Shunfeng International Clean Energy (HKSE:01165) Debt-to-Equity : -2.10 (As of Dec. 2023)

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What is Shunfeng International Clean Energy Debt-to-Equity?

Shunfeng International Clean Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2,967.1 Mil. Shunfeng International Clean Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$556.4 Mil. Shunfeng International Clean Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$-1,680.7 Mil. Shunfeng International Clean Energy's debt to equity for the quarter that ended in Dec. 2023 was -2.10.

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 Shunfeng International Clean Energy's Debt-to-Equity or its related term are showing as below:

HKSE:01165' s Debt-to-Equity Range Over the Past 10 Years
Min: -10 Med: -0.33 Max: 6.03
Current: -2.1

During the past 13 years, the highest Debt-to-Equity Ratio of Shunfeng International Clean Energy was 6.03. The lowest was -10.00. And the median was -0.33.

HKSE:01165's Debt-to-Equity is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 0.82 vs HKSE:01165: -2.10

Shunfeng International Clean Energy Debt-to-Equity Historical Data

The historical data trend for Shunfeng International Clean Energy'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.

Shunfeng International Clean Energy Debt-to-Equity Chart

Shunfeng International Clean Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-10.00

-5.61

-6.45

-4.61

-2.10

Shunfeng International Clean Energy Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															-3.86	-4.61	-2.63	-2.10	N/A

Competitive Comparison of Shunfeng International Clean Energy's Debt-to-Equity

For the Utilities - Renewable subindustry, Shunfeng International Clean Energy'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.

Shunfeng International Clean Energy's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shunfeng International Clean Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shunfeng International Clean Energy's Debt-to-Equity falls into.

Shunfeng International Clean Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shunfeng International Clean Energy'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
	=	(2967.133	+	556.4)	/	-1680.69
	=	-2.10

Shunfeng International Clean Energy'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
	=	(2967.133	+	556.4)	/	-1680.69
	=	-2.10

Shunfeng International Clean Energy (HKSE:01165) 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.

Shunfeng International Clean Energy Debt-to-Equity Related Terms

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Shunfeng International Clean Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shunfeng International Clean Energy Ltd (HKSE:01165) » Definitions » Debt-to-Equity

Traded in Other Exchanges

3SH:Germany

Address

Number 26 Harbour Road, Rooms 3803-05, 38/F, China Resources Building, Wan Chai, HKG

Website

http://www.sfcegroup.com

Shunfeng International Clean Energy Ltd is a diversified integrated provider of clean energies and low-carbon and energy-saving solutions. It operates in a single segment namely solar power generation. Geographically, it generates the majority of revenue from Mainland China.

Executives

Gardner Aaron Luke (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
Fok Hei Yu (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
Faithsmart Limited	2201 Interest of corporation controlled by you
Cheng Kin Ming	2201 Interest of corporation controlled by you
Bank Of Communications Co., Ltd.	2106 Person having a security interest in shares
Bocom International Holdings Company Limited	2106 Person having a security interest in shares
Tang Guoqiang	2201 Interest of corporation controlled by you
Asia Pacific Resources Development Investment Limited	2201 Interest of corporation controlled by you
Peace Link Services Limited	2201 Interest of corporation controlled by you

Shunfeng International Clean Energy Headlines

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