Netjoy Holdings Limited

SEHK:2131 Stock Report

Market Cap: HK$420.6m

Netjoy Holdings Balance Sheet Health

Financial Health criteria checks 3/6

Netjoy Holdings has a total shareholder equity of CN¥1.4B and total debt of CN¥451.5M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are CN¥2.8B and CN¥1.4B respectively. Netjoy Holdings's EBIT is CN¥9.7M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥482.8M.

Key information

31.5%

Debt to equity ratio

CN¥451.45m

Debt

Interest coverage ratio0.6x
CashCN¥482.83m
EquityCN¥1.43b
Total liabilitiesCN¥1.42b
Total assetsCN¥2.85b

Recent financial health updates

Netjoy Holdings (HKG:2131) Seems To Use Debt Quite Sensibly

Nov 25
Netjoy Holdings (HKG:2131) Seems To Use Debt Quite Sensibly

Recent updates

Netjoy Holdings (HKG:2131) Seems To Use Debt Quite Sensibly

Nov 25
Netjoy Holdings (HKG:2131) Seems To Use Debt Quite Sensibly

Netjoy Holdings Limited (HKG:2131) Held Back By Insufficient Growth Even After Shares Climb 43%

Oct 02
Netjoy Holdings Limited (HKG:2131) Held Back By Insufficient Growth Even After Shares Climb 43%

This Is Why Shareholders May Want To Hold Back On A Pay Rise For Netjoy Holdings Limited's (HKG:2131) CEO

Jun 17
This Is Why Shareholders May Want To Hold Back On A Pay Rise For Netjoy Holdings Limited's (HKG:2131) CEO

There's No Escaping Netjoy Holdings Limited's (HKG:2131) Muted Revenues Despite A 31% Share Price Rise

May 06
There's No Escaping Netjoy Holdings Limited's (HKG:2131) Muted Revenues Despite A 31% Share Price Rise

Even With A 27% Surge, Cautious Investors Are Not Rewarding Netjoy Holdings Limited's (HKG:2131) Performance Completely

Mar 14
Even With A 27% Surge, Cautious Investors Are Not Rewarding Netjoy Holdings Limited's (HKG:2131) Performance Completely

Market Cool On Netjoy Holdings Limited's (HKG:2131) Revenues Pushing Shares 26% Lower

Dec 22
Market Cool On Netjoy Holdings Limited's (HKG:2131) Revenues Pushing Shares 26% Lower

Why Investors Shouldn't Be Surprised By Netjoy Holdings Limited's (HKG:2131) Low P/S

Aug 14
Why Investors Shouldn't Be Surprised By Netjoy Holdings Limited's (HKG:2131) Low P/S

Netjoy Holdings' (HKG:2131) Returns On Capital Not Reflecting Well On The Business

Feb 15
Netjoy Holdings' (HKG:2131) Returns On Capital Not Reflecting Well On The Business

Be Wary Of Netjoy Holdings (HKG:2131) And Its Returns On Capital

Nov 08
Be Wary Of Netjoy Holdings (HKG:2131) And Its Returns On Capital

Some Investors May Be Worried About Netjoy Holdings' (HKG:2131) Returns On Capital

Aug 01
Some Investors May Be Worried About Netjoy Holdings' (HKG:2131) Returns On Capital

There Are Reasons To Feel Uneasy About Netjoy Holdings' (HKG:2131) Returns On Capital

Mar 16
There Are Reasons To Feel Uneasy About Netjoy Holdings' (HKG:2131) Returns On Capital

Some Investors May Be Worried About Netjoy Holdings' (HKG:2131) Returns On Capital

Dec 15
Some Investors May Be Worried About Netjoy Holdings' (HKG:2131) Returns On Capital

Netjoy Holdings' (HKG:2131) Earnings Are Weaker Than They Seem

May 05
Netjoy Holdings' (HKG:2131) Earnings Are Weaker Than They Seem

What Kind Of Shareholders Hold The Majority In Netjoy Holdings Limited's (HKG:2131) Shares?

Mar 17
What Kind Of Shareholders Hold The Majority In Netjoy Holdings Limited's (HKG:2131) Shares?

Financial Position Analysis

Short Term Liabilities: 2131's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.4B).

Long Term Liabilities: 2131's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥8.5M).

Debt to Equity History and Analysis

Debt Level: 2131 has more cash than its total debt.

Reducing Debt: 2131's debt to equity ratio has increased from 24.3% to 31.5% over the past 5 years.

Debt Coverage: 2131's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 2131's interest payments on its debt are not well covered by EBIT (0.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 12:21
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Netjoy Holdings Limited is covered by 3 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.

AnalystInstitution
Ka Kit PoCGS International
Ka Kit PoChina Galaxy International Securities (Hong Kong)
Yuncong MaoHaitong International Research Limited