Cherish Sunshine International (HKSE:01094) Debt-to-Equity : 0.42 (As of Sep. 2024)

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What is Cherish Sunshine International Debt-to-Equity?

Cherish Sunshine International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$112.3 Mil. Cherish Sunshine International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$39.2 Mil. Cherish Sunshine International's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$363.1 Mil. Cherish Sunshine International's debt to equity for the quarter that ended in Sep. 2024 was 0.42.

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 Cherish Sunshine International's Debt-to-Equity or its related term are showing as below:

HKSE:01094' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.2 Max: 0.43
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Cherish Sunshine International was 0.43. The lowest was 0.04. And the median was 0.20.

HKSE:01094's Debt-to-Equity is ranked better than
57.31% of 499 companies
in the Conglomerates industry
Industry Median: 0.57 vs HKSE:01094: 0.42

Cherish Sunshine International Debt-to-Equity Historical Data

The historical data trend for Cherish Sunshine International'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.

Cherish Sunshine International Debt-to-Equity Chart

Cherish Sunshine International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.16

0.13

0.43

0.40

Cherish Sunshine International Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.27	0.43	0.23	0.40	0.42

Competitive Comparison of Cherish Sunshine International's Debt-to-Equity

For the Conglomerates subindustry, Cherish Sunshine International'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.

Cherish Sunshine International's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Cherish Sunshine International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cherish Sunshine International's Debt-to-Equity falls into.

Cherish Sunshine International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cherish Sunshine International'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
	=	(46.986	+	77.123)	/	307.005
	=	0.40

Cherish Sunshine International's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(112.335	+	39.197)	/	363.101
	=	0.42

Cherish Sunshine International (HKSE:01094) 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.

Cherish Sunshine International Debt-to-Equity Related Terms

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Cherish Sunshine International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Cherish Sunshine International Ltd (HKSE:01094) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1818–2 Wenyi West Road, Yuhang Street, Unit 109–14, Block 1, Yuhang District, Zhejiang Province, Hangzhou, CHN

Website

http://www.sunshine1094.com

Cherish Sunshine International Ltd is a provider of one-stop integrated procurement service solutions in China. Its segments are the provision of procurement services and other IT services, trading business, rental income, and energy management contracting business. The majority of the revenue derives from the trading segment which engaged in the Trading of general goods.

Executives

Eastmount Global Limited	2101 Beneficial owner
Liu Luoxiu	2307 Founder of a discretionary trust who can infl
Wu Siyuan	2501 Other
Trident Trust Company (singapore) Pte Limited	2301 Trustee
Jiang Xi Yin Xing Gu Fen You Xian Gong Si	2106 Person having a security interest in shares

Cherish Sunshine International Headlines

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