China Financial Services Holdings Balance Sheet Health
Financial Health criteria checks 2/6
China Financial Services Holdings has a total shareholder equity of HK$675.8M and total debt of HK$1.0B, which brings its debt-to-equity ratio to 148.9%. Its total assets and total liabilities are HK$2.0B and HK$1.4B respectively. China Financial Services Holdings's EBIT is HK$23.9M making its interest coverage ratio 0.6. It has cash and short-term investments of HK$320.7M.
Key information
148.9%
Debt to equity ratio
HK$1.01b
Debt
| Interest coverage ratio | 0.6x |
| Cash | HK$320.72m |
| Equity | HK$675.78m |
| Total liabilities | HK$1.37b |
| Total assets | HK$2.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605's short term assets (HK$1.5B) exceed its short term liabilities (HK$1.3B).
Long Term Liabilities: 605's short term assets (HK$1.5B) exceed its long term liabilities (HK$47.1M).
Debt to Equity History and Analysis
Debt Level: 605's net debt to equity ratio (101.4%) is considered high.
Reducing Debt: 605's debt to equity ratio has increased from 51.3% to 148.9% over the past 5 years.
Debt Coverage: 605's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: 605's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 12:02 |
| End of Day Share Price | 2024/12/20 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China Financial Services Holdings Limited is covered by 3 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 |
|---|---|
| Alexander Lee | DBS Vickers Research |
| Nicole Wu | DBS Vickers Research |
| Steven Chan | Maybank Research Pte. Ltd. |