Qianhai Health Holdings (HKSE:00911) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Qianhai Health Holdings Debt-to-Equity?

Qianhai Health Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.5 Mil. Qianhai Health Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.0 Mil. Qianhai Health Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$384.1 Mil. Qianhai Health Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

During the past 11 years, the highest Debt-to-Equity Ratio of Qianhai Health Holdings was 3.09. The lowest was 0.00. And the median was 0.02.

HKSE:00911's Debt-to-Equity is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 0.3
* Ranked among companies with meaningful Debt-to-Equity only.

Qianhai Health Holdings Debt-to-Equity Historical Data

The historical data trend for Qianhai Health 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.

* Premium members only.

Qianhai Health Holdings Debt-to-Equity Chart

Qianhai Health Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.04

0.01

Qianhai Health 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															0.01	-	-	-	-

Competitive Comparison of Qianhai Health Holdings's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Qianhai Health 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.

Qianhai Health Holdings's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Qianhai Health Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Qianhai Health Holdings's Debt-to-Equity falls into.

Qianhai Health Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Qianhai Health 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
	=	(0.487	+	0)	/	384.114
	=	0.00

Qianhai Health 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
	=	(0.487	+	0)	/	384.114
	=	0.00

Qianhai Health Holdings (HKSE:00911) 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.

Qianhai Health Holdings Debt-to-Equity Related Terms

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Qianhai Health Holdings (HKSE:00911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Qianhai Health Holdings Ltd (HKSE:00911) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

177-183 Wing Lok Street, Room 301-3, 3rd Floor, Wing Tuck Commercial Centre, Sheung Wan, Hong Kong, HKG

Website

https://www.qianhaihealth.com.hk

Qianhai Health Holdings Ltd principally engaged in the sale of health products and electronic component products. It includes Chinese herbal medicines, skin-care and other healthcare products and the sale of information technology components products. The operating segments of the group are Healthcare products and Electronic component products. Healthcare products includes sale of healthcare products including Chinese herbal medicines, skincare and other healthcare products. Electronic component products includes sale of information technology components products including central processing unit and semiconductors. The group's revenue is all derived from Hong Kong.

Executives

Huang Guanchao	2101 Beneficial owner
Shinewing Sas (nominee Services) No. 3 Limited	2501 Other
Hou Chung Man	2501 Other
Tang Chung Wah	2501 Other
Sparkling Rock Limited	2201 Interest of corporation controlled by you
Chong Siew Hoong	2202 Interest of your spouse
Lim Tzea	2101 Beneficial owner
Explorer Rosy Limited
Great Prosperous Limited
Noble Stand Global Limited
Thousands Beauties Limited
Yunnan Energy Investment (h K) Co. Limited	2106 Person having a security interest in shares
Yunnan International Holding Group Limited	2106 Person having a security interest in shares
Yunnan International Supply Chain Limited	2106 Person having a security interest in shares
Yunnan Provincial Energy Investment Group Co., Ltd	2106 Person having a security interest in shares

Qianhai Health Holdings (HKSE:00911) Headlines

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