SSY Group Balance Sheet Health
Financial Health criteria checks 5/6
SSY Group has a total shareholder equity of HK$7.6B and total debt of HK$3.6B, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are HK$12.5B and HK$5.0B respectively. SSY Group's EBIT is HK$1.7B making its interest coverage ratio 17.4. It has cash and short-term investments of HK$1.6B.
Key information
47.7%
Debt to equity ratio
HK$3.61b
Debt
| Interest coverage ratio | 17.4x |
| Cash | HK$1.61b |
| Equity | HK$7.57b |
| Total liabilities | HK$4.98b |
| Total assets | HK$12.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2005's short term assets (HK$5.3B) exceed its short term liabilities (HK$2.0B).
Long Term Liabilities: 2005's short term assets (HK$5.3B) exceed its long term liabilities (HK$3.0B).
Debt to Equity History and Analysis
Debt Level: 2005's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: 2005's debt to equity ratio has increased from 32.7% to 47.7% over the past 5 years.
Debt Coverage: 2005's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 2005's interest payments on its debt are well covered by EBIT (17.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 09:10 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
SSY Group Limited is covered by 23 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Derrick Sun | BNP Paribas Securities (Asia) |
| Milo Liu | BOCOM International Securities Limited |
| Ying Shao | BofA Global Research |