China Tobacco International (HK) Balance Sheet Health
Financial Health criteria checks 3/6
China Tobacco International (HK) has a total shareholder equity of HK$3.1B and total debt of HK$2.9B, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are HK$9.7B and HK$6.5B respectively. China Tobacco International (HK)'s EBIT is HK$1.2B making its interest coverage ratio 18.7. It has cash and short-term investments of HK$711.6M.
Key information
91.1%
Debt to equity ratio
HK$2.86b
Debt
| Interest coverage ratio | 18.7x |
| Cash | HK$711.57m |
| Equity | HK$3.14b |
| Total liabilities | HK$6.52b |
| Total assets | HK$9.67b |
Recent financial health updates
Does China Tobacco International (HK) (HKG:6055) Have A Healthy Balance Sheet?
Oct 19
These 4 Measures Indicate That China Tobacco International (HK) (HKG:6055) Is Using Debt Reasonably Well
Sep 28Recent updates
Investors Should Be Encouraged By China Tobacco International (HK)'s (HKG:6055) Returns On Capital
Dec 20China Tobacco International (HK) Company Limited (HKG:6055) Shares Could Be 22% Below Their Intrinsic Value Estimate
Nov 22China Tobacco International (HK) Company Limited's (HKG:6055) 25% Share Price Surge Not Quite Adding Up
Oct 16We Ran A Stock Scan For Earnings Growth And China Tobacco International (HK) (HKG:6055) Passed With Ease
Oct 08China Tobacco International (HK) (HKG:6055) Is Very Good At Capital Allocation
Sep 17Is Now The Time To Put China Tobacco International (HK) (HKG:6055) On Your Watchlist?
Jul 03China Tobacco International (HK) (HKG:6055) Might Be Having Difficulty Using Its Capital Effectively
Jun 12China Tobacco International (HK) Company Limited (HKG:6055) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
May 21Capital Investments At China Tobacco International (HK) (HKG:6055) Point To A Promising Future
Jan 29Does China Tobacco International (HK) (HKG:6055) Have A Healthy Balance Sheet?
Oct 19Investors Shouldn't Overlook China Tobacco International (HK)'s (HKG:6055) Impressive Returns On Capital
Jun 08Investors Shouldn't Overlook China Tobacco International (HK)'s (HKG:6055) Impressive Returns On Capital
Mar 07China Tobacco International (HK) (HKG:6055) Could Become A Multi-Bagger
Nov 17These 4 Measures Indicate That China Tobacco International (HK) (HKG:6055) Is Using Debt Reasonably Well
Sep 28Statutory Earnings May Not Be The Best Way To Understand China Tobacco International (HK)'s (HKG:6055) True Position
May 04Capital Allocation Trends At China Tobacco International (HK) (HKG:6055) Aren't Ideal
Apr 12China Tobacco International (HK) (HKG:6055) Will Be Hoping To Turn Its Returns On Capital Around
Nov 18Returns On Capital At China Tobacco International (HK) (HKG:6055) Paint A Concerning Picture
Jul 27Here's What To Make Of China Tobacco International (HK)'s (HKG:6055) Returns On Capital
Mar 17Reflecting on China Tobacco International (HK)'s (HKG:6055) Share Price Returns Over The Last Year
Feb 10Here's How We Evaluate China Tobacco International (HK) Company Limited's (HKG:6055) Dividend
Jan 11
Are China Tobacco International (HK) Company Limited's (HKG:6055) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Dec 16Financial Position Analysis
Short Term Liabilities: 6055's short term assets (HK$9.2B) exceed its short term liabilities (HK$6.5B).
Long Term Liabilities: 6055's short term assets (HK$9.2B) exceed its long term liabilities (HK$49.7M).
Debt to Equity History and Analysis
Debt Level: 6055's net debt to equity ratio (68.4%) is considered high.
Reducing Debt: 6055's debt to equity ratio has increased from 0% to 91.1% over the past 5 years.
Debt Coverage: 6055's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: 6055's interest payments on its debt are well covered by EBIT (18.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:27 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| 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
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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
China Tobacco International (HK) Company Limited is covered by 5 analysts. 4 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 |
|---|---|
| Junhao Fan | China International Capital Corporation Limited |
| Zhuonan Xu | China International Capital Corporation Limited |
| Xin Li | Citic Securities Co., Ltd. |