Pacific Millennium Packaging Group Corporation

SEHK:1820 Stock Report

Market Cap: HK$1.9b

Pacific Millennium Packaging Group Balance Sheet Health

Financial Health criteria checks 5/6

Pacific Millennium Packaging Group has a total shareholder equity of CN¥585.4M and total debt of CN¥372.4M, which brings its debt-to-equity ratio to 63.6%. Its total assets and total liabilities are CN¥1.7B and CN¥1.1B respectively. Pacific Millennium Packaging Group's EBIT is CN¥57.0M making its interest coverage ratio 2. It has cash and short-term investments of CN¥166.4M.

Key information

63.6%

Debt to equity ratio

CN¥372.35m

Debt

Interest coverage ratio2x
CashCN¥166.39m
EquityCN¥585.38m
Total liabilitiesCN¥1.08b
Total assetsCN¥1.66b

Recent financial health updates

Recent updates

Some Investors May Be Willing To Look Past Pacific Millennium Packaging Group's (HKG:1820) Soft Earnings

Apr 29
Some Investors May Be Willing To Look Past Pacific Millennium Packaging Group's (HKG:1820) Soft Earnings

Pacific Millennium Packaging Group (HKG:1820) Has Affirmed Its Dividend Of CN¥0.08

Apr 25
Pacific Millennium Packaging Group (HKG:1820) Has Affirmed Its Dividend Of CN¥0.08

Pacific Millennium Packaging Group (HKG:1820) Has Affirmed Its Dividend Of CN¥0.08

Aug 31
Pacific Millennium Packaging Group (HKG:1820) Has Affirmed Its Dividend Of CN¥0.08

Pacific Millennium Packaging Group's (HKG:1820) Shareholders Will Receive A Smaller Dividend Than Last Year

May 26
Pacific Millennium Packaging Group's (HKG:1820) Shareholders Will Receive A Smaller Dividend Than Last Year

Pacific Millennium Packaging Group (HKG:1820) Is Reducing Its Dividend To HK$0.08

Apr 27
Pacific Millennium Packaging Group (HKG:1820) Is Reducing Its Dividend To HK$0.08

Pacific Millennium Packaging Group's (HKG:1820) Problems Go Beyond Weak Profit

Sep 27
Pacific Millennium Packaging Group's (HKG:1820) Problems Go Beyond Weak Profit

Here's Why Pacific Millennium Packaging Group (HKG:1820) Can Manage Its Debt Responsibly

May 18
Here's Why Pacific Millennium Packaging Group (HKG:1820) Can Manage Its Debt Responsibly

Here's What You Should Know About Pacific Millennium Packaging Group Corporation's (HKG:1820) 5.1% Dividend Yield

Apr 30
Here's What You Should Know About Pacific Millennium Packaging Group Corporation's (HKG:1820) 5.1% Dividend Yield

The Returns At Pacific Millennium Packaging Group (HKG:1820) Aren't Growing

Mar 31
The Returns At Pacific Millennium Packaging Group (HKG:1820) Aren't Growing

Pacific Millennium Packaging Group Corporation's (HKG:1820) Stock Has Fared Decently: Is the Market Following Strong Financials?

Feb 28
Pacific Millennium Packaging Group Corporation's (HKG:1820) Stock Has Fared Decently: Is the Market Following Strong Financials?

Investors Who Bought Pacific Millennium Packaging Group (HKG:1820) Shares A Year Ago Are Now Up 27%

Feb 01
Investors Who Bought Pacific Millennium Packaging Group (HKG:1820) Shares A Year Ago Are Now Up 27%

You Have To Love Pacific Millennium Packaging Group Corporation's (HKG:1820) Dividend

Jan 06
You Have To Love Pacific Millennium Packaging Group Corporation's (HKG:1820) Dividend

Here's What To Make Of Pacific Millennium Packaging Group's (HKG:1820) Returns On Capital

Dec 11
Here's What To Make Of Pacific Millennium Packaging Group's (HKG:1820) Returns On Capital

Is Pacific Millennium Packaging Group Corporation's (HKG:1820) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Nov 20
Is Pacific Millennium Packaging Group Corporation's (HKG:1820) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Financial Position Analysis

Short Term Liabilities: 1820's short term assets (CN¥874.7M) exceed its short term liabilities (CN¥755.5M).

Long Term Liabilities: 1820's short term assets (CN¥874.7M) exceed its long term liabilities (CN¥320.9M).


Debt to Equity History and Analysis

Debt Level: 1820's net debt to equity ratio (35.2%) is considered satisfactory.

Reducing Debt: 1820's debt to equity ratio has reduced from 66.2% to 63.6% over the past 5 years.

Debt Coverage: 1820's debt is well covered by operating cash flow (45%).

Interest Coverage: 1820's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


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