Sun Kong Holdings Limited

SEHK:8631 Stock Report

Market Cap: HK$27.6m

Sun Kong Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Sun Kong Holdings has a total shareholder equity of HK$24.5M and total debt of HK$19.5M, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are HK$48.3M and HK$23.8M respectively.

Key information

79.5%

Debt to equity ratio

HK$19.49m

Debt

Interest coverage ration/a
CashHK$476.00k
EquityHK$24.51m
Total liabilitiesHK$23.83m
Total assetsHK$48.34m

Recent financial health updates

Recent updates

The Market Doesn't Like What It Sees From Sun Kong Holdings Limited's (HKG:8631) Revenues Yet As Shares Tumble 29%

Apr 26
The Market Doesn't Like What It Sees From Sun Kong Holdings Limited's (HKG:8631) Revenues Yet As Shares Tumble 29%

Sun Kong Holdings Limited (HKG:8631) Not Doing Enough For Some Investors As Its Shares Slump 33%

Feb 21
Sun Kong Holdings Limited (HKG:8631) Not Doing Enough For Some Investors As Its Shares Slump 33%

We Think Sun Kong Holdings (HKG:8631) Has A Fair Chunk Of Debt

Nov 12
We Think Sun Kong Holdings (HKG:8631) Has A Fair Chunk Of Debt

Sun Kong Holdings Limited (HKG:8631) Not Doing Enough For Some Investors As Its Shares Slump 30%

Aug 24
Sun Kong Holdings Limited (HKG:8631) Not Doing Enough For Some Investors As Its Shares Slump 30%

Sun Kong Holdings (HKG:8631) Is Making Moderate Use Of Debt

Jul 07
Sun Kong Holdings (HKG:8631) Is Making Moderate Use Of Debt

Estimating The Intrinsic Value Of Sun Kong Holdings Limited (HKG:8631)

Aug 02
Estimating The Intrinsic Value Of Sun Kong Holdings Limited (HKG:8631)

Are Insiders Selling Sun Kong Holdings Limited (HKG:8631) Stock?

Feb 24
Are Insiders Selling Sun Kong Holdings Limited (HKG:8631) Stock?

Financial Position Analysis

Short Term Liabilities: 8631's short term assets (HK$40.5M) exceed its short term liabilities (HK$23.8M).

Long Term Liabilities: 8631 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 8631's net debt to equity ratio (77.6%) is considered high.

Reducing Debt: 8631's debt to equity ratio has increased from 2.2% to 79.5% 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: 8631 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 8631 has less than a year of cash runway if free cash flow continues to grow at historical rates of 40.1% each year.


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