China Kingstone Mining Holdings Balance Sheet Health

Financial Health criteria checks 5/6

China Kingstone Mining Holdings has a total shareholder equity of CN¥150.9M and total debt of CN¥15.1M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are CN¥212.3M and CN¥61.4M respectively.

Key information

10.0%

Debt to equity ratio

CN¥15.13m

Debt

Interest coverage ratio	n/a
Cash	CN¥4.66m
Equity	CN¥150.90m
Total liabilities	CN¥61.44m
Total assets	CN¥212.34m

Recent financial health updates

China Kingstone Mining Holdings (HKG:1380) Has Debt But No Earnings; Should You Worry?

Mar 28

Recent updates

China Kingstone Mining Holdings (HKG:1380) Has Debt But No Earnings; Should You Worry?

Mar 28

Here's Why China Kingstone Mining Holdings (HKG:1380) Can Afford Some Debt

Sep 02

Here's Why China Kingstone Mining Holdings (HKG:1380) Can Afford Some Debt

Dec 15

Would China Kingstone Mining Holdings (HKG:1380) Be Better Off With Less Debt?

Aug 30

Is China Kingstone Mining Holdings (HKG:1380) Using Too Much Debt?

Apr 08

Financial Position Analysis

Short Term Liabilities: 1380's short term assets (CN¥63.3M) exceed its short term liabilities (CN¥58.3M).

Long Term Liabilities: 1380's short term assets (CN¥63.3M) exceed its long term liabilities (CN¥3.1M).

Debt to Equity History and Analysis

Debt Level: 1380's net debt to equity ratio (6.9%) is considered satisfactory.

Reducing Debt: 1380's debt to equity ratio has increased from 0% to 10% 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: 1380 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 1380 has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 49.9% each year.

China Kingstone Mining Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

China Kingstone Mining Holdings (HKG:1380) Has Debt But No Earnings; Should You Worry?

Here's Why China Kingstone Mining Holdings (HKG:1380) Can Afford Some Debt

Here's Why China Kingstone Mining Holdings (HKG:1380) Can Afford Some Debt

Would China Kingstone Mining Holdings (HKG:1380) Be Better Off With Less Debt?

Is China Kingstone Mining Holdings (HKG:1380) Using Too Much Debt?

Recent updates

China Kingstone Mining Holdings Limited, Annual General Meeting, May 31, 2024

China Kingstone Mining Holdings (HKG:1380) Has Debt But No Earnings; Should You Worry?

Full year 2023 earnings released: CN¥0.39 loss per share (vs CN¥0.44 loss in FY 2022)

China Kingstone Mining Holdings Limited to Report Fiscal Year 2023 Results on Mar 26, 2024

New major risk - Market cap size

China Kingstone Mining Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 8.16 million.

Here's Why China Kingstone Mining Holdings (HKG:1380) Can Afford Some Debt

First half 2023 earnings released: CN¥0.062 loss per share (vs CN¥0.16 loss in 1H 2022)

China Kingstone Mining Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023

New major risk - Share price stability

Full year 2022 earnings released: CN¥0.44 loss per share (vs CN¥0.36 loss in FY 2021)

Less than half of directors are independent

Less than half of directors are independent

Here's Why China Kingstone Mining Holdings (HKG:1380) Can Afford Some Debt

Less than half of directors are independent

China Kingstone Mining Holdings Limited Appoints Zu, Rui as an Independent Non-Executive Director, Chairman of Remuneration Committee, Member of Audit Committee and Nomination Committee

China Kingstone Mining Holdings Limited Appoints Li Yunfei as Chief Executive Officer

Would China Kingstone Mining Holdings (HKG:1380) Be Better Off With Less Debt?

First half 2022 earnings released: CN¥0.008 loss per share (vs CN¥0.006 loss in 1H 2021)

China Kingstone Mining Holdings Limited to Report First Half, 2022 Results on Aug 26, 2022

China Kingstone Mining Holdings Limited Announces Resignation of Pei Bing as Independent Non-Executive Director

Less than half of directors are independent

China Kingstone Mining Holdings Limited, Annual General Meeting, Jun 28, 2022

Is China Kingstone Mining Holdings (HKG:1380) Using Too Much Debt?

Full year 2021 earnings released: CN¥0.018 loss per share (vs CN¥0.011 loss in FY 2020)

First half 2021 earnings released: CN¥0.006 loss per share (vs CN¥0.006 loss in 1H 2020)

Independent Non-Executive Director Mehmet Ahmed has left the company

Full year 2020 earnings released: CN¥0.011 loss per share (vs CN¥0.024 loss in FY 2019)

China Kingstone Mining Holdings Limited to Report Fiscal Year 2020 Results on Mar 29, 2021

China Kingstone Mining Holdings Limited Appoints Mr. Mehmet Ertan Ahmed as Independent Non-Executive Director of the Company, the Chairman of Remuneration Committee of the Company, A Member of Audit Committee of the Company and A Member of Nomination Committee

First half earnings released

First half earnings released

China Kingstone Mining Holdings Limited to Report First Half, 2020 Results on Aug 28, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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