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A8 New Media Group Balance Sheet Health
Financial Health criteria checks 6/6
A8 New Media Group has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥118.0M respectively. A8 New Media Group's EBIT is CN¥33.9M making its interest coverage ratio -1. It has cash and short-term investments of CN¥723.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -1x |
Cash | CN¥723.20m |
Equity | CN¥1.56b |
Total liabilities | CN¥118.04m |
Total assets | CN¥1.68b |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push A8 New Media Group Limited (HKG:800) Shares Up 162% But Growth Is Lacking
Jun 17Concerns Surrounding A8 New Media Group's (HKG:800) Performance
Apr 24Calculating The Fair Value Of A8 New Media Group Limited (HKG:800)
Feb 21Estimating The Intrinsic Value Of A8 New Media Group Limited (HKG:800)
Sep 01Calculating The Fair Value Of A8 New Media Group Limited (HKG:800)
May 03A8 New Media Group (HKG:800) Is Looking To Continue Growing Its Returns On Capital
Jan 12A8 New Media Group (HKG:800) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Sep 23Returns At A8 New Media Group (HKG:800) Are On The Way Up
Sep 02Calculating The Intrinsic Value Of A8 New Media Group Limited (HKG:800)
Jun 14A8 New Media Group's (HKG:800) Returns On Capital Are Heading Higher
Apr 02What We Learned About A8 New Media Group's (HKG:800) CEO Compensation
Dec 15Financial Position Analysis
Short Term Liabilities: 800's short term assets (CN¥744.0M) exceed its short term liabilities (CN¥48.3M).
Long Term Liabilities: 800's short term assets (CN¥744.0M) exceed its long term liabilities (CN¥69.8M).
Debt to Equity History and Analysis
Debt Level: 800 is debt free.
Reducing Debt: 800 has no debt compared to 5 years ago when its debt to equity ratio was 12.5%.
Debt Coverage: 800 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 800 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/09/25 23:07 |
End of Day Share Price | 2024/08/26 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 * |
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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.
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
A8 New Media Group Limited is covered by 5 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 |
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Yvonne Q. Yang | BNP Paribas Securities (Asia) |
Sze Chuen Tam | China Everbright Research Limited |
Patrick Choi | Citic Securities Co., Ltd. |