China Financial Services Holdings (HKSE:00605) Debt-to-Equity : 1.84 (As of Dec. 2023)

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What is China Financial Services Holdings Debt-to-Equity?

China Financial Services Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,125.5 Mil. China Financial Services Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$13.4 Mil. China Financial Services Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$620.7 Mil. China Financial Services Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.83.

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 Financial Services Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00605' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.56 Max: 1.95
Current: 1.84

During the past 13 years, the highest Debt-to-Equity Ratio of China Financial Services Holdings was 1.95. The lowest was 0.21. And the median was 0.56.

HKSE:00605's Debt-to-Equity is ranked worse than
60.97% of 433 companies
in the Credit Services industry
Industry Median: 1.13 vs HKSE:00605: 1.84

China Financial Services Holdings Debt-to-Equity Historical Data

The historical data trend for China Financial Services 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.

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China Financial Services Holdings Debt-to-Equity Chart

China Financial Services Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.31

1.91

1.95

1.75

1.84

China Financial Services Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.95	1.96	1.75	1.88	1.84

Competitive Comparison of China Financial Services Holdings's Debt-to-Equity

For the Credit Services subindustry, China Financial Services 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.

China Financial Services Holdings's Debt-to-Equity Distribution in the Credit Services Industry

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

* The bar in red indicates where China Financial Services Holdings's Debt-to-Equity falls into.

China Financial Services Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Financial Services Holdings'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
	=	(1125.543	+	13.397)	/	620.714
	=	1.83

China Financial Services Holdings'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
	=	(1125.543	+	13.397)	/	620.714
	=	1.83

China Financial Services Holdings (HKSE:00605) 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 Financial Services Holdings Debt-to-Equity Related Terms

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

China Financial Services Holdings (HKSE:00605) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » China Financial Services Holdings Ltd (HKSE:00605) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Harbour Road, Suite 5606, 56th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.cfsh.com.hk

China Financial Services Holdings Ltd is a non-bank financial service provider. The company is involved in providing customized financial services and solutions to small and medium-sized enterprises (SMEs). It is primarily engaged in the direct loan, financial guarantee and financial advisory businesses. The company finances its direct loan services using its own capital. In view of helping SMEs to obtain a loan from financial institutions, the company provides financial guarantee services through its financial guarantee company. Geographically, it has operations in Hong Kong, China, and the United Kingdom. Most of the group's revenue is generated from China.

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