Shoucheng Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Shoucheng Holdings has a total shareholder equity of HK$10.0B and total debt of HK$793.2M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are HK$13.5B and HK$3.5B respectively. Shoucheng Holdings's EBIT is HK$635.0M making its interest coverage ratio 6. It has cash and short-term investments of HK$5.2B.
Key information
7.9%
Debt to equity ratio
HK$793.20m
Debt
| Interest coverage ratio | 6x |
| Cash | HK$5.19b |
| Equity | HK$10.04b |
| Total liabilities | HK$3.48b |
| Total assets | HK$13.52b |
Recent financial health updates
We Think Shoucheng Holdings (HKG:697) Is Taking Some Risk With Its Debt
Oct 19
Is Shoucheng Holdings (HKG:697) A Risky Investment?
Oct 22Shoucheng Holdings (HKG:697) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
May 03Recent updates
Shoucheng Holdings (HKG:697) Is Reducing Its Dividend To HK$0.022
Apr 27Shoucheng Holdings (HKG:697) Has Announced That Its Dividend Will Be Reduced To HK$0.022
Mar 31Shoucheng Holdings Limited's (HKG:697) Share Price Not Quite Adding Up
Jan 18We Think Shoucheng Holdings (HKG:697) Is Taking Some Risk With Its Debt
Oct 19Shoucheng Holdings (HKG:697) Has Announced That Its Dividend Will Be Reduced To HK$0.0328
Aug 30Are Investors Undervaluing Shoucheng Holdings Limited (HKG:697) By 46%?
Jun 28Estimating The Intrinsic Value Of Shoucheng Holdings Limited (HKG:697)
Sep 25Shoucheng Holdings (HKG:697) Has Affirmed Its Dividend Of HK$0.055
Apr 28Is Shoucheng Holdings (HKG:697) A Risky Investment?
Oct 22Shoucheng Holdings (HKG:697) Is Reducing Its Dividend To HK$0.041
Sep 15Shoucheng Holdings' (HKG:697) Dividend Will Be Reduced To HK$0.041
Sep 01Shoucheng Holdings (HKG:697) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
May 03Are Insiders Selling Shoucheng Holdings Limited (HKG:697) Stock?
Mar 19How Much Of Shoucheng Holdings Limited (HKG:697) Do Institutions Own?
Jan 26
Shoucheng Holdings's (HKG:697) Earnings Are Growing But Is There More To The Story?
Dec 21Financial Position Analysis
Short Term Liabilities: 697's short term assets (HK$5.6B) exceed its short term liabilities (HK$1.3B).
Long Term Liabilities: 697's short term assets (HK$5.6B) exceed its long term liabilities (HK$2.1B).
Debt to Equity History and Analysis
Debt Level: 697 has more cash than its total debt.
Reducing Debt: 697's debt to equity ratio has increased from 1.1% to 7.9% over the past 5 years.
Debt Coverage: 697's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 697's interest payments on its debt are well covered by EBIT (6x coverage).