Solargiga Energy Holdings Limited

SEHK:757 Stock Report

Market Cap: HK$578.3m

Solargiga Energy Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Solargiga Energy Holdings has a total shareholder equity of CN¥1.2B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 100.9%. Its total assets and total liabilities are CN¥6.3B and CN¥5.1B respectively.

Key information

100.9%

Debt to equity ratio

CN¥1.19b

Debt

Interest coverage ration/a
CashCN¥600.44m
EquityCN¥1.18b
Total liabilitiesCN¥5.11b
Total assetsCN¥6.29b

Recent financial health updates

Recent updates

Is Solargiga Energy Holdings (HKG:757) Weighed On By Its Debt Load?

Jun 16
Is Solargiga Energy Holdings (HKG:757) Weighed On By Its Debt Load?

Returns On Capital Are A Standout For Solargiga Energy Holdings (HKG:757)

Oct 19
Returns On Capital Are A Standout For Solargiga Energy Holdings (HKG:757)

The Strong Earnings Posted By Solargiga Energy Holdings (HKG:757) Are A Good Indication Of The Strength Of The Business

May 09
The Strong Earnings Posted By Solargiga Energy Holdings (HKG:757) Are A Good Indication Of The Strength Of The Business

Is Solargiga Energy Holdings (HKG:757) A Risky Investment?

Nov 05
Is Solargiga Energy Holdings (HKG:757) A Risky Investment?

We Think Solargiga Energy Holdings (HKG:757) Is Taking Some Risk With Its Debt

May 25
We Think Solargiga Energy Holdings (HKG:757) Is Taking Some Risk With Its Debt

Tan Hung Sze Just Bought 2.2% More Shares In Solargiga Energy Holdings Limited (HKG:757)

Feb 27
Tan Hung Sze Just Bought 2.2% More Shares In Solargiga Energy Holdings Limited (HKG:757)

Is Solargiga Energy Holdings Limited's (HKG:757) Shareholder Ownership Skewed Towards Insiders?

Jan 19
Is Solargiga Energy Holdings Limited's (HKG:757) Shareholder Ownership Skewed Towards Insiders?

Read This Before Selling Solargiga Energy Holdings Limited (HKG:757) Shares

Dec 14
Read This Before Selling Solargiga Energy Holdings Limited (HKG:757) Shares

Shareholders Are Thrilled That The Solargiga Energy Holdings (HKG:757) Share Price Increased 177%

Nov 18
Shareholders Are Thrilled That The Solargiga Energy Holdings (HKG:757) Share Price Increased 177%

Financial Position Analysis

Short Term Liabilities: 757's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥4.7B).

Long Term Liabilities: 757's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥382.7M).


Debt to Equity History and Analysis

Debt Level: 757's net debt to equity ratio (50%) is considered high.

Reducing Debt: 757's debt to equity ratio has reduced from 218.7% to 100.9% 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 757 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 757 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.7% per year.


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.