China U-Ton Future Space Industrial Group Holdings (HKSE:06168) Debt-to-Equity : -1.03 (As of Jun. 2022)

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What is China U-Ton Future Space Industrial Group Holdings Debt-to-Equity?

China U-Ton Future Space Industrial Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was HK$620.74 Mil. China U-Ton Future Space Industrial Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was HK$2.78 Mil. China U-Ton Future Space Industrial Group Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2022 was HK$-604.10 Mil. China U-Ton Future Space Industrial Group Holdings's debt to equity for the quarter that ended in Jun. 2022 was -1.03.

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 U-Ton Future Space Industrial Group Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:06168's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

China U-Ton Future Space Industrial Group Holdings Debt-to-Equity Historical Data

The historical data trend for China U-Ton Future Space Industrial Group 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.

* Premium members only.

China U-Ton Future Space Industrial Group Holdings Debt-to-Equity Chart

China U-Ton Future Space Industrial Group Holdings Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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1.94

2.20

2.98

-1.03

China U-Ton Future Space Industrial Group Holdings Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Debt-to-Equity	Get a 7-Day Free Trial															5.71	-1.03	N/A	-1.03	-1.03

Competitive Comparison of China U-Ton Future Space Industrial Group Holdings's Debt-to-Equity

For the Communication Equipment subindustry, China U-Ton Future Space Industrial Group 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.

China U-Ton Future Space Industrial Group Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China U-Ton Future Space Industrial Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China U-Ton Future Space Industrial Group Holdings's Debt-to-Equity falls into.

China U-Ton Future Space Industrial Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China U-Ton Future Space Industrial Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(598.019	+	3.158)	/	-583.172
	=	-1.03

China U-Ton Future Space Industrial Group Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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
	=	(620.737	+	2.779)	/	-604.095
	=	-1.03

China U-Ton Future Space Industrial Group Holdings (HKSE:06168) 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 U-Ton Future Space Industrial Group Holdings Debt-to-Equity Related Terms

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China U-Ton Future Space Industrial Group Holdings (HKSE:06168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China U-Ton Future Space Industrial Group Holdings Ltd (HKSE:06168) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit B, 28 Yee Wo Street, 12th Floor, Hang Seng Causeway Bay Building, Causeway Bay, HKG

Website

http://www.chinauton.com.hk

China U-Ton Future Space Industrial Group Holdings Ltd is engaged in providing deployment services of optical fibers. The principal activities of the Group are the provision of design, deployment and maintenance of optical fibers services, other communication networks services, environmentally intelligent technical products and services, and moneylending services. It utilizes its proprietary micro-ducts and micro-cables system deployment technology to provide optical fiber network construction and capacity expansion services. The company's generates maximum revenue share from the People's Republic of China (PRC).

Executives

Qian Tiwei	2201 Interest of corporation controlled by you
Great Sharp International Limited	2106 Person having a security interest in shares
Liu Xuezhong	2101 Beneficial owner
Li Yuelan	2201 Interest of corporation controlled by you
China Fund Limited	2101 Beneficial owner
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Fresh Idea Ventures Limited	2106 Person having a security interest in shares
Huarong International Financial Holdings Limited	2201 Interest of corporation controlled by you
Bei Jing Xing Yun Chuang Ye Tou Zi You Xian Gong Si	2101 Beneficial owner
Guo Aru
Jiang Changqing
Bright Warm Limited
Bei Jing Xing Yun Qing Ke Tou Zi Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Bei Jing Xing Ji Cheng Shi Wen Hua Chuan Mei You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Shi Zhong Xiao Qi Ye Fu Wu Zhong Xin	2201 Interest of corporation controlled by you

China U-Ton Future Space Industrial Group Holdings (HKSE:06168) Headlines

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