AMCO United Holding Balance Sheet Health

Financial Health criteria checks 4/6

AMCO United Holding has a total shareholder equity of HK$35.9M and total debt of HK$30.9M, which brings its debt-to-equity ratio to 86%. Its total assets and total liabilities are HK$133.5M and HK$97.6M respectively. AMCO United Holding's EBIT is HK$15.3M making its interest coverage ratio 7.6. It has cash and short-term investments of HK$35.1M.

Key information

86.0%

Debt to equity ratio

HK$30.90m

Debt

Interest coverage ratio	7.6x
Cash	HK$35.08m
Equity	HK$35.93m
Total liabilities	HK$97.60m
Total assets	HK$133.53m

Recent financial health updates

Recent updates

AMCO United Holding (HKG:630) Seems To Use Debt Quite Sensibly

Nov 21

Does AMCO United Holding (HKG:630) Have A Healthy Balance Sheet?

Jun 07

Does AMCO United Holding (HKG:630) Have A Healthy Balance Sheet?

Aug 30

Here's Why AMCO United Holding (HKG:630) Can Afford Some Debt

Sep 24

A Look At The Fair Value Of AMCO United Holding Limited (HKG:630)

Jun 11

Here's Why AMCO United Holding (HKG:630) Can Afford Some Debt

May 31

The AMCO United Holding (HKG:630) Share Price Is Up 84% And Shareholders Are Holding On

Feb 15

Financial Position Analysis

Short Term Liabilities: 630's short term assets (HK$133.5M) exceed its short term liabilities (HK$66.7M).

Long Term Liabilities: 630's short term assets (HK$133.5M) exceed its long term liabilities (HK$30.9M).

Debt to Equity History and Analysis

Debt Level: 630 has more cash than its total debt.

Reducing Debt: 630's debt to equity ratio has increased from 25.9% to 86% over the past 5 years.

Debt Coverage: 630's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 630's interest payments on its debt are well covered by EBIT (7.6x coverage).

AMCO United Holding Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

AMCO United Holding (HKG:630) Seems To Use Debt Quite Sensibly

Does AMCO United Holding (HKG:630) Have A Healthy Balance Sheet?

Does AMCO United Holding (HKG:630) Have A Healthy Balance Sheet?

Here's Why AMCO United Holding (HKG:630) Can Afford Some Debt

Here's Why AMCO United Holding (HKG:630) Can Afford Some Debt

Recent updates

AMCO United Holding (HKG:630) Seems To Use Debt Quite Sensibly

First half 2024 earnings released: HK$0.026 loss per share (vs HK$0.034 loss in 1H 2023)

New major risk - Market cap size

AMCO United Holding Limited to Report First Half, 2024 Results on Aug 30, 2024

New major risk - Share price stability

New minor risk - Share price stability

Does AMCO United Holding (HKG:630) Have A Healthy Balance Sheet?

New major risk - Market cap size

AMCO United Holding Limited, Annual General Meeting, Jun 24, 2024

Full year 2023 earnings released: HK$0.002 loss per share (vs HK$0.19 loss in FY 2022)

New minor risk - Financial data availability

AMCO United Holding Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

AMCO United Holding Limited Announces Chairman Changes

First half 2023 earnings released: HK$0.034 loss per share (vs HK$0.062 loss in 1H 2022)

Does AMCO United Holding (HKG:630) Have A Healthy Balance Sheet?

New major risk - Revenue and earnings growth

AMCO United Holding Limited to Report First Half, 2023 Results on Aug 28, 2023

AMCO United Holding Limited Appoints Ye Mengmei as Independent Non-Executive Director, Member of the Audit Committee, Nomination Committee and the Remuneration Committee of the Board with Effect from 27 June 2023

New major risk - Share price stability

AMCO United Holding Limited, Annual General Meeting, Jun 29, 2023

Full year 2022 earnings released: HK$0.19 loss per share (vs HK$0.037 loss in FY 2021)

AMCO United Holding Limited has completed a Follow-on Equity Offering in the amount of HKD 48.37759 million.

AMCO United Holding Limited Announces Change of Company Secretary

Insufficient new directors

Here's Why AMCO United Holding (HKG:630) Can Afford Some Debt

First half 2022 earnings released: HK$0.012 loss per share (vs HK$0.003 loss in 1H 2021)

AMCO United Holding Limited to Report First Half, 2022 Results on Aug 31, 2022

Now 20% undervalued after recent price drop

A Look At The Fair Value Of AMCO United Holding Limited (HKG:630)

AMCO United Holding Limited, Annual General Meeting, Jun 30, 2022

Insufficient new directors

Full year 2021 earnings released: HK$0.007 loss per share (vs HK$0.017 loss in FY 2020)

First half 2021 earnings released: HK$0.001 loss per share (vs HK$0.006 loss in 1H 2020)

Here's Why AMCO United Holding (HKG:630) Can Afford Some Debt

Full year 2020 earnings released: HK$0.017 loss per share (vs HK$0.019 loss in FY 2019)

AMCO United Holding Limited to Report Fiscal Year 2020 Results on Mar 31, 2021

The AMCO United Holding (HKG:630) Share Price Is Up 84% And Shareholders Are Holding On

Amco United Holding Limited Announces Executive Changes

New 90-day high: HK$0.26

AMCO United Holding Limited Appoints Gong Hongwei as President

Insider recently bought HK$1.5m worth of stock

New 90-day high: HK$0.22

New 90-day high: HK$0.21

New 90-day high: HK$0.20

First half earnings released

First half earnings released

AMCO United Holding Limited to Report First Half, 2020 Results on Aug 31, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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