Lai Sun Development Balance Sheet Health
Financial Health criteria checks 1/6
Lai Sun Development has a total shareholder equity of HK$32.3B and total debt of HK$25.3B, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are HK$67.4B and HK$35.1B respectively.
Key information
78.3%
Debt to equity ratio
HK$25.29b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$4.17b |
| Equity | HK$32.31b |
| Total liabilities | HK$35.11b |
| Total assets | HK$67.42b |
Recent financial health updates
Is Lai Sun Development (HKG:488) A Risky Investment?
Mar 30
Is Lai Sun Development (HKG:488) Weighed On By Its Debt Load?
Dec 16
Recent updates
Shareholders Will Probably Hold Off On Increasing Lai Sun Development Company Limited's (HKG:488) CEO Compensation For The Time Being
Dec 06Subdued Growth No Barrier To Lai Sun Development Company Limited (HKG:488) With Shares Advancing 32%
Oct 14Lai Sun Development Company Limited's (HKG:488) Business Is Trailing The Industry But Its Shares Aren't
Aug 29Lai Sun Development Company Limited's (HKG:488) Shares Bounce 49% But Its Business Still Trails The Industry
May 21Some Confidence Is Lacking In Lai Sun Development Company Limited's (HKG:488) P/S
Apr 02Bullish: This Analyst Just Lifted Their Lai Sun Development Company Limited (HKG:488) Outlook For This Year
Mar 28Is Lai Sun Development (HKG:488) A Risky Investment?
Mar 30How Should Investors Feel About Lai Sun Development's (HKG:488) CEO Remuneration?
Feb 22What Type Of Returns Would Lai Sun Development's(HKG:488) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 27What Kind Of Shareholders Hold The Majority In Lai Sun Development Company Limited's (HKG:488) Shares?
Jan 06Is Lai Sun Development (HKG:488) Weighed On By Its Debt Load?
Dec 16Cheuk Yi Yu Just Bought A Sprinkling of Shares In Lai Sun Development Company Limited (HKG:488)
Nov 25Does Lai Sun Development's (HKG:488) CEO Salary Compare Well With Industry Peers?
Nov 20Financial Position Analysis
Short Term Liabilities: 488's short term assets (HK$14.8B) exceed its short term liabilities (HK$6.5B).
Long Term Liabilities: 488's short term assets (HK$14.8B) do not cover its long term liabilities (HK$28.6B).
Debt to Equity History and Analysis
Debt Level: 488's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: 488's debt to equity ratio has increased from 39.9% to 78.3% over the past 5 years.
Debt Coverage: 488's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 488's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 04:14 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2024/07/31 |
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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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
Lai Sun Development Company Limited is covered by 4 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 |
|---|---|
| C Wong | BNP Paribas Securities (Asia) |
| Jeff Yau | DBS Bank Ltd |
| Chi Kin Chan | DBS Vickers Research |