China Hongqiao Group Balance Sheet Health
Financial Health criteria checks 6/6
China Hongqiao Group has a total shareholder equity of CN¥110.1B and total debt of CN¥68.5B, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are CN¥213.7B and CN¥103.6B respectively. China Hongqiao Group's EBIT is CN¥27.4B making its interest coverage ratio 13.1. It has cash and short-term investments of CN¥37.5B.
Key information
62.2%
Debt to equity ratio
CN¥68.51b
Debt
| Interest coverage ratio | 13.1x |
| Cash | CN¥37.50b |
| Equity | CN¥110.08b |
| Total liabilities | CN¥103.63b |
| Total assets | CN¥213.71b |
Recent financial health updates
No updates
Recent updates
China Hongqiao Group Limited (HKG:1378) Stock Catapults 28% Though Its Price And Business Still Lag The Market
Oct 02
China Hongqiao Group Limited (HKG:1378) Interim Results: Here's What Analysts Are Forecasting For This Year
Sep 19China Hongqiao Group Limited (HKG:1378) Half-Year Results: Here's What Analysts Are Forecasting For This Year
Aug 19China Hongqiao Group (HKG:1378) Might Have The Makings Of A Multi-Bagger
Jul 17Market Participants Recognise China Hongqiao Group Limited's (HKG:1378) Earnings Pushing Shares 26% Higher
May 21Shareholders Will Likely Find China Hongqiao Group Limited's (HKG:1378) CEO Compensation Acceptable
May 07China Hongqiao Group's (HKG:1378) Dividend Will Be CN¥0.29
Apr 25China Hongqiao Group Limited's (HKG:1378) Shares Bounce 34% But Its Business Still Trails The Market
Mar 25China Hongqiao Group (HKG:1378) Will Be Looking To Turn Around Its Returns
Mar 01Risks To Shareholder Returns Are Elevated At These Prices For China Hongqiao Group Limited (HKG:1378)
Dec 20Financial Position Analysis
Short Term Liabilities: 1378's short term assets (CN¥97.0B) exceed its short term liabilities (CN¥76.5B).
Long Term Liabilities: 1378's short term assets (CN¥97.0B) exceed its long term liabilities (CN¥27.2B).
Debt to Equity History and Analysis
Debt Level: 1378's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: 1378's debt to equity ratio has reduced from 124% to 62.2% over the past 5 years.
Debt Coverage: 1378's debt is well covered by operating cash flow (43.2%).
Interest Coverage: 1378's interest payments on its debt are well covered by EBIT (13.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 16:46 |
| End of Day Share Price | 2024/12/18 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 |
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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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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
China Hongqiao Group Limited is covered by 42 analysts. 19 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 |
|---|---|
| Ephrem Ravi | Barclays |
| Shuai Wang | BNP Paribas Securities (Asia) |
| Kunal Agrawal | BNP Paribas Securities (Asia) |