Tai Cheung Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Tai Cheung Holdings has a total shareholder equity of HK$6.4B and total debt of HK$59.2M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are HK$6.7B and HK$300.6M respectively.
Key information
0.9%
Debt to equity ratio
HK$59.20m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$1.16b |
| Equity | HK$6.40b |
| Total liabilities | HK$300.60m |
| Total assets | HK$6.70b |
Recent financial health updates
No updates
Recent updates
Tai Cheung Holdings' (HKG:88) Profits May Not Reveal Underlying Issues
Dec 16
Tai Cheung Holdings Limited's (HKG:88) CEO Compensation Is Looking A Bit Stretched At The Moment
Aug 22Tai Cheung Holdings' (HKG:88) Dividend Will Be HK$0.12
Aug 25Tai Cheung Holdings (HKG:88) Is Due To Pay A Dividend Of HK$0.12
Aug 02Tai Cheung Holdings (HKG:88) Will Pay A Dividend Of HK$0.12
Jul 19Tai Cheung Holdings (HKG:88) Is Paying Out A Dividend Of HK$0.12
Jul 02Tai Cheung Holdings (HKG:88) Has Announced A Dividend Of HK$0.12
Dec 02Tai Cheung Holdings' (HKG:88) Dividend Will Be HK$0.12
Dec 02We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Tai Cheung Holdings Limited's (HKG:88) CEO For Now
Aug 19Tai Cheung Holdings (HKG:88) Is Due To Pay A Dividend Of HK$0.12
Jul 01Trade Alert: The Chairman Of Tai Cheung Holdings Limited (HKG:88), Pun Chan, Has Just Spent HK$56k Buying A Few More Shares
Mar 20What Type Of Shareholders Make Up Tai Cheung Holdings Limited's (HKG:88) Share Registry?
Feb 16Financial Position Analysis
Short Term Liabilities: 88's short term assets (HK$6.4B) exceed its short term liabilities (HK$236.9M).
Long Term Liabilities: 88's short term assets (HK$6.4B) exceed its long term liabilities (HK$63.7M).
Debt to Equity History and Analysis
Debt Level: 88 has more cash than its total debt.
Reducing Debt: 88's debt to equity ratio has reduced from 3.5% to 0.9% over the past 5 years.
Debt Coverage: 88's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 88'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 | 2024/12/26 14:26 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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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
Tai Cheung Holdings Limited is covered by 5 analysts. 1 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 |
|---|---|
| null Research Department | Daiwa Securities Co. Ltd. |
| Jeff Yau | DBS Bank Ltd |
| Sumwai Wong | DBS Bank Ltd |