DevGreat Group Balance Sheet Health
Financial Health criteria checks 5/6
DevGreat Group has a total shareholder equity of HK$533.6M and total debt of HK$217.7M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are HK$4.3B and HK$3.8B respectively. DevGreat Group's EBIT is HK$97.6M making its interest coverage ratio -1.1. It has cash and short-term investments of HK$54.9M.
Key information
40.8%
Debt to equity ratio
HK$217.69m
Debt
| Interest coverage ratio | -1.1x |
| Cash | HK$54.92m |
| Equity | HK$533.61m |
| Total liabilities | HK$3.81b |
| Total assets | HK$4.35b |
Recent financial health updates
These 4 Measures Indicate That Shanghai Zendai Property (HKG:755) Is Using Debt In A Risky Way
Nov 01
Is Shanghai Zendai Property (HKG:755) A Risky Investment?
Apr 05Recent updates
Risks Still Elevated At These Prices As DevGreat Group Limited (HKG:755) Shares Dive 41%
Dec 04Shanghai Zendai Property Limited's (HKG:755) 58% Share Price Surge Not Quite Adding Up
Oct 18Shanghai Zendai Property Limited's (HKG:755) Shares May Have Run Too Fast Too Soon
Aug 29Shanghai Zendai Property Limited's (HKG:755) 42% Share Price Surge Not Quite Adding Up
May 23Shanghai Zendai Property Limited's (HKG:755) Business Is Yet to Catch Up With Its Share Price
Apr 02Shanghai Zendai Property (HKG:755) Shareholders Should Be Cautious Despite Solid Earnings
Oct 03These 4 Measures Indicate That Shanghai Zendai Property (HKG:755) Is Using Debt In A Risky Way
Nov 01Is Shanghai Zendai Property (HKG:755) A Risky Investment?
Apr 05If You Had Bought Shanghai Zendai Property's (HKG:755) Shares Five Years Ago You Would Be Down 69%
Dec 16Financial Position Analysis
Short Term Liabilities: 755's short term assets (HK$3.8B) do not cover its short term liabilities (HK$3.8B).
Long Term Liabilities: 755's short term assets (HK$3.8B) exceed its long term liabilities (HK$18.2M).
Debt to Equity History and Analysis
Debt Level: 755's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: 755's debt to equity ratio has reduced from 341.3% to 40.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 755 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 755 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 46.1% per year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:42 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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 .
Analyst Sources
DevGreat Group 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 |
|---|---|
| Kin Fung Chow | China Everbright Research Limited |