Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Cocoon HoldingsHKSE:00428 -0.53%35 Debt-to-Equity is 0.01 as of Dec. 2025, which is 92% below its 10-year median of 0.12. GuruFocus rates HKSE:00428 with a GF Score™ of 35/100. Among 609 Capital Markets companies, Cocoon Holdings ranks better than 99.84% on this metric.
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 Cocoon Holdings's Debt-to-Equity or its related term are showing as below:
HKSE:00428'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.24
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of Cocoon Holdings was 0.24. The lowest was 0.01. And the median was 0.12.
HKSE:00428's Debt-to-Equity is ranked better than 99.84% of 609
companies
in the Capital Markets industry
Industry Median: 0.32
vs HKSE:00428: 0.01
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.
Cocoon Holdings Debt-to-Equity Related Terms
Cocoon Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Cocoon 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.
HKSE:00428 vs MS, GS, SCHW: Debt-to-Equity Comparison
For the Capital Markets subindustry, Cocoon 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.
Cocoon Holdings Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Cocoon Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Cocoon Holdings's Debt-to-Equity falls into.
* 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.
Cocoon Holdings (HKSE:00428) has a Debt-to-Equity of 0.01 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cocoon Holdings and its competitors. This is 92% below median its historical median of 0.12. Over the past decade, Cocoon Holdings' Debt-to-Equity has ranged from 0.01 to 0.24. According to the industry distribution chart, Cocoon Holdings ranks #1 out of 609 companies in the Capital Markets industry, placing it in the top 0.2%.
Is Cocoon Holdings' Debt-to-Equity too high?
Cocoon Holdings' current Debt-to-Equity of 0.01 is 92% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.24. The Capital Markets industry median Debt-to-Equity is 0.32. Cocoon Holdings' value of 0.01 is 96.9% below this industry median. Based on the distribution chart, Cocoon Holdings ranks #1 out of 609 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Cocoon Holdings has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Cocoon Holdings' Debt-to-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Cocoon Holdings ranks #1 out of 609 companies for Debt-to-Equity. This places Cocoon Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.32. Cocoon Holdings' value of 0.01 is 96.9% below this benchmark. Historically, Cocoon Holdings' own Debt-to-Equity has ranged from 0.01 to 0.24 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.32, Cocoon Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cocoon Holdings's current Debt-to-Equity of 0.01 is 96.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cocoon Holdings and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cocoon Holdings's current Debt-to-Equity is 0.01, which is 92% below median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cocoon Holdings stock overvalued right now?
Cocoon Holdings (HKSE:00428) has a current Debt-to-Equity of 0.01. The current Debt-to-Equity is 0.01, which is 92% below median its 10-year median of 0.12 and 96.9% below the Capital Markets industry median of 0.32. Cocoon Holdings' overall GF Score™ is 35/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Cocoon Holdings (HKSE:00428), the current Debt-to-Equity is 0.01 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Cocoon Holdings Ltd is a Hong Kong-based investment holding company engaged in investment activities. The companies business activity is organized into a single operating segment, being investments in securities listed on recognized stock exchanges and unlisted investments with a potential for earnings growth and capital appreciation The companies revenue comprised dividend income, interest earned from bank deposits and loans and receivables. The group mainly operates its businesses in Hong Kong.
35GF Score
Get the complete analysis for HKSE:00428
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00428 has been successfully added to your 
