Mei Ah Entertainment Group Limited

SEHK:391 Stock Report

Market Cap: HK$592.4m

Mei Ah Entertainment Group Balance Sheet Health

Financial Health criteria checks 2/6

Mei Ah Entertainment Group has a total shareholder equity of HK$238.7M and total debt of HK$129.1M, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are HK$569.3M and HK$330.7M respectively.

Key information

54.11%

Debt to equity ratio

HK$129.15m

Debt

Interest coverage ration/a
CashHK$21.97m
EquityHK$238.67m
Total liabilitiesHK$330.65m
Total assetsHK$569.33m

Recent financial health updates

Recent updates

Analysis Article Oct 15

Optimistic Investors Push Mei Ah Entertainment Group Limited (HKG:391) Shares Up 26% But Growth Is Lacking

Mei Ah Entertainment Group Limited ( HKG:391 ) shareholders would be excited to see that the share price has had a...
Analysis Article Feb 24

Mei Ah Entertainment Group Limited's (HKG:391) 37% Price Boost Is Out Of Tune With Revenues

Mei Ah Entertainment Group Limited ( HKG:391 ) shareholders are no doubt pleased to see that the share price has...
Analysis Article Jan 24

Mei Ah Entertainment Group (HKG:391) Is Carrying A Fair Bit Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Oct 25

Mei Ah Entertainment Group (HKG:391) Is Looking To Continue Growing Its Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Sep 20

We Take A Look At Why Mei Ah Entertainment Group Limited's (HKG:391) CEO Has Earned Their Pay Packet

Key Insights Mei Ah Entertainment Group to hold its Annual General Meeting on 27th of September Total pay for CEO Tang...
Analysis Article Aug 19

Optimistic Investors Push Mei Ah Entertainment Group Limited (HKG:391) Shares Up 30% But Growth Is Lacking

The Mei Ah Entertainment Group Limited ( HKG:391 ) share price has done very well over the last month, posting an...
Analysis Article Mar 05

Some Shareholders Feeling Restless Over Mei Ah Entertainment Group Limited's (HKG:391) P/S Ratio

When you see that almost half of the companies in the Entertainment industry in Hong Kong have price-to-sales ratios...
Analysis Article Jan 10

We Think Mei Ah Entertainment Group (HKG:391) Has A Fair Chunk Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Sep 15

The Compensation For Mei Ah Entertainment Group Limited's (HKG:391) CEO Looks Deserved And Here's Why

Key Insights Mei Ah Entertainment Group will host its Annual General Meeting on 22nd of September Salary of HK$987.0k...
Analysis Article Jul 13

Is Mei Ah Entertainment Group (HKG:391) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 05

Auditors Have Doubts About Mei Ah Entertainment Group (HKG:391)

Unfortunately for shareholders, when Mei Ah Entertainment Group Limited ( HKG:391 ) reported results for the period to...

Financial Position Analysis

Short Term Liabilities: 391's short term assets (HK$85.5M) do not cover its short term liabilities (HK$130.2M).

Long Term Liabilities: 391's short term assets (HK$85.5M) do not cover its long term liabilities (HK$200.5M).


Debt to Equity History and Analysis

Debt Level: 391's net debt to equity ratio (44.9%) is considered high.

Reducing Debt: 391's debt to equity ratio has increased from 31% to 54.1% 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: Whilst unprofitable 391 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 391 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.7% per year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/14 10:53
End of Day Share Price 2026/05/14 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Mei Ah Entertainment Group Limited is covered by 0 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.