China Minsheng Banking (SHSE:600016) Debt-to-Equity : 1.27 (As of Dec. 2023)

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What is China Minsheng Banking Debt-to-Equity?

China Minsheng Banking's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥0 Mil. China Minsheng Banking's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥790,823 Mil. China Minsheng Banking's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥624,602 Mil. China Minsheng Banking's debt to equity for the quarter that ended in Dec. 2023 was 1.27.

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 Minsheng Banking's Debt-to-Equity or its related term are showing as below:

SHSE:600016' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 1.41 Max: 2.13
Current: 1.27

During the past 13 years, the highest Debt-to-Equity Ratio of China Minsheng Banking was 2.13. The lowest was 0.72. And the median was 1.41.

SHSE:600016's Debt-to-Equity is ranked worse than
71.59% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs SHSE:600016: 1.27

China Minsheng Banking Debt-to-Equity Historical Data

The historical data trend for China Minsheng Banking'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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China Minsheng Banking Debt-to-Equity Chart

China Minsheng Banking Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.86

2.13

1.37

1.26

1.27

China Minsheng Banking 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															1.26	1.09	1.21	1.20	1.27

Competitive Comparison of China Minsheng Banking's Debt-to-Equity

For the Banks - Regional subindustry, China Minsheng Banking'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 Minsheng Banking's Debt-to-Equity Distribution in the Banks Industry

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

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

China Minsheng Banking Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Minsheng Banking'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
	=	(0	+	790823)	/	624602
	=	1.27

China Minsheng Banking'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
	=	(0	+	790823)	/	624602
	=	1.27

China Minsheng Banking (SHSE:600016) 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 Minsheng Banking Debt-to-Equity Related Terms

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China Minsheng Banking (SHSE:600016) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Minsheng Banking Corp Ltd (SHSE:600016) » Definitions » Debt-to-Equity

Traded in Other Exchanges

CMAKY:USA CGMBF:USA 01988:Hong Kong GHFH:Germany

Address

No. 2, Fuxingmennei Avenue, Xicheng District, Beijing, CHN, 100031

Website

https://www.cmbc.com.cn

Founded in 1996, China Minsheng Banking Corp. is one of the first privately owned commercial banks in China, with headquarters in Beijing. Its shares listed on the Shanghai Exchange in 2000, and on the Hong Kong Exchange in 2009. It positions itself as a bank for non-state-owned enterprises, micro- and small enterprises, and high-end retail customers. CMBC has a diversified shareholding structure, with over 23,000 banking outlets in 125 cities in China.

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