CSSC (Hong Kong) Shipping Balance Sheet Health
Financial Health criteria checks 3/6
CSSC (Hong Kong) Shipping has a total shareholder equity of HK$13.7B and total debt of HK$28.7B, which brings its debt-to-equity ratio to 210.3%. Its total assets and total liabilities are HK$43.8B and HK$30.1B respectively.
Key information
210.3%
Debt to equity ratio
HK$28.74b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$2.30b |
| Equity | HK$13.67b |
| Total liabilities | HK$30.12b |
| Total assets | HK$43.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3877's short term assets (HK$24.4B) exceed its short term liabilities (HK$10.6B).
Long Term Liabilities: 3877's short term assets (HK$24.4B) exceed its long term liabilities (HK$19.5B).
Debt to Equity History and Analysis
Debt Level: 3877's net debt to equity ratio (193.5%) is considered high.
Reducing Debt: 3877's debt to equity ratio has reduced from 252.4% to 210.3% over the past 5 years.
Debt Coverage: 3877's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: Insufficient data to determine if 3877's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 19:23 |
| End of Day Share Price | 2024/12/30 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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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
CSSC (Hong Kong) Shipping Company Limited is covered by 6 analysts. 2 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 |
|---|---|
| Timothy Lee | CLSA |
| null null | CMB International Securities Limited |
| Paul Yong | DBS Bank Ltd |