Sincere Watch (Hong Kong) Balance Sheet Health
Financial Health criteria checks 2/6
Sincere Watch (Hong Kong) has a total shareholder equity of HK$-39.3M and total debt of HK$326.2M, which brings its debt-to-equity ratio to -830.4%. Its total assets and total liabilities are HK$812.6M and HK$851.8M respectively.
Key information
-830.4%
Debt to equity ratio
HK$326.25m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$25.19m |
| Equity | -HK$39.29m |
| Total liabilities | HK$851.85m |
| Total assets | HK$812.56m |
Recent financial health updates
Does Sincere Watch (Hong Kong) (HKG:444) Have A Healthy Balance Sheet?
Mar 26
Is Sincere Watch (Hong Kong) (HKG:444) A Risky Investment?
Dec 01Is Sincere Watch (Hong Kong) (HKG:444) Weighed On By Its Debt Load?
Jul 21Is Sincere Watch (Hong Kong) (HKG:444) A Risky Investment?
Jan 11Recent updates
Sincere Watch (Hong Kong) Limited's (HKG:444) 30% Price Boost Is Out Of Tune With Revenues
Oct 10Risks Still Elevated At These Prices As Sincere Watch (Hong Kong) Limited (HKG:444) Shares Dive 29%
Apr 25Does Sincere Watch (Hong Kong) (HKG:444) Have A Healthy Balance Sheet?
Mar 26Sincere Watch (Hong Kong) Limited's (HKG:444) Popularity With Investors Is Under Threat From Overpricing
Feb 02Is Sincere Watch (Hong Kong) (HKG:444) A Risky Investment?
Dec 01Sincere Watch (Hong Kong) Limited's (HKG:444) Share Price Not Quite Adding Up
Sep 19Calculating The Fair Value Of Sincere Watch (Hong Kong) Limited (HKG:444)
Sep 21Is Sincere Watch (Hong Kong) (HKG:444) Weighed On By Its Debt Load?
Jul 21Is Sincere Watch (Hong Kong) (HKG:444) A Risky Investment?
Jan 11Financial Position Analysis
Short Term Liabilities: 444 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 444 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 444 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 444's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 444 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 444 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 45.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 09:43 |
| End of Day Share Price | 2025/01/03 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
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
Sincere Watch (Hong Kong) Limited is covered by 0 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 |
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