Shuanghua Holdings (HKSE:01241) Debt-to-Equity : 0.00 (As of Jun. 2024)

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What is Shuanghua Holdings Debt-to-Equity?

Shuanghua Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$0.40 Mil. Shuanghua Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$0.01 Mil. Shuanghua Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$295.41 Mil. Shuanghua Holdings's debt to equity for the quarter that ended in Jun. 2024 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 Shuanghua Holdings's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Shuanghua Holdings was 0.01. The lowest was 0.00. And the median was 0.00.

HKSE:01241's Debt-to-Equity is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 0.48
* Ranked among companies with meaningful Debt-to-Equity only.

Shuanghua Holdings Debt-to-Equity Historical Data

The historical data trend for Shuanghua 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.

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Shuanghua Holdings Debt-to-Equity Chart

Shuanghua Holdings Annual Data

Trend

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Dec24

Debt-to-Equity

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0.01

Shuanghua Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Shuanghua Holdings's Debt-to-Equity

For the Auto Parts subindustry, Shuanghua 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.

Shuanghua Holdings's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shuanghua Holdings's Debt-to-Equity distribution charts can be found below:

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

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Shuanghua Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shuanghua 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
	=	(0.821	+	0)	/	303.622
	=	0.00

Shuanghua Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.395	+	0.014)	/	295.411
	=	0.00

Shuanghua Holdings (HKSE:01241) 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.

Shuanghua Holdings Debt-to-Equity Related Terms

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Shuanghua Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shuanghua Holdings Ltd (HKSE:01241) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 458 Fushan Road, 9th Floor, Tongsheng Building, Pudong District, Shanghai, CHN, 200122

Website

http://www.shshuanghua.com

Shuanghua Holdings Ltd is the manufacturer of auto air conditioners and their components. The company is engaged in the trading, manufacturing, research, and development of auto parts (mainly automotive HVAC components) and supply chain management, mainly centered on cold storage and cold chain supply. The company has two operating segments which include the Supply chain management business and the Automobile parts business. The supply chain management business segment includes Supply chain services and Food Supply.

Executives

Xu Zonglin

2101 Beneficial owner

Shuanghua Holdings Headlines

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