Redco Properties Group Balance Sheet Health
Financial Health criteria checks 1/6
Redco Properties Group has a total shareholder equity of CN¥2.1B and total debt of CN¥15.8B, which brings its debt-to-equity ratio to 745.6%. Its total assets and total liabilities are CN¥48.9B and CN¥46.8B respectively.
Key information
745.6%
Debt to equity ratio
CN¥15.79b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥243.05m |
| Equity | CN¥2.12b |
| Total liabilities | CN¥46.76b |
| Total assets | CN¥48.88b |
Recent financial health updates
Redco Properties Group (HKG:1622) Takes On Some Risk With Its Use Of Debt
May 03
Redco Properties Group (HKG:1622) Seems To Be Using A Lot Of Debt
Dec 13Is Redco Properties Group (HKG:1622) Using Too Much Debt?
Sep 06We Think Redco Properties Group (HKG:1622) Is Taking Some Risk With Its Debt
Mar 31Is Redco Properties Group (HKG:1622) Using Too Much Debt?
Dec 10Recent updates
Some Confidence Is Lacking In Redco Properties Group Limited (HKG:1622) As Shares Slide 55%
Nov 27A Look At The Fair Value Of Redco Properties Group Limited (HKG:1622)
Jun 28Redco Properties Group (HKG:1622) Takes On Some Risk With Its Use Of Debt
May 03Redco Properties Group (HKG:1622) Seems To Be Using A Lot Of Debt
Dec 13Is Redco Properties Group (HKG:1622) Using Too Much Debt?
Sep 06Shareholders Will Probably Not Have Any Issues With Redco Properties Group Limited's (HKG:1622) CEO Compensation
Jun 19We Think Redco Properties Group (HKG:1622) Is Taking Some Risk With Its Debt
Mar 31Redco Properties Group's (HKG:1622) Stock Price Has Reduced 21% In The Past Year
Mar 13What To Know Before Buying Redco Properties Group Limited (HKG:1622) For Its Dividend
Feb 20
Can Redco Properties Group Limited's (HKG:1622) ROE Continue To Surpass The Industry Average?
Jan 31What Type Of Shareholders Own The Most Number of Redco Properties Group Limited (HKG:1622) Shares?
Jan 10Redco Properties Group's (HKG:1622) Earnings Are Growing But Is There More To The Story?
Dec 23Is Redco Properties Group (HKG:1622) Using Too Much Debt?
Dec 10If You Had Bought Redco Properties Group's (HKG:1622) Shares A Year Ago You Would Be Down 26%
Nov 27Financial Position Analysis
Short Term Liabilities: 1622's short term assets (CN¥45.0B) do not cover its short term liabilities (CN¥45.3B).
Long Term Liabilities: 1622's short term assets (CN¥45.0B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 1622's net debt to equity ratio (734.1%) is considered high.
Reducing Debt: 1622's debt to equity ratio has increased from 197.1% to 745.6% over the past 5 years.
Debt Coverage: 1622's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1622's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:28 |
| End of Day Share Price | 2024/12/23 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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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
Redco Properties Group Limited is covered by 1 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.
| Analyst | Institution |
|---|---|
| Bonnie Zhou | Haitong International Research Limited |