Hi Sun Technology (China) (HKSE:00818) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Hi Sun Technology (China) Debt-to-Equity?

Hi Sun Technology (China)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$65 Mil. Hi Sun Technology (China)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$22 Mil. Hi Sun Technology (China)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$7,191 Mil. Hi Sun Technology (China)'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 Hi Sun Technology (China)'s Debt-to-Equity or its related term are showing as below:

HKSE:00818' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Hi Sun Technology (China) was 0.01. The lowest was 0.00. And the median was 0.01.

HKSE:00818's Debt-to-Equity is ranked better than
99.95% of 2213 companies
in the Software industry
Industry Median: 0.21 vs HKSE:00818: 0.01

Hi Sun Technology (China) Debt-to-Equity Historical Data

The historical data trend for Hi Sun Technology (China)'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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Hi Sun Technology (China) Debt-to-Equity Chart

Hi Sun Technology (China) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

Hi Sun Technology (China) 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															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Hi Sun Technology (China)'s Debt-to-Equity

For the Software - Infrastructure subindustry, Hi Sun Technology (China)'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.

Hi Sun Technology (China)'s Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Hi Sun Technology (China)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hi Sun Technology (China)'s Debt-to-Equity falls into.

Hi Sun Technology (China) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hi Sun Technology (China)'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
	=	(64.627	+	21.545)	/	7190.935
	=	0.01

Hi Sun Technology (China)'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
	=	(64.627	+	21.545)	/	7190.935
	=	0.01

Hi Sun Technology (China) (HKSE:00818) 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.

Hi Sun Technology (China) Debt-to-Equity Related Terms

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Hi Sun Technology (China) (HKSE:00818) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hi Sun Technology (China) Ltd (HKSE:00818) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Harbour Road, Room 2515, 25th Floor, Sun Hung Kai Centre, Wanchai, HKG

Website

http://www.hisun.com.hk

Hi Sun Technology (China) Ltd has five operating segments: payment processing, financial solutions, electronic power meters, Information security chips & solutions, and platform operation solutions. The payment processing solutions segment is engaged in the provision of payment processing services, merchant recruiting, and related products and solutions. Financial solutions provide consulting, integration, and operation services of information technology products to financial institutions and banks. The firm manufactures electronic power meters primarily for the public sector. Platform operation solutions provide operational support for telecom and payment platform solutions. Its geographical segments are Mainland China and Hong Kong.

Executives

Kopernik Global Investors Llc	2102 Investment manager
Kui Man Chun	2101 Beneficial owner

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