Glory Health Industry Balance Sheet Health

Financial Health criteria checks 3/6

Glory Health Industry has a total shareholder equity of CN¥13.8B and total debt of CN¥22.2B, which brings its debt-to-equity ratio to 160.9%. Its total assets and total liabilities are CN¥56.4B and CN¥42.6B respectively.

Key information

160.9%

Debt to equity ratio

CN¥22.17b

Debt

Interest coverage ratio	n/a
Cash	CN¥152.22m
Equity	CN¥13.79b
Total liabilities	CN¥42.57b
Total assets	CN¥56.35b

Recent financial health updates

Recent updates

Glory Health Industry (HKG:2329) Has Debt But No Earnings; Should You Worry?

Oct 07

Health Check: How Prudently Does Glory Health Industry (HKG:2329) Use Debt?

Jun 21

A Look At The Fair Value Of Glory Health Industry Limited (HKG:2329)

May 13

Glory Health Industry (HKG:2329) Has Debt But No Earnings; Should You Worry?

Oct 04

We Think Guorui Properties (HKG:2329) Is Taking Some Risk With Its Debt

Apr 20

Here's Why Guorui Properties (HKG:2329) Is Weighed Down By Its Debt Load

Sep 02

We Think Shareholders May Want To Consider A Review Of Guorui Properties Limited's (HKG:2329) CEO Compensation Package

Jun 23

Guorui Properties (HKG:2329) Has A Somewhat Strained Balance Sheet

May 13

Guorui Properties'(HKG:2329) Share Price Is Down 73% Over The Past Five Years.

Jan 31

Should You Use Guorui Properties's (HKG:2329) Statutory Earnings To Analyse It?

Jan 10

What Kind Of Shareholders Hold The Majority In Guorui Properties Limited's (HKG:2329) Shares?

Dec 20

Guorui Properties (HKG:2329) Has A Somewhat Strained Balance Sheet

Dec 03

Financial Position Analysis

Short Term Liabilities: 2329's short term assets (CN¥29.7B) exceed its short term liabilities (CN¥29.7B).

Long Term Liabilities: 2329's short term assets (CN¥29.7B) exceed its long term liabilities (CN¥12.9B).

Debt to Equity History and Analysis

Debt Level: 2329's net debt to equity ratio (159.7%) is considered high.

Reducing Debt: 2329's debt to equity ratio has reduced from 161.5% to 160.9% over the past 5 years.

Debt Coverage: 2329's debt is not well covered by operating cash flow (0.2%).

Interest Coverage: Insufficient data to determine if 2329's interest payments on its debt are well covered by EBIT.

Glory Health Industry Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Glory Health Industry (HKG:2329) Has Debt But No Earnings; Should You Worry?

Health Check: How Prudently Does Glory Health Industry (HKG:2329) Use Debt?

Glory Health Industry (HKG:2329) Has Debt But No Earnings; Should You Worry?

We Think Guorui Properties (HKG:2329) Is Taking Some Risk With Its Debt

Here's Why Guorui Properties (HKG:2329) Is Weighed Down By Its Debt Load

Guorui Properties (HKG:2329) Has A Somewhat Strained Balance Sheet

Recent updates

Full year 2023 earnings released: CN¥0.13 loss per share (vs CN¥0.20 loss in FY 2022)

Glory Health Industry Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Glory Health Industry Limited Appoints Lam Yuen Ling Eva as Company Secretary

Glory Health Industry Limited Announces the Resignation of Liu Chengjiang as Independent Non-Executive Director, Chairman of the Internal Control Committee and Member of the Audit Committee

Glory Health Industry (HKG:2329) Has Debt But No Earnings; Should You Worry?

First half 2023 earnings released: CN¥0.06 loss per share (vs CN¥0.15 loss in 1H 2022)

Glory Health Industry Limited Announces Resignation of Lai Siming as an Independent Non-Executive Director

Glory Health Industry Limited to Report First Half, 2023 Results on Aug 31, 2023

Now 32% undervalued after recent price drop

Glory Health Industry Limited Announces Resignation of Kwong Yin Ping Yvonne as Joint Company Secretary and Authorised Representative, Effective July 1, 2023

Glory Health Industry Limited Announces Retirement of Luo Zhenbang as Independent Non-Executive Director

Glory Health Industry Limited Announces Resignation of Zheng Jin as Joint Company Secretary and an Authorised Representative

Health Check: How Prudently Does Glory Health Industry (HKG:2329) Use Debt?

Glory Health Industry Limited, Annual General Meeting, Jun 30, 2023

Now 21% undervalued after recent price drop

Glory Health Industry Limited Appoints Liu Chengjiang as Independent Non-Executive Director, Chairman of Internal Control Committee and Member of Audit Committee

Now 21% undervalued after recent price drop

A Look At The Fair Value Of Glory Health Industry Limited (HKG:2329)

Full year 2022 earnings released: CN¥0.20 loss per share (vs CN¥0.051 profit in FY 2021)

Glory Health Industry Limited Announces Resignation of Ms. Chen Jingru as Independent Non-Executive Director, Chairman of the Internal Control Committee of the Company and Member of the Audit Committee

Less than half of directors are independent

Glory Health Industry (HKG:2329) Has Debt But No Earnings; Should You Worry?

First half 2022 earnings released: CN¥0.15 loss per share (vs CN¥0.06 profit in 1H 2021)

Glory Health Industry Limited Provides Earnings Guidance for Six Months Ended June 30, 2022

Glory Health Industry Limited to Report First Half, 2022 Results on Aug 31, 2022

Less than half of directors are independent

We Think Guorui Properties (HKG:2329) Is Taking Some Risk With Its Debt

Full year 2021 earnings released: EPS: CN¥0.051 (vs CN¥0.022 in FY 2020)

Guorui Properties Limited to Report Fiscal Year 2021 Results on Mar 31, 2022

Less than half of directors are independent

First half 2021 earnings released: EPS CN¥0.06 (vs CN¥0.016 in 1H 2020)

Here's Why Guorui Properties (HKG:2329) Is Weighed Down By Its Debt Load

We Think Shareholders May Want To Consider A Review Of Guorui Properties Limited's (HKG:2329) CEO Compensation Package

Guorui Properties (HKG:2329) Has A Somewhat Strained Balance Sheet

Full year 2020 earnings released: EPS CN¥0.022 (vs CN¥0.19 in FY 2019)

Chairman & President recently bought HK$1.6m worth of stock

Full year 2020 earnings released: EPS CN¥0.022 (vs CN¥0.19 in FY 2019)

Guorui Properties Limited to Report Fiscal Year 2020 Results on Mar 31, 2021

New 90-day low: HK$0.73

Guorui Properties'(HKG:2329) Share Price Is Down 73% Over The Past Five Years.

Should You Use Guorui Properties's (HKG:2329) Statutory Earnings To Analyse It?

New 90-day low: HK$0.74

What Kind Of Shareholders Hold The Majority In Guorui Properties Limited's (HKG:2329) Shares?

New 90-day low: HK$0.83

Guorui Properties (HKG:2329) Has A Somewhat Strained Balance Sheet

New 90-day low: HK$0.84

New 90-day low: HK$0.94

First half earnings released

New 90-day low - HK$1.10

First half earnings released

Guorui Properties Limited to Report First Half, 2020 Results on Aug 31, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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