Mingfa Group (International) Balance Sheet Health
Financial Health criteria checks 3/6
Mingfa Group (International) has a total shareholder equity of CN¥16.5B and total debt of CN¥7.8B, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are CN¥59.7B and CN¥43.1B respectively.
Key information
47.27%
Debt to equity ratio
CN¥7.82b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥779.04m |
| Equity | CN¥16.55b |
| Total liabilities | CN¥43.14b |
| Total assets | CN¥59.68b |
Recent financial health updates
Health Check: How Prudently Does Mingfa Group (International) (HKG:846) Use Debt?
Oct 28
Mingfa Group (International) (HKG:846) Has No Shortage Of Debt
Oct 02Recent updates
Revenues Working Against Mingfa Group (International) Company Limited's (HKG:846) Share Price Following 26% Dive
Oct 31Health Check: How Prudently Does Mingfa Group (International) (HKG:846) Use Debt?
Oct 28Lacklustre Performance Is Driving Mingfa Group (International) Company Limited's (HKG:846) 28% Price Drop
Aug 26Mingfa Group (International) Company Limited (HKG:846) Stock Catapults 39% Though Its Price And Business Still Lag The Industry
Jul 11Mingfa Group (International) (HKG:846) Has No Shortage Of Debt
Oct 02Risks Still Elevated At These Prices As Mingfa Group (International) Company Limited (HKG:846) Shares Dive 25%
Jul 14Should Shareholders Have Second Thoughts About A Pay Rise For Mingfa Group (International) Company Limited's (HKG:846) CEO This Year?
May 31There's No Escaping Mingfa Group (International) Company Limited's (HKG:846) Muted Revenues Despite A 76% Share Price Rise
May 21Mingfa Group (International) Company Limited's (HKG:846) Shares Climb 33% But Its Business Is Yet to Catch Up
Apr 02There's Reason For Concern Over Mingfa Group (International) Company Limited's (HKG:846) Massive 33% Price Jump
Jan 25Mingfa Group (International)'s (HKG:846) Solid Profits Have Weak Fundamentals
May 06Benign Growth For Mingfa Group (International) Co., Ltd. (HKG:846) Underpins Its Share Price
Jan 21Financial Position Analysis
Short Term Liabilities: 846's short term assets (CN¥41.5B) exceed its short term liabilities (CN¥38.1B).
Long Term Liabilities: 846's short term assets (CN¥41.5B) exceed its long term liabilities (CN¥5.1B).
Debt to Equity History and Analysis
Debt Level: 846's net debt to equity ratio (42.6%) is considered high.
Reducing Debt: 846's debt to equity ratio has reduced from 75.9% to 47.3% over the past 5 years.
Debt Coverage: 846's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: Insufficient data to determine if 846'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 | 2026/03/09 07:22 |
| End of Day Share Price | 2026/03/06 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Mingfa Group (International) 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 |
|---|---|
| Sunny Tam | BofA Global Research |
| Danny Bao | Deutsche Bank |
| Christie X. Ju | Jefferies LLC |