Cheerwin Group Balance Sheet Health

Financial Health criteria checks 6/6

Cheerwin Group has a total shareholder equity of CN¥3.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.5B and CN¥510.9M respectively. Cheerwin Group's EBIT is CN¥30.4M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥2.7B.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-0.4x
CashCN¥2.72b
EquityCN¥2.97b
Total liabilitiesCN¥510.86m
Total assetsCN¥3.48b

Recent financial health updates

No updates

Recent updates

Cheerwin Group Limited's (HKG:6601) Intrinsic Value Is Potentially 100% Above Its Share Price

Dec 31
Cheerwin Group Limited's (HKG:6601) Intrinsic Value Is Potentially 100% Above Its Share Price

Cheerwin Group (HKG:6601) Is Increasing Its Dividend To CN¥0.0447

Sep 03
Cheerwin Group (HKG:6601) Is Increasing Its Dividend To CN¥0.0447

Cheerwin Group's (HKG:6601) Shareholders Will Receive A Smaller Dividend Than Last Year

Jun 20
Cheerwin Group's (HKG:6601) Shareholders Will Receive A Smaller Dividend Than Last Year

Cheerwin Group's (HKG:6601) Soft Earnings Don't Show The Whole Picture

Sep 29
Cheerwin Group's (HKG:6601) Soft Earnings Don't Show The Whole Picture

Cheerwin Group (HKG:6601) Is Increasing Its Dividend To HK$0.068

May 12
Cheerwin Group (HKG:6601) Is Increasing Its Dividend To HK$0.068

Estimating The Intrinsic Value Of Cheerwin Group Limited (HKG:6601)

Sep 13
Estimating The Intrinsic Value Of Cheerwin Group Limited (HKG:6601)

Cheerwin Group Limited's (HKG:6601) 26% Share Price Plunge Could Signal Some Risk

Jul 21
Cheerwin Group Limited's (HKG:6601) 26% Share Price Plunge Could Signal Some Risk

Financial Position Analysis

Short Term Liabilities: 6601's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥493.8M).

Long Term Liabilities: 6601's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥17.1M).


Debt to Equity History and Analysis

Debt Level: 6601 is debt free.

Reducing Debt: 6601 has no debt compared to 5 years ago when its debt to equity ratio was 51.7%.

Debt Coverage: 6601 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6601 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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