Kwoon Chung Bus Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Kwoon Chung Bus Holdings has a total shareholder equity of HK$2.0B and total debt of HK$1.5B, which brings its debt-to-equity ratio to 76.7%. Its total assets and total liabilities are HK$4.6B and HK$2.6B respectively. Kwoon Chung Bus Holdings's EBIT is HK$75.7M making its interest coverage ratio 0.7. It has cash and short-term investments of HK$304.1M.

Key information

76.7%

Debt to equity ratio

HK$1.54b

Debt

Interest coverage ratio	0.7x
Cash	HK$304.10m
Equity	HK$2.01b
Total liabilities	HK$2.56b
Total assets	HK$4.58b

Recent financial health updates

Health Check: How Prudently Does Kwoon Chung Bus Holdings (HKG:306) Use Debt?

Mar 17

Kwoon Chung Bus Holdings (HKG:306) Has Debt But No Earnings; Should You Worry?

Mar 22

Recent updates

Here's What Kwoon Chung Bus Holdings Limited's (HKG:306) Shareholder Ownership Structure Looks Like

Feb 13

A Look At Kwoon Chung Bus Holdings' (HKG:306) Share Price Returns

Jan 17

What Can We Learn About Kwoon Chung Bus Holdings' (HKG:306) CEO Compensation?

Dec 20

Should You Use Kwoon Chung Bus Holdings's (HKG:306) Statutory Earnings To Analyse It?

Nov 24

Financial Position Analysis

Short Term Liabilities: 306's short term assets (HK$922.1M) exceed its short term liabilities (HK$784.7M).

Long Term Liabilities: 306's short term assets (HK$922.1M) do not cover its long term liabilities (HK$1.8B).

Debt to Equity History and Analysis

Debt Level: 306's net debt to equity ratio (61.6%) is considered high.

Reducing Debt: 306's debt to equity ratio has reduced from 88.1% to 76.7% over the past 5 years.

Debt Coverage: 306's debt is not well covered by operating cash flow (13.1%).

Interest Coverage: 306's interest payments on its debt are not well covered by EBIT (0.7x coverage).

Kwoon Chung Bus Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Health Check: How Prudently Does Kwoon Chung Bus Holdings (HKG:306) Use Debt?

Kwoon Chung Bus Holdings (HKG:306) Has Debt But No Earnings; Should You Worry?

Recent updates

Full year 2024 earnings released: EPS: HK$0.067 (vs HK$0.27 loss in FY 2023)

Sentiment Still Eluding Kwoon Chung Bus Holdings Limited (HKG:306)

Now 23% undervalued after recent price drop

Full year 2024 earnings released: EPS: HK$0.067 (vs HK$0.27 loss in FY 2023)

Kwoon Chung Bus Holdings Limited, Annual General Meeting, Aug 22, 2024

Kwoon Chung Bus Holdings Limited to Report Fiscal Year 2024 Results on Jun 26, 2024

New minor risk - Market cap size

First half 2024 earnings released: EPS: HK$0.012 (vs HK$0.09 loss in 1H 2023)

Kwoon Chung Bus Holdings Limited to Report First Half, 2024 Results on Nov 28, 2023

Full year 2023 earnings released: HK$0.27 loss per share (vs HK$0.29 loss in FY 2022)

Kwoon Chung Bus Holdings Limited, Annual General Meeting, Aug 22, 2023

Full year 2023 earnings released: HK$0.27 loss per share (vs HK$0.29 loss in FY 2022)

New minor risk - Financial data availability

Kwoon Chung Bus Holdings Limited to Report Fiscal Year 2023 Results on Jun 28, 2023

First half 2023 earnings released

Kwoon Chung Bus Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended September 30, 2022

Insufficient new directors

Kwoon Chung Bus Holdings Limited to Report First Half, 2023 Results on Nov 29, 2022

Full year 2022 earnings released: HK$0.29 loss per share (vs HK$0.098 loss in FY 2021)

Full year 2022 earnings released: HK$0.29 loss per share (vs HK$0.098 loss in FY 2021)

Kwoon Chung Bus Holdings Limited, Annual General Meeting, Aug 23, 2022

Kwoon Chung Bus Holdings Limited Provides Loss Guidance for Year Ended 31 March 2021

Kwoon Chung Bus Holdings Limited to Report Fiscal Year 2022 Results on Jun 28, 2022

Insufficient new directors

Health Check: How Prudently Does Kwoon Chung Bus Holdings (HKG:306) Use Debt?

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings released: HK$0.098 loss per share (vs HK$0.043 profit in FY 2020)

Full year 2021 earnings released: HK$0.098 loss per share (vs HK$0.043 profit in FY 2020)

Kwoon Chung Bus Holdings Limited Provides Earnings Guidance for the Year Ended March 31, 2021

Kwoon Chung Bus Holdings (HKG:306) Has Debt But No Earnings; Should You Worry?

Here's What Kwoon Chung Bus Holdings Limited's (HKG:306) Shareholder Ownership Structure Looks Like

New 90-day low: HK$2.14

A Look At Kwoon Chung Bus Holdings' (HKG:306) Share Price Returns

New 90-day low: HK$2.15

First half 2021 earnings released: HK$0.16 loss per share

What Can We Learn About Kwoon Chung Bus Holdings' (HKG:306) CEO Compensation?

First half 2021 earnings released: HK$0.16 loss per share

Should You Use Kwoon Chung Bus Holdings's (HKG:306) Statutory Earnings To Analyse It?

Kwoon Chung Bus Holdings Limited to Report First Half, 2021 Results on Nov 27, 2020

New 90-day low: HK$2.16

New 90-day high - HK$2.49

Full year earnings released - EPS HK$0.043

Kwoon Chung Bus Holdings Limited Does Not Recommend the Payment of A Final Dividend for the Year Ended 31 March 2020

Kwoon Chung Bus Holdings Limited Recommends No Dividend for March 31, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies