Veson Holdings (HKSE:01399) Debt-to-Equity : 1.20 (As of Dec. 2023)

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What is Veson Holdings Debt-to-Equity?

Veson Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,141 Mil. Veson Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$293 Mil. Veson Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,194 Mil. Veson Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.20.

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 Veson Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01399' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.52 Max: 1.2
Current: 1.2

During the past 13 years, the highest Debt-to-Equity Ratio of Veson Holdings was 1.20. The lowest was 0.36. And the median was 0.52.

HKSE:01399's Debt-to-Equity is ranked worse than
90.08% of 2631 companies
in the Industrial Products industry
Industry Median: 0.29 vs HKSE:01399: 1.20

Veson Holdings Debt-to-Equity Historical Data

The historical data trend for Veson Holdings'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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Veson Holdings Debt-to-Equity Chart

Veson Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.57

0.93

1.13

1.20

Veson Holdings 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															1.13	1.26	1.13	1.34	1.20

Competitive Comparison of Veson Holdings's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Veson Holdings'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.

Veson Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veson Holdings's Debt-to-Equity distribution charts can be found below:

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

Veson Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Veson Holdings'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
	=	(1141.433	+	292.965)	/	1193.877
	=	1.20

Veson Holdings'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
	=	(1141.433	+	292.965)	/	1193.877
	=	1.20

Veson Holdings (HKSE:01399) 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.

Veson Holdings Debt-to-Equity Related Terms

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

Veson Holdings (HKSE:01399) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veson Holdings Ltd (HKSE:01399) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN

Website

http://www.vesonhldg.com

Veson Holdings Ltd is engaged in the business of original design manufacturing (ODM business) as well as the bare battery cells business. It generates maximum revenue from the ODM business segment which involves the manufacture and supply of lithium-ion battery modules, power banks, motive battery and related accessories for branded mobile phone and tablets and EV manufacturers within and outside China. Geographically, it operates in the PRC. The company's products are used for mobile phones, tablets and digital products battery and related accessories.

Executives

Fang Jin	2201 Interest of corporation controlled by you
Right Grand Holdings Limited	2101 Beneficial owner
Swift Joy Holdings Limited	2101 Beneficial owner

Veson Holdings (HKSE:01399) Headlines

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