Hongkong Chinese Balance Sheet Health
Financial Health criteria checks 2/6
Hongkong Chinese has a total shareholder equity of HK$9.8B and total debt of HK$497.4M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are HK$10.3B and HK$558.6M respectively. Hongkong Chinese's EBIT is HK$29.0M making its interest coverage ratio 1. It has cash and short-term investments of HK$125.1M.
Key information
5.1%
Debt to equity ratio
HK$497.44m
Debt
| Interest coverage ratio | 1x |
| Cash | HK$125.12m |
| Equity | HK$9.76b |
| Total liabilities | HK$558.63m |
| Total assets | HK$10.32b |
Recent financial health updates
Hongkong Chinese (HKG:655) Is Carrying A Fair Bit Of Debt
Apr 20
Hongkong Chinese (HKG:655) Has A Somewhat Strained Balance Sheet
Dec 14Recent updates
Hongkong Chinese (HKG:655) Is Carrying A Fair Bit Of Debt
Apr 20Should Hongkong Chinese Limited (HKG:655) Be Part Of Your Income Portfolio?
Mar 15Hongkong Chinese (HKG:655) Share Prices Have Dropped 49% In The Last Three Years
Feb 08
How Does Hongkong Chinese's (HKG:655) CEO Salary Compare to Peers?
Jan 10Hongkong Chinese (HKG:655) Has A Somewhat Strained Balance Sheet
Dec 14Financial Position Analysis
Short Term Liabilities: 655's short term assets (HK$212.2M) exceed its short term liabilities (HK$50.0M).
Long Term Liabilities: 655's short term assets (HK$212.2M) do not cover its long term liabilities (HK$508.6M).
Debt to Equity History and Analysis
Debt Level: 655's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: 655's debt to equity ratio has increased from 4.5% to 5.1% over the past 5 years.
Debt Coverage: 655's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 655's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 20:01 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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
Hongkong Chinese Limited is covered by 1 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 |
|---|---|
| Otto Wong | Citigroup Inc |