Huasheng International Holding Balance Sheet Health
Financial Health criteria checks 6/6
Huasheng International Holding has a total shareholder equity of HK$953.9M and total debt of HK$325.5M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are HK$1.6B and HK$628.7M respectively. Huasheng International Holding's EBIT is HK$8.8M making its interest coverage ratio 0.4. It has cash and short-term investments of HK$140.5M.
Key information
34.1%
Debt to equity ratio
HK$325.52m
Debt
| Interest coverage ratio | 0.4x |
| Cash | HK$140.52m |
| Equity | HK$953.93m |
| Total liabilities | HK$628.65m |
| Total assets | HK$1.58b |
Recent financial health updates
Here's Why Huasheng International Holding (HKG:1323) Can Manage Its Debt Responsibly
Dec 01
These 4 Measures Indicate That Huasheng International Holding (HKG:1323) Is Using Debt Reasonably Well
Aug 30Huasheng International Holding (HKG:1323) Has A Pretty Healthy Balance Sheet
Nov 26We Think Huasheng International Holding (HKG:1323) Can Stay On Top Of Its Debt
Dec 26Here's Why Huasheng International Holding (HKG:1323) Can Manage Its Debt Responsibly
Feb 25Here's Why Huasheng International Holding (HKG:1323) Can Manage Its Debt Responsibly
Jun 29Recent updates
Here's Why Huasheng International Holding (HKG:1323) Can Manage Its Debt Responsibly
Dec 01These 4 Measures Indicate That Huasheng International Holding (HKG:1323) Is Using Debt Reasonably Well
Aug 30Huasheng International Holding (HKG:1323) Has A Pretty Healthy Balance Sheet
Nov 26We Think Huasheng International Holding (HKG:1323) Can Stay On Top Of Its Debt
Dec 26Here's Why Huasheng International Holding (HKG:1323) Can Manage Its Debt Responsibly
Feb 25We Believe Huasheng International Holding's (HKG:1323) Earnings Are A Poor Guide For Its Profitability
Dec 03Huasheng International Holding Limited's (HKG:1323) CEO Compensation Is Looking A Bit Stretched At The Moment
Aug 06Here's Why Huasheng International Holding (HKG:1323) Can Manage Its Debt Responsibly
Jun 29If You Had Bought Huasheng International Holding (HKG:1323) Stock Three Years Ago, You Could Pocket A 86% Gain Today
Jan 11
Financial Position Analysis
Short Term Liabilities: 1323's short term assets (HK$1.1B) exceed its short term liabilities (HK$412.4M).
Long Term Liabilities: 1323's short term assets (HK$1.1B) exceed its long term liabilities (HK$216.3M).
Debt to Equity History and Analysis
Debt Level: 1323's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: 1323's debt to equity ratio has reduced from 35.1% to 34.1% 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: Whilst unprofitable 1323 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1323 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
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| 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
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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
Huasheng International Holding Limited is covered by 0 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 |
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