Glory Health Industry Limited

SEHK:2329 Stock Report

Market Cap: HK$608.9m

Glory Health Industry Balance Sheet Health

Financial Health criteria checks 2/6

Glory Health Industry has a total shareholder equity of CN¥13.7B and total debt of CN¥22.1B, which brings its debt-to-equity ratio to 161.3%. Its total assets and total liabilities are CN¥55.1B and CN¥41.4B respectively.

Key information

161.3%

Debt to equity ratio

CN¥22.13b

Debt

Interest coverage ration/a
CashCN¥210.06m
EquityCN¥13.72b
Total liabilitiesCN¥41.36b
Total assetsCN¥55.08b

Recent financial health updates

Recent updates

We Discuss Why Glory Health Industry Limited's (HKG:2329) CEO Compensation May Be Closely Reviewed

Jun 21
We Discuss Why Glory Health Industry Limited's (HKG:2329) CEO Compensation May Be Closely Reviewed

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

Oct 07
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?

Jun 21
Health Check: How Prudently Does Glory Health Industry (HKG:2329) Use Debt?

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

May 13
A Look At The Fair Value Of Glory Health Industry Limited (HKG:2329)

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

Oct 04
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

Apr 20
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

Sep 02
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

Jun 23
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

May 13
Guorui Properties (HKG:2329) Has A Somewhat Strained Balance Sheet

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

Jan 31
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?

Jan 10
Should You Use Guorui Properties's (HKG:2329) Statutory Earnings To Analyse It?

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

Dec 20
What Kind Of Shareholders Hold The Majority In Guorui Properties Limited's (HKG:2329) Shares?

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

Dec 03
Guorui Properties (HKG:2329) Has A Somewhat Strained Balance Sheet

Financial Position Analysis

Short Term Liabilities: 2329's short term assets (CN¥28.7B) do not cover its short term liabilities (CN¥28.9B).

Long Term Liabilities: 2329's short term assets (CN¥28.7B) exceed its long term liabilities (CN¥12.4B).


Debt to Equity History and Analysis

Debt Level: 2329's net debt to equity ratio (159.8%) is considered high.

Reducing Debt: 2329's debt to equity ratio has reduced from 167.5% to 161.3% over the past 5 years.

Debt Coverage: 2329's debt is not well covered by operating cash flow (0.5%).

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


Balance Sheet


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