Ever Reach Group (Holdings) Balance Sheet Health
Financial Health criteria checks 4/6
Ever Reach Group (Holdings) has a total shareholder equity of CN¥2.0B and total debt of CN¥999.1M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are CN¥10.2B and CN¥8.3B respectively. Ever Reach Group (Holdings)'s EBIT is CN¥290.9M making its interest coverage ratio -4544.6. It has cash and short-term investments of CN¥160.7M.
Key information
50.8%
Debt to equity ratio
CN¥999.10m
Debt
| Interest coverage ratio | -4544.6x |
| Cash | CN¥160.73m |
| Equity | CN¥1.97b |
| Total liabilities | CN¥8.26b |
| Total assets | CN¥10.23b |
Recent financial health updates
Recent updates
Ever Reach Group (Holdings) (HKG:3616) Has Re-Affirmed Its Dividend Of HK$0.06
Jun 10
Ever Reach Group (Holdings) (HKG:3616) Has Re-Affirmed Its Dividend Of HK$0.06
May 11Ever Reach Group (Holdings) (HKG:3616) Is Due To Pay A Dividend Of HK$0.06
Apr 27Ever Reach Group (Holdings) (HKG:3616) Has Affirmed Its Dividend Of HK$0.06
Apr 07Ever Reach Group (Holdings) (HKG:3616) Takes On Some Risk With Its Use Of Debt
Apr 19I Ran A Stock Scan For Earnings Growth And Ever Reach Group (Holdings) (HKG:3616) Passed With Ease
Mar 02What Type Of Shareholders Make Up Ever Reach Group (Holdings) Company Limited's (HKG:3616) Share Registry?
Feb 03
Ever Reach Group (Holdings) Company Limited's (HKG:3616) Stock Is Going Strong: Is the Market Following Fundamentals?
Jan 13Did Ever Reach Group (Holdings)'s (HKG:3616) Share Price Deserve to Gain 20%?
Dec 23Here's Why I Think Ever Reach Group (Holdings) (HKG:3616) Is An Interesting Stock
Dec 02Financial Position Analysis
Short Term Liabilities: 3616's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 3616's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥607.2M).
Debt to Equity History and Analysis
Debt Level: 3616's net debt to equity ratio (42.6%) is considered high.
Reducing Debt: 3616's debt to equity ratio has reduced from 203.4% to 50.8% over the past 5 years.
Debt Coverage: 3616's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3616 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/25 19:29 |
| End of Day Share Price | 2024/03/28 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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
Ever Reach Group (Holdings) Company 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.
| Analyst | Institution |
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