Million Cities Holdings Limited

SEHK:2892 Stock Report

Market Cap: HK$191.3m

Million Cities Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Million Cities Holdings has a total shareholder equity of CN¥783.0M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.6B and CN¥791.8M respectively.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ration/a
CashCN¥314.70m
EquityCN¥783.01m
Total liabilitiesCN¥791.85m
Total assetsCN¥1.57b

Recent financial health updates

Recent updates

Million Cities Holdings Limited's (HKG:2892) Popularity With Investors Under Threat As Stock Sinks 30%

Oct 23
Million Cities Holdings Limited's (HKG:2892) Popularity With Investors Under Threat As Stock Sinks 30%

We Discuss Why Million Cities Holdings Limited's (HKG:2892) CEO Compensation May Be Closely Reviewed

Jun 10
We Discuss Why Million Cities Holdings Limited's (HKG:2892) CEO Compensation May Be Closely Reviewed

Risks Still Elevated At These Prices As Million Cities Holdings Limited (HKG:2892) Shares Dive 31%

May 24
Risks Still Elevated At These Prices As Million Cities Holdings Limited (HKG:2892) Shares Dive 31%

What Million Cities Holdings Limited's (HKG:2892) 32% Share Price Gain Is Not Telling You

Apr 04
What Million Cities Holdings Limited's (HKG:2892) 32% Share Price Gain Is Not Telling You

Million Cities Holdings Limited's (HKG:2892) Shares Climb 36% But Its Business Is Yet to Catch Up

Feb 01
Million Cities Holdings Limited's (HKG:2892) Shares Climb 36% But Its Business Is Yet to Catch Up

Does Million Cities Holdings (HKG:2892) Have A Healthy Balance Sheet?

Nov 01
Does Million Cities Holdings (HKG:2892) Have A Healthy Balance Sheet?

Million Cities Holdings' (HKG:2892) Earnings Are Of Questionable Quality

May 10
Million Cities Holdings' (HKG:2892) Earnings Are Of Questionable Quality

What Type Of Returns Would Million Cities Holdings'(HKG:2892) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Dec 17
What Type Of Returns Would Million Cities Holdings'(HKG:2892) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Financial Position Analysis

Short Term Liabilities: 2892's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥787.6M).

Long Term Liabilities: 2892's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥4.3M).


Debt to Equity History and Analysis

Debt Level: 2892 is debt free.

Reducing Debt: 2892 has no debt compared to 5 years ago when its debt to equity ratio was 52.5%.

Debt Coverage: 2892 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2892 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 04:34
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Million Cities Holdings Limited is covered by 0 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.

AnalystInstitution