Dowway Holdings Limited

SEHK:8403 Stock Report

Market Cap: HK$104.4m

Dowway Holdings Balance Sheet Health

Financial Health criteria checks 4/6

Dowway Holdings has a total shareholder equity of CN¥3.6M and total debt of CN¥18.0M, which brings its debt-to-equity ratio to 502.8%. Its total assets and total liabilities are CN¥108.9M and CN¥105.4M respectively.

Key information

502.8%

Debt to equity ratio

CN¥17.98m

Debt

Interest coverage ration/a
CashCN¥12.44m
EquityCN¥3.58m
Total liabilitiesCN¥105.35m
Total assetsCN¥108.93m

Recent financial health updates

Recent updates

Revenues Not Telling The Story For Dowway Holdings Limited (HKG:8403) After Shares Rise 63%

May 21
Revenues Not Telling The Story For Dowway Holdings Limited (HKG:8403) After Shares Rise 63%

Dowway Holdings Limited's (HKG:8403) Price Is Out Of Tune With Revenues

Jan 16
Dowway Holdings Limited's (HKG:8403) Price Is Out Of Tune With Revenues

Does Dowway Holdings (HKG:8403) Have A Healthy Balance Sheet?

Nov 24
Does Dowway Holdings (HKG:8403) Have A Healthy Balance Sheet?

Dowway Holdings Limited's (HKG:8403) 28% Share Price Plunge Could Signal Some Risk

Sep 25
Dowway Holdings Limited's (HKG:8403) 28% Share Price Plunge Could Signal Some Risk

Some Dowway Holdings Limited (HKG:8403) Shareholders Look For Exit As Shares Take 28% Pounding

Sep 25
Some Dowway Holdings Limited (HKG:8403) Shareholders Look For Exit As Shares Take 28% Pounding

Financial Position Analysis

Short Term Liabilities: 8403's short term assets (CN¥105.3M) exceed its short term liabilities (CN¥103.4M).

Long Term Liabilities: 8403's short term assets (CN¥105.3M) exceed its long term liabilities (CN¥2.0M).


Debt to Equity History and Analysis

Debt Level: 8403's net debt to equity ratio (154.9%) is considered high.

Reducing Debt: 8403's debt to equity ratio has increased from 0% to 502.8% 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 8403 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 8403 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.9% per year.


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