Radiance Holdings (Group) Balance Sheet Health
Financial Health criteria checks 3/6
Radiance Holdings (Group) has a total shareholder equity of CN¥35.9B and total debt of CN¥34.4B, which brings its debt-to-equity ratio to 95.6%. Its total assets and total liabilities are CN¥129.8B and CN¥93.8B respectively. Radiance Holdings (Group)'s EBIT is CN¥659.8M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥7.1B.
Key information
95.6%
Debt to equity ratio
CN¥34.36b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥7.10b |
| Equity | CN¥35.95b |
| Total liabilities | CN¥93.83b |
| Total assets | CN¥129.78b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Radiance Holdings (Group) Company Limited (HKG:9993) With Shares Advancing 27%
Apr 12
Risks To Shareholder Returns Are Elevated At These Prices For Radiance Holdings (Group) Company Limited (HKG:9993)
Jun 26Radiance Holdings (Group)'s (HKG:9993) Dividend Is Being Reduced To HK$0.16
May 26Radiance Holdings (Group)'s (HKG:9993) Shareholders Will Receive A Smaller Dividend Than Last Year
May 12Radiance Holdings (Group)'s (HKG:9993) Shareholders Will Receive A Smaller Dividend Than Last Year
Apr 28Radiance Holdings (Group) (HKG:9993) Is Paying Out Less In Dividends Than Last Year
Apr 04I Ran A Stock Scan For Earnings Growth And Radiance Holdings (Group) (HKG:9993) Passed With Ease
Feb 08Robust Earnings May Not Tell The Whole Story For Radiance Holdings (Group) (HKG:9993)
Apr 19Calculating The Intrinsic Value Of Radiance Holdings (Group) Co. Limited (HKG:9993)
Apr 06What Is The Ownership Structure Like For Radiance Holdings (Group) Co. Limited (HKG:9993)?
Jan 28Financial Position Analysis
Short Term Liabilities: 9993's short term assets (CN¥99.2B) exceed its short term liabilities (CN¥76.0B).
Long Term Liabilities: 9993's short term assets (CN¥99.2B) exceed its long term liabilities (CN¥17.8B).
Debt to Equity History and Analysis
Debt Level: 9993's net debt to equity ratio (75.8%) is considered high.
Reducing Debt: 9993's debt to equity ratio has reduced from 262.7% to 95.6% over the past 5 years.
Debt Coverage: 9993's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 9993's interest payments on its debt are not well covered by EBIT (2.7x coverage).