Longfor Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Longfor Group Holdings has a total shareholder equity of CN¥242.2B and total debt of CN¥203.5B, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are CN¥694.3B and CN¥452.1B respectively. Longfor Group Holdings's EBIT is CN¥16.7B making its interest coverage ratio 91.7. It has cash and short-term investments of CN¥48.9B.
Key information
84.0%
Debt to equity ratio
CN¥203.52b
Debt
| Interest coverage ratio | 91.7x |
| Cash | CN¥48.92b |
| Equity | CN¥242.18b |
| Total liabilities | CN¥452.13b |
| Total assets | CN¥694.32b |
Recent financial health updates
Here's Why Longfor Group Holdings (HKG:960) Has A Meaningful Debt Burden
Nov 01
Is Longfor Group Holdings (HKG:960) A Risky Investment?
Apr 18Longfor Group Holdings (HKG:960) Takes On Some Risk With Its Use Of Debt
Dec 23Recent updates
Here's Why Longfor Group Holdings (HKG:960) Has A Meaningful Debt Burden
Nov 01Is It Too Late To Consider Buying Longfor Group Holdings Limited (HKG:960)?
Oct 14Why Longfor Group Holdings' (HKG:960) Shaky Earnings Are Just The Beginning Of Its Problems
Sep 26Longfor Group Holdings Limited's (HKG:960) Share Price Is Matching Sentiment Around Its Earnings
Jul 12Longfor Group Holdings (HKG:960) Has Announced That Its Dividend Will Be Reduced To CN¥0.2525
Jun 20Is Longfor Group Holdings (HKG:960) A Risky Investment?
Apr 18Downgrade: Here's How Analysts See Longfor Group Holdings Limited (HKG:960) Performing In The Near Term
Mar 27Longfor Group Holdings Limited's (HKG:960) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Mar 13Longfor Group Holdings (HKG:960) Takes On Some Risk With Its Use Of Debt
Dec 23Financial Position Analysis
Short Term Liabilities: 960's short term assets (CN¥431.4B) exceed its short term liabilities (CN¥262.8B).
Long Term Liabilities: 960's short term assets (CN¥431.4B) exceed its long term liabilities (CN¥189.3B).
Debt to Equity History and Analysis
Debt Level: 960's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: 960's debt to equity ratio has reduced from 101.1% to 84% over the past 5 years.
Debt Coverage: 960's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 960's interest payments on its debt are well covered by EBIT (91.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:53 |
| End of Day Share Price | 2024/12/20 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 |
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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
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
Longfor Group Holdings Limited is covered by 55 analysts. 19 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 |
|---|---|
| Yunting Luo | Barclays |
| Frank Chen | BNP Paribas Securities (Asia) |
| Christina Ngai | BOCI Research Ltd. |