Parkson Retail Group Balance Sheet Health
Financial Health criteria checks 4/6
Parkson Retail Group has a total shareholder equity of CN¥3.3B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 85%. Its total assets and total liabilities are CN¥10.9B and CN¥7.6B respectively. Parkson Retail Group's EBIT is CN¥396.8M making its interest coverage ratio 1. It has cash and short-term investments of CN¥1.5B.
Key information
85.0%
Debt to equity ratio
CN¥2.78b
Debt
| Interest coverage ratio | 1x |
| Cash | CN¥1.45b |
| Equity | CN¥3.27b |
| Total liabilities | CN¥7.61b |
| Total assets | CN¥10.88b |
Recent financial health updates
We Think Parkson Retail Group (HKG:3368) Is Taking Some Risk With Its Debt
Sep 08
Does Parkson Retail Group (HKG:3368) Have A Healthy Balance Sheet?
May 05Parkson Retail Group (HKG:3368) Has Debt But No Earnings; Should You Worry?
Nov 18Here's Why Parkson Retail Group (HKG:3368) Has A Meaningful Debt Burden
Jan 05Does Parkson Retail Group (HKG:3368) Have A Healthy Balance Sheet?
May 31These 4 Measures Indicate That Parkson Retail Group (HKG:3368) Is Using Debt Extensively
Feb 15
Recent updates
Parkson Retail Group (HKG:3368) Is Doing The Right Things To Multiply Its Share Price
Jun 26Parkson Retail Group's (HKG:3368) Solid Earnings Are Supported By Other Strong Factors
Apr 17Parkson Retail Group (HKG:3368) Shareholders Will Want The ROCE Trajectory To Continue
Feb 02We Think Parkson Retail Group (HKG:3368) Is Taking Some Risk With Its Debt
Sep 08These Return Metrics Don't Make Parkson Retail Group (HKG:3368) Look Too Strong
Jul 18Does Parkson Retail Group (HKG:3368) Have A Healthy Balance Sheet?
May 05Here's What's Concerning About Parkson Retail Group's (HKG:3368) Returns On Capital
Mar 31Parkson Retail Group (HKG:3368) Has Debt But No Earnings; Should You Worry?
Nov 18Parkson Retail Group (HKG:3368) Is Doing The Right Things To Multiply Its Share Price
Jul 28Here's Why Parkson Retail Group (HKG:3368) Has A Meaningful Debt Burden
Jan 05Parkson Retail Group's (HKG:3368) Returns On Capital Are Heading Higher
Jul 20Does Parkson Retail Group (HKG:3368) Have A Healthy Balance Sheet?
May 31Investors Will Want Parkson Retail Group's (HKG:3368) Growth In ROCE To Persist
Mar 22These 4 Measures Indicate That Parkson Retail Group (HKG:3368) Is Using Debt Extensively
Feb 15Parkson Retail Group's(HKG:3368) Share Price Is Down 77% Over The Past Three Years.
Jan 11What Can The Trends At Parkson Retail Group (HKG:3368) Tell Us About Their Returns?
Dec 07Financial Position Analysis
Short Term Liabilities: 3368's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 3368's short term assets (CN¥2.7B) do not cover its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 3368's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: 3368's debt to equity ratio has reduced from 89.8% to 85% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3368 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3368 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 11:15 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| 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
Parkson Retail Group Limited is covered by 33 analysts. 0 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 |
| Silvia Ko | BNP Paribas Securities (Asia) |
| Sarah Liu | BNP Paribas Securities (Asia) |