Ta Yang Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Ta Yang Group Holdings has a total shareholder equity of HK$40.1M and total debt of HK$212.4M, which brings its debt-to-equity ratio to 529.1%. Its total assets and total liabilities are HK$716.7M and HK$676.5M respectively.
Key information
529.1%
Debt to equity ratio
HK$212.44m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$18.94m |
| Equity | HK$40.15m |
| Total liabilities | HK$676.54m |
| Total assets | HK$716.69m |
Recent financial health updates
Is Ta Yang Group Holdings (HKG:1991) Using Too Much Debt?
Oct 13
Is Ta Yang Group Holdings (HKG:1991) Weighed On By Its Debt Load?
Nov 08Is Ta Yang Group Holdings (HKG:1991) Weighed On By Its Debt Load?
Apr 02Recent updates
Take Care Before Jumping Onto Ta Yang Group Holdings Limited (HKG:1991) Even Though It's 26% Cheaper
Oct 30Shareholders Should Be Pleased With Ta Yang Group Holdings Limited's (HKG:1991) Price
Mar 02Optimistic Investors Push Ta Yang Group Holdings Limited (HKG:1991) Shares Up 37% But Growth Is Lacking
Apr 18Is Ta Yang Group Holdings (HKG:1991) Using Too Much Debt?
Oct 13Is Ta Yang Group Holdings (HKG:1991) Weighed On By Its Debt Load?
Nov 08Is Ta Yang Group Holdings (HKG:1991) Weighed On By Its Debt Load?
Apr 02Financial Position Analysis
Short Term Liabilities: 1991's short term assets (HK$433.9M) do not cover its short term liabilities (HK$577.0M).
Long Term Liabilities: 1991's short term assets (HK$433.9M) exceed its long term liabilities (HK$99.5M).
Debt to Equity History and Analysis
Debt Level: 1991's net debt to equity ratio (482%) is considered high.
Reducing Debt: 1991's debt to equity ratio has increased from 70.6% to 529.1% 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: 1991 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1991 has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.5% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 17:19 |
| End of Day Share Price | 2024/12/24 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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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
Ta Yang Group Holdings Limited is covered by 4 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 |
|---|---|
| K. Lau | Citigroup Inc |
| Chi Man Wong | Everbright Securities Co. Ltd. |
| Desmond Chan | Everbright Securities International (HK) Limited (“EBSIHK”) |