Jiashili Group (HKSE:01285) Debt-to-Equity : 0.78 (As of Dec. 2023)

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What is Jiashili Group Debt-to-Equity?

Jiashili Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$555 Mil. Jiashili Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$265 Mil. Jiashili Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,058 Mil. Jiashili Group's debt to equity for the quarter that ended in Dec. 2023 was 0.78.

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 Jiashili Group's Debt-to-Equity or its related term are showing as below:

HKSE:01285' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.51 Max: 0.78
Current: 0.78

During the past 11 years, the highest Debt-to-Equity Ratio of Jiashili Group was 0.78. The lowest was 0.24. And the median was 0.51.

HKSE:01285's Debt-to-Equity is ranked worse than
70.02% of 1648 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs HKSE:01285: 0.78

Jiashili Group Debt-to-Equity Historical Data

The historical data trend for Jiashili Group'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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Jiashili Group Debt-to-Equity Chart

Jiashili Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.50

0.36

0.64

0.68

0.78

Jiashili Group 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															0.64	0.75	0.68	0.91	0.78

Competitive Comparison of Jiashili Group's Debt-to-Equity

For the Packaged Foods subindustry, Jiashili Group'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.

Jiashili Group's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiashili Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiashili Group's Debt-to-Equity falls into.

Jiashili Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiashili Group'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
	=	(555.4	+	265.111)	/	1058.099
	=	0.78

Jiashili Group'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
	=	(555.4	+	265.111)	/	1058.099
	=	0.78

Jiashili Group (HKSE:01285) 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.

Jiashili Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Jiashili Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiashili Group (HKSE:01285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiashili Group Ltd (HKSE:01285) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 18 Gangkou Road, Changsha, Guangdong, Kaiping, CHN

Website

https://www.gdjsl.com

Jiashili Group Ltd is an investment holding company, which engages in the manufacture and sale of candy and biscuits in the People's Republic of China. The company offers Breakfast, Crisp, Sandwich, Wafers, Coarse grain series products and others, along with Soda biscuits, Cookies, Short biscuits, and Mooncakes. It is also involved in the wholesale and retail of pre-packaged food products. The group generates majority revenue from the sales of Breakfast biscuit series products. All of the group's operations are located in the PRC. It sells products in the PRC and also exports it to other countries.

Jiashili Group (HKSE:01285) Headlines

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