Universal Star (Holdings) Balance Sheet Health

Financial Health criteria checks 3/6

Universal Star (Holdings) has a total shareholder equity of CN¥392.1M and total debt of CN¥26.0M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are CN¥495.0M and CN¥102.9M respectively.

Key information

6.6%

Debt to equity ratio

CN¥26.00m

Debt

Interest coverage ratio	n/a
Cash	CN¥78.18m
Equity	CN¥392.07m
Total liabilities	CN¥102.92m
Total assets	CN¥494.99m

Recent financial health updates

Is Universal Star (Holdings) (HKG:2346) Using Debt Sensibly?

Apr 26

Recent updates

Is Universal Star (Holdings) (HKG:2346) Using Debt Sensibly?

Apr 26

Universal Star (Holdings) (HKG:2346) Is Growing Earnings But Are They A Good Guide?

Jan 09

Financial Position Analysis

Short Term Liabilities: 2346's short term assets (CN¥358.7M) exceed its short term liabilities (CN¥91.7M).

Long Term Liabilities: 2346's short term assets (CN¥358.7M) exceed its long term liabilities (CN¥11.2M).

Debt to Equity History and Analysis

Debt Level: 2346 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 2346's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 2346's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 2346's interest payments on its debt are well covered by EBIT.

Universal Star (Holdings) Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Universal Star Holdings Ordinary Shares to Be Deleted from OTC Equity

Is Universal Star (Holdings) (HKG:2346) Using Debt Sensibly?

Recent updates

Universal Star (Holdings) Limited Announces Resignation of Tsang Ho Pong as an Independent Non-Executive Director, Chairman of the Audit Committee of the Company and Member of the Nomination Committee

Universal Star (Holdings) Limited Announces the Resignation of Mr. Leung Yiu Cho as Company Secretary and Authorised Representatives, with Effect from 29 January 2024

Universal Star (Holdings) Limited Announces Appointment of Tsang Ho Pong as Independent Non-Executive Director, the Chairman of the Audit Committee and A Member of the Nomination Committee, November 1, 2023

Universal Star (Holdings) Limited Announces Resignation of Cheung on Kit Andrew as an Independent Non-Executive Director, Chairman of the Audit Committee of the Company and Member of the Nomination Committee

Universal Star (Holdings) Limited Announces Resignation of Lu Qingxing as Non-Executive Director, with Effect from January 1, 2023

Universal Star (Holdings) Announces Appointment Cheung on Kit Andrew of an Independent Non-Executive Director, the Chairman of the Audit Committee and A Member of the Nomination Committee

Universal Star Holdings Ordinary Shares to Be Deleted from OTC Equity

Less than half of directors are independent

Universal Star (Holdings) Limited Announces Executive Changes

Universal Star (Holdings) Limited to Report Fiscal Year 2021 Final Results on Mar 30, 2022

Investor sentiment improved over the past week

First half 2021 earnings released: EPS CN¥0.01 (vs CN¥0.094 in 1H 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Company Secretary Hiu Tung So has left the company

Independent Non-Executive Director Ming Tak Lee has left the company

Independent Non-Executive Director Chun Yiu Tsang has left the company

Universal Star (Holdings) Limited has completed a Follow-on Equity Offering in the amount of HKD 15.27434 million.

Is Universal Star (Holdings) (HKG:2346) Using Debt Sensibly?

Universal Star (Holdings) Limited to Report Fiscal Year 2020 Results on Mar 31, 2021

Universal Star (Holdings) Limited Announces Executive Changes

Universal Star (Holdings) Limited Announces Change of Address of Principal Place of Business in Hong Kong

Universal Star (Holdings) (HKG:2346) Is Growing Earnings But Are They A Good Guide?

New 90-day high: HK$0.29

Universal Star (Holdings) Limited Appoints Tsang Chun Yiu as an Independent Non-Executive Director, Chairman of the Audit Committee and A Member of the Nomination Committee

New 90-day low: HK$0.21

New 90-day low: HK$0.24

Universal Star (Holdings) Limited Announces Resignation of Fan Chun Wah, Andrew, J.P as Independent Non-Executive Director

New 90-day low: HK$0.26

First half earnings released

First half earnings released

New 90-day low - HK$0.29

Universal Star (Holdings) Limited to Report First Half, 2020 Results on Aug 27, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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