China Literature Balance Sheet Health
Financial Health criteria checks 6/6
China Literature has a total shareholder equity of CN¥19.0B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are CN¥23.2B and CN¥4.2B respectively. China Literature's EBIT is CN¥656.1M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥6.3B.
Key information
0.05%
Debt to equity ratio
CN¥10.00m
Debt
| Interest coverage ratio | -4.5x |
| Cash | CN¥6.28b |
| Equity | CN¥19.02b |
| Total liabilities | CN¥4.16b |
| Total assets | CN¥23.19b |
Recent financial health updates
These 4 Measures Indicate That China Literature (HKG:772) Is Using Debt Safely
May 31
We Think China Literature (HKG:772) Can Stay On Top Of Its Debt
Sep 27We Think China Literature (HKG:772) Can Stay On Top Of Its Debt
Jun 01China Literature (HKG:772) Has A Rock Solid Balance Sheet
Aug 23We Think China Literature (HKG:772) Can Manage Its Debt With Ease
May 24Recent updates
China Literature Limited Just Missed EPS By 5.9%: Here's What Analysts Think Will Happen Next
Mar 20Here's What's Concerning About China Literature's (HKG:772) Returns On Capital
Mar 07At HK$29.80, Is China Literature Limited (HKG:772) Worth Looking At Closely?
Jan 15Investors Still Waiting For A Pull Back In China Literature Limited (HKG:772)
Dec 29Be Wary Of China Literature (HKG:772) And Its Returns On Capital
Oct 13At HK$28.20, Is It Time To Put China Literature Limited (HKG:772) On Your Watch List?
Sep 26China Literature Limited (HKG:772) Shares Could Be 25% Below Their Intrinsic Value Estimate
Aug 13China Literature (HKG:772) Is Doing The Right Things To Multiply Its Share Price
Jul 12Should You Think About Buying China Literature Limited (HKG:772) Now?
Jun 13These 4 Measures Indicate That China Literature (HKG:772) Is Using Debt Safely
May 31Is There An Opportunity With China Literature Limited's (HKG:772) 48% Undervaluation?
May 03China Literature (HKG:772) Will Be Hoping To Turn Its Returns On Capital Around
Apr 03Is There Now An Opportunity In China Literature Limited (HKG:772)?
Feb 22China Literature Limited (HKG:772) Shares Could Be 49% Below Their Intrinsic Value Estimate
Jan 14China Literature (HKG:772) Is Experiencing Growth In Returns On Capital
Nov 09We Think China Literature (HKG:772) Can Stay On Top Of Its Debt
Sep 27These Analysts Just Made A Substantial Downgrade To Their China Literature Limited (HKG:772) EPS Forecasts
Aug 16We Like These Underlying Return On Capital Trends At China Literature (HKG:772)
Jun 22We Think China Literature (HKG:772) Can Stay On Top Of Its Debt
Jun 01China Literature's (HKG:772) Solid Profits Have Weak Fundamentals
Mar 29Returns Are Gaining Momentum At China Literature (HKG:772)
Mar 05There's Been No Shortage Of Growth Recently For China Literature's (HKG:772) Returns On Capital
Nov 11Are Investors Undervaluing China Literature Limited (HKG:772) By 49%?
Sep 10China Literature (HKG:772) Has A Rock Solid Balance Sheet
Aug 23China Literature (HKG:772) Is Looking To Continue Growing Its Returns On Capital
Aug 05We Think China Literature (HKG:772) Can Manage Its Debt With Ease
May 24China Literature (HKG:772) Is Experiencing Growth In Returns On Capital
May 03China Literature Limited (HKG:772) Insiders Have Been Selling
Mar 16Introducing China Literature (HKG:772), The Stock That Zoomed 121% In The Last Year
Feb 22What Can The Trends At China Literature (HKG:772) Tell Us About Their Returns?
Jan 26Calculating The Intrinsic Value Of China Literature Limited (HKG:772)
Jan 04Have Insiders Been Selling China Literature Limited (HKG:772) Shares?
Dec 15What Kind Of Shareholders Own China Literature Limited (HKG:772)?
Nov 26At HK$54.95, Is China Literature Limited (HKG:772) Worth Looking At Closely?
Aug 05
Will The ROCE Trend At China Literature (HKG:772) Continue?
Jul 22Is Now The Time To Put China Literature (HKG:772) On Your Watchlist?
Jun 25Financial Position Analysis
Short Term Liabilities: 772's short term assets (CN¥11.2B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 772's short term assets (CN¥11.2B) exceed its long term liabilities (CN¥560.9M).
Debt to Equity History and Analysis
Debt Level: 772 has more cash than its total debt.
Reducing Debt: 772's debt to equity ratio has reduced from 13.5% to 0.05% over the past 5 years.
Debt Coverage: 772's debt is well covered by operating cash flow (11314.9%).
Interest Coverage: 772 earns more interest than it pays, so coverage of interest payments is not a concern.