Chin Hin Group Property Berhad

KLSE:CHGP Stock Report

Market Cap: RM 1.5b

Chin Hin Group Property Berhad Balance Sheet Health

Financial Health criteria checks 2/6

Chin Hin Group Property Berhad has a total shareholder equity of MYR420.1M and total debt of MYR555.0M, which brings its debt-to-equity ratio to 132.1%. Its total assets and total liabilities are MYR1.4B and MYR1.0B respectively. Chin Hin Group Property Berhad's EBIT is MYR24.6M making its interest coverage ratio 1.8. It has cash and short-term investments of MYR135.3M.

Key information

132.1%

Debt to equity ratio

RM 555.02m

Debt

Interest coverage ratio1.8x
CashRM 135.25m
EquityRM 420.14m
Total liabilitiesRM 1.01b
Total assetsRM 1.43b

Recent financial health updates

No updates

Recent updates

Chin Hin Group Property Berhad's (KLSE:CHGP) Shares May Have Run Too Fast Too Soon

Oct 03
Chin Hin Group Property Berhad's (KLSE:CHGP) Shares May Have Run Too Fast Too Soon

Chin Hin Group Property Berhad's (KLSE:CHGP) Earnings Aren't As Good As They Appear

Sep 11
Chin Hin Group Property Berhad's (KLSE:CHGP) Earnings Aren't As Good As They Appear

After Leaping 55% Chin Hin Group Property Berhad (KLSE:CHGP) Shares Are Not Flying Under The Radar

Apr 25
After Leaping 55% Chin Hin Group Property Berhad (KLSE:CHGP) Shares Are Not Flying Under The Radar

Chin Hin Group Property Berhad (KLSE:CHGP) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

Feb 28
Chin Hin Group Property Berhad (KLSE:CHGP) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

Financial Position Analysis

Short Term Liabilities: CHGP's short term assets (MYR1.2B) exceed its short term liabilities (MYR660.8M).

Long Term Liabilities: CHGP's short term assets (MYR1.2B) exceed its long term liabilities (MYR350.0M).


Debt to Equity History and Analysis

Debt Level: CHGP's net debt to equity ratio (99.9%) is considered high.

Reducing Debt: CHGP's debt to equity ratio has increased from 26.5% to 132.1% over the past 5 years.

Debt Coverage: CHGP's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: CHGP's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


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