First Shanghai Investments (HKSE:00227) Debt-to-Equity : 0.09 (As of Dec. 2023)

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What is First Shanghai Investments Debt-to-Equity?

First Shanghai Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$148.9 Mil. First Shanghai Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$64.8 Mil. First Shanghai Investments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,366.2 Mil. First Shanghai Investments's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for First Shanghai Investments's Debt-to-Equity or its related term are showing as below:

HKSE:00227' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.13 Max: 0.26
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of First Shanghai Investments was 0.26. The lowest was 0.09. And the median was 0.13.

HKSE:00227's Debt-to-Equity is ranked better than
72.01% of 611 companies
in the Capital Markets industry
Industry Median: 0.37 vs HKSE:00227: 0.09

First Shanghai Investments Debt-to-Equity Historical Data

The historical data trend for First Shanghai Investments's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Shanghai Investments Debt-to-Equity Chart

First Shanghai Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.26

0.22

0.13

0.11

0.09

First Shanghai Investments Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.13	0.12	0.11	0.11	0.09

Competitive Comparison of First Shanghai Investments's Debt-to-Equity

For the Capital Markets subindustry, First Shanghai Investments's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Shanghai Investments's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, First Shanghai Investments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where First Shanghai Investments's Debt-to-Equity falls into.

First Shanghai Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Shanghai Investments's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(148.934	+	64.808)	/	2366.157
	=	0.09

First Shanghai Investments's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(148.934	+	64.808)	/	2366.157
	=	0.09

First Shanghai Investments (HKSE:00227) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

First Shanghai Investments Debt-to-Equity Related Terms

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First Shanghai Investments (HKSE:00227) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » First Shanghai Investments Ltd (HKSE:00227) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

71 Des Voeux Road Central, Room 1903, Wing On House, Hong Kong, HKG

Website

http://www.firstshanghai.com.hk

First Shanghai Investments Ltd is a financial conglomerate providing stock brokerage, asset management, and corporate finance. The company operates its business in four segments, Financial Services, Property Development, Property Investment and hotel, and Other businesses, of which the majority of its revenues are derived from Financial Services. The Financial Services Sector provides a full range of financial services including securities investment, securities broking, margin financing, corporate finance, underwriting and placements, and asset management. Geographically, it generates maximum revenue from Hong Kong.

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