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Dingdang Health Technology Group (HKSE:09886) Debt-to-Equity : 0.07 (As of Dec. 2023)


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What is Dingdang Health Technology Group Debt-to-Equity?

Dingdang Health Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$61 Mil. Dingdang Health Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$92 Mil. Dingdang Health Technology Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,228 Mil. Dingdang Health Technology Group's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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

HKSE:09886' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.37   Med: -0.08   Max: 0.08
Current: 0.07

During the past 6 years, the highest Debt-to-Equity Ratio of Dingdang Health Technology Group was 0.08. The lowest was -0.37. And the median was -0.08.

HKSE:09886's Debt-to-Equity is ranked better than
84.28% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs HKSE:09886: 0.07

Dingdang Health Technology Group Debt-to-Equity Historical Data

The historical data trend for Dingdang Health Technology 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.

* Premium members only.

Dingdang Health Technology Group Debt-to-Equity Chart

Dingdang Health Technology Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial -0.27 -0.10 -0.06 0.08 0.07

Dingdang Health Technology Group Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only -0.06 -0.05 0.08 0.07 0.07

Competitive Comparison of Dingdang Health Technology Group's Debt-to-Equity

For the Health Information Services subindustry, Dingdang Health Technology 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.


Dingdang Health Technology Group's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dingdang Health Technology Group's Debt-to-Equity distribution charts can be found below:

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



Dingdang Health Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dingdang Health Technology Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dingdang Health Technology Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Dingdang Health Technology Group  (HKSE:09886) 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.


Dingdang Health Technology Group Debt-to-Equity Related Terms

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Dingdang Health Technology Group (HKSE:09886) Business Description

Traded in Other Exchanges
N/A
Address
Dengshikou Street, Building 1, Yard 50, Dongcheng District, Beijing, CHN
Dingdang Health Technology Group Ltd is an investment holding company and its subsidiaries are principally engaged in the provision of pharmaceutical and healthcare business in the PRC. It is transforming and reshaping China's healthcare industry by pioneering on-demand pharmaceutical retail and medical consultation, with online-to-offline solutions.
Executives
Yang Yibin 2201 Interest of corporation controlled by you
Tpg Operating Group Iii, L.p. 2201 Interest of corporation controlled by you
Tpg Inc. 2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong Kong Gu Shen Zhen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Zi Ben Guan Li Shen Zhen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao Yin Jin Rong Kong Gu Shen Zhen You Xian Gong Si 2201 Interest of corporation controlled by you
Xing Xin You Xian Gong Si
Jian Xing You Xian Gong Si
Zhi Ying Ji Tuan You Xian Gong Si
Jian Fa You Xian Gong Si
Jin Fa You Xian Gong Si
Zhi Sheng Qi Ye You Xian Gong Si
Chuang Ji Tou Zi You Xian Gong Si

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