Sinohope Technology Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Sinohope Technology Holdings has a total shareholder equity of HK$213.8M and total debt of HK$467.2M, which brings its debt-to-equity ratio to 218.5%. Its total assets and total liabilities are HK$748.6M and HK$534.9M respectively.
Key information
218.5%
Debt to equity ratio
HK$467.21m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$321.66m |
| Equity | HK$213.78m |
| Total liabilities | HK$534.87m |
| Total assets | HK$748.64m |
Recent financial health updates
Is New Huo Technology Holdings (HKG:1611) A Risky Investment?
Mar 11
Does Huobi Technology Holdings (HKG:1611) Have A Healthy Balance Sheet?
Jul 07Recent updates
Slammed 28% Sinohope Technology Holdings Limited (HKG:1611) Screens Well Here But There Might Be A Catch
Apr 25Sinohope Technology Holdings Limited (HKG:1611) Stock Rockets 36% But Many Are Still Ignoring The Company
Mar 07Is New Huo Technology Holdings (HKG:1611) A Risky Investment?
Mar 11Does Huobi Technology Holdings (HKG:1611) Have A Healthy Balance Sheet?
Jul 07Huobi Technology Holdings Limited (HKG:1611) Stocks Pounded By 32% But Not Lagging Market On Growth Or Pricing
May 30Huobi Technology Holdings Limited's (HKG:1611) Stock Retreats 32% But Earnings Haven't Escaped The Attention Of Investors
May 30Financial Position Analysis
Short Term Liabilities: 1611's short term assets (HK$671.5M) exceed its short term liabilities (HK$424.6M).
Long Term Liabilities: 1611's short term assets (HK$671.5M) exceed its long term liabilities (HK$110.2M).
Debt to Equity History and Analysis
Debt Level: 1611's net debt to equity ratio (68.1%) is considered high.
Reducing Debt: 1611's debt to equity ratio has increased from 105.5% to 218.5% 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: 1611 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1611 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.1% each year