Shunten International (Holdings) (HKSE:00932) Debt-to-Equity : 0.71 (As of Mar. 2024)

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What is Shunten International (Holdings) Debt-to-Equity?

Shunten International (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$115.7 Mil. Shunten International (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$6.5 Mil. Shunten International (Holdings)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was HK$172.9 Mil. Shunten International (Holdings)'s debt to equity for the quarter that ended in Mar. 2024 was 0.71.

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 Shunten International (Holdings)'s Debt-to-Equity or its related term are showing as below:

HKSE:00932' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.93 Max: 7.36
Current: 0.78

During the past 12 years, the highest Debt-to-Equity Ratio of Shunten International (Holdings) was 7.36. The lowest was 0.02. And the median was 0.93.

HKSE:00932's Debt-to-Equity is ranked worse than
70.91% of 1657 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs HKSE:00932: 0.78

Shunten International (Holdings) Debt-to-Equity Historical Data

The historical data trend for Shunten International (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.

Shunten International (Holdings) Debt-to-Equity Chart

Shunten International (Holdings) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.37

7.36

1.16

0.59

0.71

Shunten International (Holdings) Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.72	0.59	0.70	0.71	0.78

Competitive Comparison of Shunten International (Holdings)'s Debt-to-Equity

For the Packaged Foods subindustry, Shunten International (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.

Shunten International (Holdings)'s Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shunten International (Holdings)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shunten International (Holdings)'s Debt-to-Equity falls into.

Shunten International (Holdings) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shunten International (Holdings)'s Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(115.719	+	6.46)	/	172.887
	=	0.71

Shunten International (Holdings)'s Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(115.719	+	6.46)	/	172.887
	=	0.71

Shunten International (Holdings) (HKSE:00932) 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.

Shunten International (Holdings) Debt-to-Equity Related Terms

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

Shunten International (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shunten International (Holdings) Ltd (HKSE:00932) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

100 Kwai Cheong Road, Unit D, 7th Floor, KC100, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.shunten.com.hk

Shunten International (Holdings) Ltd is an investment holding company. The company's segments are Health and beauty supplements and products business and products and property investment. It generates maximum revenue from Health and beauty supplements and products.

Executives

Leading Virtue Holdings Limited	2101 Beneficial owner
Hammer Capital Ventures Limited	2501 Other
Cheung Siu Fai
Prosper Rich Investments Limited	2101 Beneficial owner
Leung Lisa	2201 Interest of corporation controlled by you
Hammer Capital Private Investments Limited	2106 Person having a security interest in shares
Tsang Ling Kay Rodney	2201 Interest of corporation controlled by you
Able Island Group Limited	2101 Beneficial owner
Cosmo Group Holdings Limited	2101 Beneficial owner
Symphony Holdings Limited	2201 Interest of corporation controlled by you
Chan Yan Tak	2201 Interest of corporation controlled by you
Altair Asia Investments Limited	2101 Beneficial owner
Ardon Maroon Fund Management Limited	2201 Interest of corporation controlled by you

Shunten International (Holdings) Headlines

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