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Hunan Hualian China Industry Co (SZSE:001216) Debt-to-Equity

: 0.01 (As of Dec. 2023)
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Hunan Hualian China Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥5 Mil. Hunan Hualian China Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥8 Mil. Hunan Hualian China Industry Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥1,586 Mil. Hunan Hualian China Industry Co's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Hunan Hualian China Industry Co's Debt-to-Equity or its related term are showing as below:

SZSE:001216' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.1   Max: 0.81
Current: 0.01

During the past 10 years, the highest Debt-to-Equity Ratio of Hunan Hualian China Industry Co was 0.81. The lowest was 0.01. And the median was 0.10.

SZSE:001216's Debt-to-Equity is ranked better than
99.74% of 383 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs SZSE:001216: 0.01

Hunan Hualian China Industry Co Debt-to-Equity Historical Data

The historical data trend for Hunan Hualian China Industry Co'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.02 [6] => 0.02 [7] => 0.01 [8] => 0.01 [9] => 0.01 )
Hunan Hualian China Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.01 0.01 0.01

Hunan Hualian China Industry Co Quarterly Data
Dec16 Jun17 Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Hunan Hualian China Industry Co'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.


Hunan Hualian China Industry Co Debt-to-Equity Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hunan Hualian China Industry Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hunan Hualian China Industry Co's Debt-to-Equity falls into.



Hunan Hualian China Industry Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hunan Hualian China Industry Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hunan Hualian China Industry Co'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.


Hunan Hualian China Industry Co  (SZSE:001216) 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.


Hunan Hualian China Industry Co Debt-to-Equity Related Terms

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Hunan Hualian China Industry Co (SZSE:001216) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Wanyi Road, Xishan Office, Hunan Province, Liling City, CHN, 412205
Hunan Hualian China Industry Co Ltd is engaged in the research and development, design, production and sales of ceramic products. The company's products are mainly daily-use ceramics such as colored glaze ceramics and underglaze multicolored ceramics.

Hunan Hualian China Industry Co (SZSE:001216) Headlines

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