Shunten International (Holdings) Limited

SEHK:932 Stock Report

Market Cap: HK$93.2m

Shunten International (Holdings) Balance Sheet Health

Financial Health criteria checks 4/6

Shunten International (Holdings) has a total shareholder equity of HK$171.6M and total debt of HK$136.9M, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are HK$344.3M and HK$172.7M respectively. Shunten International (Holdings)'s EBIT is HK$26.6M making its interest coverage ratio 3.4. It has cash and short-term investments of HK$12.7M.

Key information

79.8%

Debt to equity ratio

HK$136.87m

Debt

Interest coverage ratio3.4x
CashHK$12.70m
EquityHK$171.61m
Total liabilitiesHK$172.73m
Total assetsHK$344.33m

Recent financial health updates

Recent updates

Shunten International (Holdings) Limited (HKG:932) Stock Rockets 46% As Investors Are Less Pessimistic Than Expected

Oct 02
Shunten International (Holdings) Limited (HKG:932) Stock Rockets 46% As Investors Are Less Pessimistic Than Expected

Investors Don't See Light At End Of Shunten International (Holdings) Limited's (HKG:932) Tunnel And Push Stock Down 40%

Aug 07
Investors Don't See Light At End Of Shunten International (Holdings) Limited's (HKG:932) Tunnel And Push Stock Down 40%

Is Shunten International (Holdings) (HKG:932) A Risky Investment?

Jul 12
Is Shunten International (Holdings) (HKG:932) A Risky Investment?

Does Shunten International (Holdings) (HKG:932) Have A Healthy Balance Sheet?

Mar 28
Does Shunten International (Holdings) (HKG:932) Have A Healthy Balance Sheet?

Earnings Troubles May Signal Larger Issues for Shunten International (Holdings) (HKG:932) Shareholders

Dec 27
Earnings Troubles May Signal Larger Issues for Shunten International (Holdings) (HKG:932) Shareholders

Unpleasant Surprises Could Be In Store For Shunten International (Holdings) Limited's (HKG:932) Shares

Sep 13
Unpleasant Surprises Could Be In Store For Shunten International (Holdings) Limited's (HKG:932) Shares

Shunten International (Holdings) (HKG:932) Takes On Some Risk With Its Use Of Debt

Aug 09
Shunten International (Holdings) (HKG:932) Takes On Some Risk With Its Use Of Debt

Is Shunten International (Holdings) (HKG:932) A Risky Investment?

Feb 20
Is Shunten International (Holdings) (HKG:932) A Risky Investment?

Robust Earnings May Not Tell The Whole Story For Shunten International (Holdings) (HKG:932)

Dec 29
Robust Earnings May Not Tell The Whole Story For Shunten International (Holdings) (HKG:932)

These 4 Measures Indicate That Shunten International (Holdings) (HKG:932) Is Using Debt Extensively

Jul 12
These 4 Measures Indicate That Shunten International (Holdings) (HKG:932) Is Using Debt Extensively

Is Shunten International (Holdings) (HKG:932) A Risky Investment?

Aug 09
Is Shunten International (Holdings) (HKG:932) A Risky Investment?

A Look At The Intrinsic Value Of Shunten International (Holdings) Limited (HKG:932)

Feb 19
A Look At The Intrinsic Value Of Shunten International (Holdings) Limited (HKG:932)

Here's Why Shunten International (Holdings) (HKG:932) Can Manage Its Debt Responsibly

Jan 15
Here's Why Shunten International (Holdings) (HKG:932) Can Manage Its Debt Responsibly

Trade Alert: The Independent Non-Executive Director Of Shunten International (Holdings) Limited (HKG:932), Kin Yip Tam, Has Sold Some Shares Recently

Dec 11
Trade Alert: The Independent Non-Executive Director Of Shunten International (Holdings) Limited (HKG:932), Kin Yip Tam, Has Sold Some Shares Recently

Financial Position Analysis

Short Term Liabilities: 932's short term assets (HK$86.0M) do not cover its short term liabilities (HK$165.5M).

Long Term Liabilities: 932's short term assets (HK$86.0M) exceed its long term liabilities (HK$7.2M).


Debt to Equity History and Analysis

Debt Level: 932's net debt to equity ratio (72.4%) is considered high.

Reducing Debt: 932's debt to equity ratio has reduced from 181.3% to 79.8% over the past 5 years.

Debt Coverage: 932's debt is well covered by operating cash flow (28.3%).

Interest Coverage: 932's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


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