Fineland Living Services Group Limited

SEHK:9978 Stock Report

Market Cap: HK$30.4m

Fineland Living Services Group Balance Sheet Health

Financial Health criteria checks 4/6

Fineland Living Services Group has a total shareholder equity of CN¥156.7M and total debt of CN¥13.7M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are CN¥445.3M and CN¥288.6M respectively. Fineland Living Services Group's EBIT is CN¥13.2M making its interest coverage ratio 10.4. It has cash and short-term investments of CN¥128.7M.

Key information

8.8%

Debt to equity ratio

CN¥13.74m

Debt

Interest coverage ratio10.4x
CashCN¥128.66m
EquityCN¥156.66m
Total liabilitiesCN¥288.59m
Total assetsCN¥445.25m

Recent financial health updates

Recent updates

Fineland Living Services Group (HKG:9978) Has Debt But No Earnings; Should You Worry?

Oct 27
Fineland Living Services Group (HKG:9978) Has Debt But No Earnings; Should You Worry?

Calculating The Intrinsic Value Of Fineland Living Services Group Limited (HKG:9978)

Jul 06
Calculating The Intrinsic Value Of Fineland Living Services Group Limited (HKG:9978)

Is Fineland Living Services Group (HKG:9978) A Risky Investment?

Jun 01
Is Fineland Living Services Group (HKG:9978) A Risky Investment?

Does Fineland Living Services Group (HKG:9978) Have A Healthy Balance Sheet?

Dec 30
Does Fineland Living Services Group (HKG:9978) Have A Healthy Balance Sheet?

Fineland Living Services Group (HKG:9978) Has A Pretty Healthy Balance Sheet

Oct 01
Fineland Living Services Group (HKG:9978) Has A Pretty Healthy Balance Sheet

Fineland Real Estate Services Group Limited's (HKG:9978) CEO Will Probably Have Their Compensation Approved By Shareholders

May 21
Fineland Real Estate Services Group Limited's (HKG:9978) CEO Will Probably Have Their Compensation Approved By Shareholders

How Many Fineland Real Estate Services Group Limited (HKG:9978) Shares Have Insiders Sold, In The Last Year?

Dec 30
How Many Fineland Real Estate Services Group Limited (HKG:9978) Shares Have Insiders Sold, In The Last Year?

Financial Position Analysis

Short Term Liabilities: 9978's short term assets (CN¥333.5M) exceed its short term liabilities (CN¥280.1M).

Long Term Liabilities: 9978's short term assets (CN¥333.5M) exceed its long term liabilities (CN¥8.4M).


Debt to Equity History and Analysis

Debt Level: 9978 has more cash than its total debt.

Reducing Debt: 9978's debt to equity ratio has increased from 0% to 8.8% over the past 5 years.

Debt Coverage: 9978's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 9978's interest payments on its debt are well covered by EBIT (10.4x coverage).


Balance Sheet


Discover healthy companies