Midea Real Estate Holding Limited

SEHK:3990 Stock Report

Market Cap: HK$4.2b

Midea Real Estate Holding Balance Sheet Health

Financial Health criteria checks 4/6

Midea Real Estate Holding has a total shareholder equity of CN¥47.1B and total debt of CN¥37.1B, which brings its debt-to-equity ratio to 78.7%. Its total assets and total liabilities are CN¥179.0B and CN¥131.8B respectively. Midea Real Estate Holding's EBIT is CN¥2.6B making its interest coverage ratio -31.8. It has cash and short-term investments of CN¥15.6B.

Key information

78.7%

Debt to equity ratio

CN¥37.11b

Debt

Interest coverage ratio-31.8x
CashCN¥15.55b
EquityCN¥47.15b
Total liabilitiesCN¥131.85b
Total assetsCN¥179.00b

Recent financial health updates

Recent updates

It's Down 28% But Midea Real Estate Holding Limited (HKG:3990) Could Be Riskier Than It Looks

Nov 07
It's Down 28% But Midea Real Estate Holding Limited (HKG:3990) Could Be Riskier Than It Looks

Is Midea Real Estate Holding (HKG:3990) Using Too Much Debt?

Oct 14
Is Midea Real Estate Holding (HKG:3990) Using Too Much Debt?

Midea Real Estate Holding Limited (HKG:3990) Might Not Be As Mispriced As It Looks After Plunging 63%

Sep 09
Midea Real Estate Holding Limited (HKG:3990) Might Not Be As Mispriced As It Looks After Plunging 63%

Is Now An Opportune Moment To Examine Midea Real Estate Holding Limited (HKG:3990)?

Jul 24
Is Now An Opportune Moment To Examine Midea Real Estate Holding Limited (HKG:3990)?

Benign Growth For Midea Real Estate Holding Limited (HKG:3990) Underpins Stock's 31% Plummet

Jun 20
Benign Growth For Midea Real Estate Holding Limited (HKG:3990) Underpins Stock's 31% Plummet

Midea Real Estate Holding's (HKG:3990) Dividend Is Being Reduced To CN¥0.36

May 25
Midea Real Estate Holding's (HKG:3990) Dividend Is Being Reduced To CN¥0.36

Estimating The Fair Value Of Midea Real Estate Holding Limited (HKG:3990)

May 21
Estimating The Fair Value Of Midea Real Estate Holding Limited (HKG:3990)

Midea Real Estate Holding Limited (HKG:3990) Stock Catapults 33% Though Its Price And Business Still Lag The Market

May 06
Midea Real Estate Holding Limited (HKG:3990) Stock Catapults 33% Though Its Price And Business Still Lag The Market

Midea Real Estate Holding's (HKG:3990) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 03
Midea Real Estate Holding's (HKG:3990) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Does Midea Real Estate Holding (HKG:3990) Have A Healthy Balance Sheet?

Apr 26
Does Midea Real Estate Holding (HKG:3990) Have A Healthy Balance Sheet?

Earnings Miss: Midea Real Estate Holding Limited Missed EPS By 46% And Analysts Are Revising Their Forecasts

Mar 31
Earnings Miss: Midea Real Estate Holding Limited Missed EPS By 46% And Analysts Are Revising Their Forecasts

Midea Real Estate Holding Limited (HKG:3990) Screens Well But There Might Be A Catch

Mar 14
Midea Real Estate Holding Limited (HKG:3990) Screens Well But There Might Be A Catch

Is Midea Real Estate Holding Limited (HKG:3990) Trading At A 35% Discount?

Jan 17
Is Midea Real Estate Holding Limited (HKG:3990) Trading At A 35% Discount?

We Think Midea Real Estate Holding (HKG:3990) Is Taking Some Risk With Its Debt

Dec 08
We Think Midea Real Estate Holding (HKG:3990) Is Taking Some Risk With Its Debt

Why Midea Real Estate Holding Limited (HKG:3990) Could Be Worth Watching

Nov 21
Why Midea Real Estate Holding Limited (HKG:3990) Could Be Worth Watching

Midea Real Estate Holding Limited (HKG:3990) Shares Could Be 29% Below Their Intrinsic Value Estimate

Oct 19
Midea Real Estate Holding Limited (HKG:3990) Shares Could Be 29% Below Their Intrinsic Value Estimate

Midea Real Estate Holding (HKG:3990) Seems To Be Using A Lot Of Debt

Aug 31
Midea Real Estate Holding (HKG:3990) Seems To Be Using A Lot Of Debt

Is Now The Time To Look At Buying Midea Real Estate Holding Limited (HKG:3990)?

Aug 03
Is Now The Time To Look At Buying Midea Real Estate Holding Limited (HKG:3990)?

Calculating The Intrinsic Value Of Midea Real Estate Holding Limited (HKG:3990)

Jun 09
Calculating The Intrinsic Value Of Midea Real Estate Holding Limited (HKG:3990)

Midea Real Estate Holding (HKG:3990) Has Announced That Its Dividend Will Be Reduced To CN¥0.80

May 24
Midea Real Estate Holding (HKG:3990) Has Announced That Its Dividend Will Be Reduced To CN¥0.80

When Should You Buy Midea Real Estate Holding Limited (HKG:3990)?

May 04
When Should You Buy Midea Real Estate Holding Limited (HKG:3990)?

Midea Real Estate Holding (HKG:3990) Has A Somewhat Strained Balance Sheet

Apr 12
Midea Real Estate Holding (HKG:3990) Has A Somewhat Strained Balance Sheet

Calculating The Fair Value Of Midea Real Estate Holding Limited (HKG:3990)

Feb 27
Calculating The Fair Value Of Midea Real Estate Holding Limited (HKG:3990)

What Is Midea Real Estate Holding Limited's (HKG:3990) Share Price Doing?

Dec 30
What Is Midea Real Estate Holding Limited's (HKG:3990) Share Price Doing?

We Think Midea Real Estate Holding (HKG:3990) Is Taking Some Risk With Its Debt

Dec 15
We Think Midea Real Estate Holding (HKG:3990) Is Taking Some Risk With Its Debt

Midea Real Estate Holding Limited's (HKG:3990) Intrinsic Value Is Potentially 89% Above Its Share Price

Nov 11
Midea Real Estate Holding Limited's (HKG:3990) Intrinsic Value Is Potentially 89% Above Its Share Price

Midea Real Estate Holding (HKG:3990) Use Of Debt Could Be Considered Risky

Sep 06
Midea Real Estate Holding (HKG:3990) Use Of Debt Could Be Considered Risky

Is Midea Real Estate Holding (HKG:3990) A Risky Investment?

Apr 17
Is Midea Real Estate Holding (HKG:3990) A Risky Investment?

Is There An Opportunity With Midea Real Estate Holding Limited's (HKG:3990) 47% Undervaluation?

Mar 21
Is There An Opportunity With Midea Real Estate Holding Limited's (HKG:3990) 47% Undervaluation?

Midea Real Estate Holding (HKG:3990) Use Of Debt Could Be Considered Risky

Dec 14
Midea Real Estate Holding (HKG:3990) Use Of Debt Could Be Considered Risky

Is Midea Real Estate Holding (HKG:3990) A Risky Investment?

Aug 27
Is Midea Real Estate Holding (HKG:3990) A Risky Investment?

Midea Real Estate Holding Limited's (HKG:3990) Intrinsic Value Is Potentially 76% Above Its Share Price

Jul 15
Midea Real Estate Holding Limited's (HKG:3990) Intrinsic Value Is Potentially 76% Above Its Share Price

Financial Position Analysis

Short Term Liabilities: 3990's short term assets (CN¥138.7B) exceed its short term liabilities (CN¥103.4B).

Long Term Liabilities: 3990's short term assets (CN¥138.7B) exceed its long term liabilities (CN¥28.4B).


Debt to Equity History and Analysis

Debt Level: 3990's net debt to equity ratio (45.7%) is considered high.

Reducing Debt: 3990's debt to equity ratio has reduced from 196.5% to 78.7% over the past 5 years.

Debt Coverage: 3990's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 3990 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

DataLast Updated (UTC time)
Company Analysis2025/02/07 09:44
End of Day Share Price 2025/02/07 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.

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 Github.

Analyst Sources

Midea Real Estate Holding Limited is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wee Liat LeeBNP Paribas Securities (Asia)
Siu-Fung LungCCB International Securities Limited
Yuanqi SunChina International Capital Corporation Limited