Solargiga Energy Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Solargiga Energy Holdings has a total shareholder equity of CN¥1.1B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 99.4%. Its total assets and total liabilities are CN¥4.7B and CN¥3.6B respectively.
Key information
99.4%
Debt to equity ratio
CN¥1.08b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥198.67m |
| Equity | CN¥1.09b |
| Total liabilities | CN¥3.61b |
| Total assets | CN¥4.69b |
Recent financial health updates
Is Solargiga Energy Holdings (HKG:757) A Risky Investment?
May 06
Is Solargiga Energy Holdings (HKG:757) Weighed On By Its Debt Load?
Jun 16Is Solargiga Energy Holdings (HKG:757) A Risky Investment?
Nov 05We Think Solargiga Energy Holdings (HKG:757) Is Taking Some Risk With Its Debt
May 25Recent updates
Shareholders May Find It Hard To Justify Increasing Solargiga Energy Holdings Limited's (HKG:757) CEO Compensation For Now
Jun 05Is Solargiga Energy Holdings (HKG:757) A Risky Investment?
May 06Is Solargiga Energy Holdings (HKG:757) Weighed On By Its Debt Load?
Jun 16Returns On Capital Are A Standout For Solargiga Energy Holdings (HKG:757)
Oct 19The Strong Earnings Posted By Solargiga Energy Holdings (HKG:757) Are A Good Indication Of The Strength Of The Business
May 09Is Solargiga Energy Holdings (HKG:757) A Risky Investment?
Nov 05We Think Solargiga Energy Holdings (HKG:757) Is Taking Some Risk With Its Debt
May 25Tan Hung Sze Just Bought 2.2% More Shares In Solargiga Energy Holdings Limited (HKG:757)
Feb 27Is Solargiga Energy Holdings Limited's (HKG:757) Shareholder Ownership Skewed Towards Insiders?
Jan 19Read This Before Selling Solargiga Energy Holdings Limited (HKG:757) Shares
Dec 14Shareholders Are Thrilled That The Solargiga Energy Holdings (HKG:757) Share Price Increased 177%
Nov 18
Financial Position Analysis
Short Term Liabilities: 757's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 757's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥304.4M).
Debt to Equity History and Analysis
Debt Level: 757's net debt to equity ratio (81.1%) is considered high.
Reducing Debt: 757's debt to equity ratio has reduced from 301.6% to 99.4% 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: 757 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 757 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.4% each year
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 00:33 |
| End of Day Share Price | 2025/01/10 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Solargiga Energy Holdings Limited is covered by 17 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 |
|---|---|
| Skye Chen | BNP Paribas Securities (Asia) |
| Tsui Yan Hon | China Everbright Research Limited |
| Yu Zhang | China International Capital Corporation Limited |