China Electronics Optics Valley Union Holding Co (HKSE:00798) Debt-to-Equity : 1.00 (As of Dec. 2023)

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What is China Electronics Optics Valley Union Holding Co Debt-to-Equity?

China Electronics Optics Valley Union Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3,823 Mil. China Electronics Optics Valley Union Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5,035 Mil. China Electronics Optics Valley Union Holding Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$8,822 Mil. China Electronics Optics Valley Union Holding Co's debt to equity for the quarter that ended in Dec. 2023 was 1.00.

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 China Electronics Optics Valley Union Holding Co's Debt-to-Equity or its related term are showing as below:

HKSE:00798' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.9 Max: 1.42
Current: 1

During the past 11 years, the highest Debt-to-Equity Ratio of China Electronics Optics Valley Union Holding Co was 1.42. The lowest was 0.57. And the median was 0.90.

HKSE:00798's Debt-to-Equity is ranked worse than
60.3% of 1587 companies
in the Real Estate industry
Industry Median: 0.76 vs HKSE:00798: 1.00

China Electronics Optics Valley Union Holding Co Debt-to-Equity Historical Data

The historical data trend for China Electronics Optics Valley Union Holding Co'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.

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China Electronics Optics Valley Union Holding Co Debt-to-Equity Chart

China Electronics Optics Valley Union Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.85

0.95

0.82

1.00

China Electronics Optics Valley Union Holding Co 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															0.82	1.05	1.00	1.03	1.00

Competitive Comparison of China Electronics Optics Valley Union Holding Co's Debt-to-Equity

For the Real Estate Services subindustry, China Electronics Optics Valley Union Holding Co'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.

China Electronics Optics Valley Union Holding Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Electronics Optics Valley Union Holding Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Electronics Optics Valley Union Holding Co's Debt-to-Equity falls into.

China Electronics Optics Valley Union Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Electronics Optics Valley Union Holding Co'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
	=	(3822.735	+	5035.074)	/	8822.252
	=	1.00

China Electronics Optics Valley Union Holding Co'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
	=	(3822.735	+	5035.074)	/	8822.252
	=	1.00

China Electronics Optics Valley Union Holding Co (HKSE:00798) 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.

China Electronics Optics Valley Union Holding Co Debt-to-Equity Related Terms

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China Electronics Optics Valley Union Holding Co (HKSE:00798) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Electronics Optics Valley Union Holding Co Ltd (HKSE:00798) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

16 Ye Zhi Hu West Road, Building No. 1, Higher Level, Creative Capital, Hongshan District, Hubei, Wuhan, CHN

Website

http://www.ceovu.com

China Electronics Optics Valley Union Holding Co Ltd is an investment holding company engaged in the development of properties. The segments are Industrial Park development services; industrial park operation services including design and construction services, property management services, leasing services, energy services, digital park (apartment) services, incubator and office sharing services, industrial park financial services as well as group catering and hotel services; and industrial investment this segment represents industrial-related industry investment businesses in various theme parks. The group's operations are located in Mainland China.

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