Chow Tai Fook Jewellery Group Balance Sheet Health
Financial Health criteria checks 4/6
Chow Tai Fook Jewellery Group has a total shareholder equity of HK$26.4B and total debt of HK$28.5B, which brings its debt-to-equity ratio to 107.9%. Its total assets and total liabilities are HK$86.9B and HK$60.5B respectively. Chow Tai Fook Jewellery Group's EBIT is HK$9.2B making its interest coverage ratio 20.6. It has cash and short-term investments of HK$3.8B.
Key information
107.9%
Debt to equity ratio
HK$28.46b
Debt
| Interest coverage ratio | 20.6x |
| Cash | HK$3.84b |
| Equity | HK$26.38b |
| Total liabilities | HK$60.48b |
| Total assets | HK$86.86b |
Recent financial health updates
Recent updates
Chow Tai Fook Jewellery Group's (HKG:1929) Dividend Will Be Reduced To HK$0.20
Nov 28
Chow Tai Fook Jewellery Group Limited's (HKG:1929) Shares May Have Run Too Fast Too Soon
Sep 18Chow Tai Fook Jewellery Group (HKG:1929) Is Very Good At Capital Allocation
Aug 27Chow Tai Fook Jewellery Group's (HKG:1929) Earnings May Just Be The Starting Point
Jun 20Earnings Miss: Chow Tai Fook Jewellery Group Limited Missed EPS By 17% And Analysts Are Revising Their Forecasts
Jun 16Is Chow Tai Fook Jewellery Group (HKG:1929) Using Too Much Debt?
Jun 14Calculating The Fair Value Of Chow Tai Fook Jewellery Group Limited (HKG:1929)
May 05Investors Should Be Encouraged By Chow Tai Fook Jewellery Group's (HKG:1929) Returns On Capital
Feb 15A Look At The Fair Value Of Chow Tai Fook Jewellery Group Limited (HKG:1929)
Jan 29Financial Position Analysis
Short Term Liabilities: 1929's short term assets (HK$77.3B) exceed its short term liabilities (HK$58.1B).
Long Term Liabilities: 1929's short term assets (HK$77.3B) exceed its long term liabilities (HK$2.4B).
Debt to Equity History and Analysis
Debt Level: 1929's net debt to equity ratio (93.3%) is considered high.
Reducing Debt: 1929's debt to equity ratio has increased from 79.8% to 107.9% over the past 5 years.
Debt Coverage: 1929's debt is well covered by operating cash flow (24.7%).
Interest Coverage: 1929's interest payments on its debt are well covered by EBIT (20.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:04 |
| End of Day Share Price | 2024/12/20 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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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
Chow Tai Fook Jewellery Group Limited is covered by 51 analysts. 21 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 |
|---|---|
| Vineet Kulbandu Sharma | Barclays |
| Arthur Hui | BNP Paribas Securities (Asia) |
| Sarah Liu | BNP Paribas Securities (Asia) |