China Brilliant Global Balance Sheet Health
Financial Health criteria checks 5/6
China Brilliant Global has a total shareholder equity of HK$328.8M and total debt of HK$22.7M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are HK$356.9M and HK$28.0M respectively.
Key information
6.9%
Debt to equity ratio
HK$22.71m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$20.77m |
| Equity | HK$328.85m |
| Total liabilities | HK$28.02m |
| Total assets | HK$356.87m |
Recent financial health updates
Does China Brilliant Global (HKG:8026) Have A Healthy Balance Sheet?
Sep 06
Is China Brilliant Global (HKG:8026) A Risky Investment?
Feb 27China Brilliant Global (HKG:8026) Is Using Debt Safely
Aug 23Does China Brilliant Global (HKG:8026) Have A Healthy Balance Sheet?
Mar 01Health Check: How Prudently Does China Brilliant Global (HKG:8026) Use Debt?
Jul 07Recent updates
Risks Still Elevated At These Prices As China Brilliant Global Limited (HKG:8026) Shares Dive 26%
Sep 23Some China Brilliant Global Limited (HKG:8026) Shareholders Look For Exit As Shares Take 26% Pounding
Apr 16China Brilliant Global Limited's (HKG:8026) 28% Share Price Plunge Could Signal Some Risk
Feb 26Does China Brilliant Global (HKG:8026) Have A Healthy Balance Sheet?
Sep 06Is China Brilliant Global (HKG:8026) A Risky Investment?
Feb 27China Brilliant Global (HKG:8026) Is Using Debt Safely
Aug 23Does China Brilliant Global (HKG:8026) Have A Healthy Balance Sheet?
Mar 01Health Check: How Prudently Does China Brilliant Global (HKG:8026) Use Debt?
Jul 07Chunhua Zhang Is The Executive Chairman of China Brilliant Global Limited (HKG:8026) And They Just Picked Up 294% More Shares
Feb 12Are Insiders Buying China Brilliant Global Limited (HKG:8026) Stock?
Jan 22Should China Brilliant Global (HKG:8026) Be Disappointed With Their 87% Profit?
Dec 01
Financial Position Analysis
Short Term Liabilities: 8026's short term assets (HK$114.4M) exceed its short term liabilities (HK$28.0M).
Long Term Liabilities: 8026 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8026's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: 8026's debt to equity ratio has increased from 2% to 6.9% 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 8026 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8026 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.7% per year.