Prosperous Future Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Prosperous Future Holdings has a total shareholder equity of HK$608.0M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$761.4M and HK$153.5M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$328.25m |
| Equity | HK$607.95m |
| Total liabilities | HK$153.49m |
| Total assets | HK$761.44m |
Recent financial health updates
Recent updates
Prosperous Future Holdings Limited (HKG:1259) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Dec 18
There's No Escaping Prosperous Future Holdings Limited's (HKG:1259) Muted Revenues Despite A 27% Share Price Rise
Oct 22The Market Doesn't Like What It Sees From Prosperous Future Holdings Limited's (HKG:1259) Revenues Yet As Shares Tumble 31%
Sep 06Prosperous Future Holdings Limited's (HKG:1259) Shares Lagging The Industry But So Is The Business
Jul 23Prosperous Future Holdings Limited's (HKG:1259) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
Mar 05Prosperous Future Holdings Limited's (HKG:1259) Business And Shares Still Trailing The Industry
Dec 20Prosperous Future Holdings Limited's (HKG:1259) Revenues Are Not Doing Enough For Some Investors
Jul 18Despite Lacking Profits Prosperous Future Holdings (HKG:1259) Seems To Be On Top Of Its Debt
Dec 29Financial Position Analysis
Short Term Liabilities: 1259's short term assets (HK$535.6M) exceed its short term liabilities (HK$149.5M).
Long Term Liabilities: 1259's short term assets (HK$535.6M) exceed its long term liabilities (HK$4.0M).
Debt to Equity History and Analysis
Debt Level: 1259 is debt free.
Reducing Debt: 1259 has no debt compared to 5 years ago when its debt to equity ratio was 28%.
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: 1259 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1259 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 37.9% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 09:32 |
| 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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Prosperous Future Holdings Limited is covered by 7 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 |
|---|---|
| null null | CCB International Securities Limited |
| Mandy Shek | CGS International |
| Yan Gu | China Everbright Research Limited |