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China Construction Bank (China Construction Bank) Debt-to-Equity : 0.73 (As of Dec. 2023)


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What is China Construction Bank Debt-to-Equity?

China Construction Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. China Construction Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $322,604 Mil. China Construction Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $441,184 Mil. China Construction Bank's debt to equity for the quarter that ended in Dec. 2023 was 0.73.

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 Construction Bank's Debt-to-Equity or its related term are showing as below:

CICHY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49   Med: 0.58   Max: 0.73
Current: 0.73

During the past 13 years, the highest Debt-to-Equity Ratio of China Construction Bank was 0.73. The lowest was 0.49. And the median was 0.58.

CICHY's Debt-to-Equity is ranked worse than
51.04% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs CICHY: 0.73

China Construction Bank Debt-to-Equity Historical Data

The historical data trend for China Construction Bank'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 Construction Bank Debt-to-Equity Chart

China Construction Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.55 0.63 0.71 0.73

China Construction Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.72 0.77 0.69 0.73

Competitive Comparison of China Construction Bank's Debt-to-Equity

For the Banks - Diversified subindustry, China Construction Bank'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 Construction Bank's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Construction Bank's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Construction Bank's Debt-to-Equity falls into.



China Construction Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Construction Bank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

China Construction Bank'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.


China Construction Bank  (OTCPK:CICHY) 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 Construction Bank Debt-to-Equity Related Terms

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


China Construction Bank (China Construction Bank) Business Description

Address
No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033
As one of the big four banks, China Construction Bank is headquartered in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.