.8%

Debt to equity ratio

CN¥176.84m

Debt

Interest coverage ration/a
CashCN¥26.34m
EquityCN¥573.70m
Total liabilitiesCN¥210.98m
Total assetsCN¥784.68m

Recent financial health updates

No updates

Recent updates

Haosen Fintech Group Limited's (HKG:3848) 47% Price Boost Is Out Of Tune With Earnings

May 24
Haosen Fintech Group Limited's (HKG:3848) 47% Price Boost Is Out Of Tune With Earnings

Investors Don't See Light At End Of Haosen Fintech Group Limited's (HKG:3848) Tunnel And Push Stock Down 91%

Apr 09
Investors Don't See Light At End Of Haosen Fintech Group Limited's (HKG:3848) Tunnel And Push Stock Down 91%

What Type Of Shareholders Make Up Wealthy Way Group Limited's (HKG:3848) Share Registry?

Mar 01
What Type Of Shareholders Make Up Wealthy Way Group Limited's (HKG:3848) Share Registry?

Can You Imagine How Wealthy Way Group's (HKG:3848) Shareholders Feel About The 25% Share Price Increase?

Jan 24
Can You Imagine How Wealthy Way Group's (HKG:3848) Shareholders Feel About The 25% Share Price Increase?

What Type Of Shareholders Make Up Wealthy Way Group Limited's (HKG:3848) Share Registry?

Nov 30
What Type Of Shareholders Make Up Wealthy Way Group Limited's (HKG:3848) Share Registry?

Financial Position Analysis

Short Term Liabilities: 3848's short term assets (CN¥728.9M) exceed its short term liabilities (CN¥209.2M).

Long Term Liabilities: 3848's short term assets (CN¥728.9M) exceed its long term liabilities (CN¥1.7M).


Debt to Equity History and Analysis

Debt Level: 3848's net debt to equity ratio (26.2%) is considered satisfactory.

Reducing Debt: 3848's debt to equity ratio has reduced from 115.9% to 30.8% over the past 5 years.

Debt Coverage: 3848's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 3848's interest payments on its debt are well covered by EBIT.


Balance Sheet


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