Chu Kong Shipping Enterprises (Group) Balance Sheet Health
Financial Health criteria checks 5/6
Chu Kong Shipping Enterprises (Group) has a total shareholder equity of HK$3.5B and total debt of HK$371.8M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are HK$4.5B and HK$1.0B respectively. Chu Kong Shipping Enterprises (Group)'s EBIT is HK$121.2M making its interest coverage ratio 24.1. It has cash and short-term investments of HK$964.0M.
Key information
10.6%
Debt to equity ratio
HK$371.77m
Debt
| Interest coverage ratio | 24.1x |
| Cash | HK$963.98m |
| Equity | HK$3.50b |
| Total liabilities | HK$1.02b |
| Total assets | HK$4.51b |
Recent financial health updates
No updates
Recent updates
Chu Kong Shipping Enterprises (Group) (HKG:560) Has Re-Affirmed Its Dividend Of HK$0.02
Jun 02
Chu Kong Shipping Enterprises (Group) (HKG:560) Will Pay A Dividend Of HK$0.02
Apr 27Chu Kong Shipping Enterprises (Group) (HKG:560) Has Announced A Dividend Of HK$0.02
Mar 25Chu Kong Shipping Enterprises (Group) (HKG:560) Share Prices Have Dropped 60% In The Last Five Years
Dec 14
Financial Position Analysis
Short Term Liabilities: 560's short term assets (HK$1.5B) exceed its short term liabilities (HK$754.7M).
Long Term Liabilities: 560's short term assets (HK$1.5B) exceed its long term liabilities (HK$260.6M).
Debt to Equity History and Analysis
Debt Level: 560 has more cash than its total debt.
Reducing Debt: 560's debt to equity ratio has increased from 10.1% to 10.6% over the past 5 years.
Debt Coverage: 560's debt is well covered by operating cash flow (39.9%).
Interest Coverage: 560's interest payments on its debt are well covered by EBIT (24.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:43 |
| End of Day Share Price | 2024/12/30 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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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
Chu Kong Shipping Enterprises (Group) Company Limited is covered by 2 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 |
|---|---|
| Lewis Pang | Cinda International Research Limited |
| Lawrence Li | UOB Kay Hian Research Pte Ltd |