Wai Chi Holdings Co (HKSE:01305) Debt-to-Equity : 0.48 (As of Jun. 2024)

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What is Wai Chi Holdings Co Debt-to-Equity?

Wai Chi Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$369 Mil. Wai Chi Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$61 Mil. Wai Chi Holdings Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$891 Mil. Wai Chi Holdings Co's debt to equity for the quarter that ended in Jun. 2024 was 0.48.

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 Wai Chi Holdings Co's Debt-to-Equity or its related term are showing as below:

HKSE:01305' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.49 Max: 0.69
Current: 0.43

During the past 12 years, the highest Debt-to-Equity Ratio of Wai Chi Holdings Co was 0.69. The lowest was 0.30. And the median was 0.49.

HKSE:01305's Debt-to-Equity is ranked worse than
62.9% of 2175 companies
in the Hardware industry
Industry Median: 0.28 vs HKSE:01305: 0.43

Wai Chi Holdings Co Debt-to-Equity Historical Data

The historical data trend for Wai Chi Holdings Co'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.

Wai Chi Holdings Co Debt-to-Equity Chart

Wai Chi Holdings Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

0.50

0.42

0.56

0.32

0.43

Wai Chi Holdings Co 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															0.56	0.69	0.32	0.48	0.43

Competitive Comparison of Wai Chi Holdings Co's Debt-to-Equity

For the Electronic Components subindustry, Wai Chi Holdings Co'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.

Wai Chi Holdings Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wai Chi Holdings Co's Debt-to-Equity distribution charts can be found below:

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

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Wai Chi Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wai Chi Holdings Co'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
	=	(275.565	+	3.175)	/	866.519
	=	0.32

Wai Chi Holdings Co'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
	=	(369.43	+	61.188)	/	890.896
	=	0.48

Wai Chi Holdings Co (HKSE:01305) 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.

Wai Chi Holdings Co Debt-to-Equity Related Terms

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Wai Chi Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wai Chi Holdings Co Ltd (HKSE:01305) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

63 King Yip Street, 6th Floor, Liven House, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.waichiholdings.com

Wai Chi Holdings Co Ltd engages in the manufacturing of light-emitting diode (LED) products for public and commercial use. It operates through the following segments: LED Backlight, LED Lighting, and Semiconductor memory chips. The LED backlight segment engages in the manufacturing and trading of LED backlight products in different sizes and applications. The LED lighting segment engages in the manufacturing and trading of LED lighting products for public and commercial use. The Semiconductor memory chips segment engages Provision of packaging and testing services and related product sourcing business. Geographically the company receives maximum revenue from the People's Republic of China.

Executives

Luk Fong	2201 Interest of corporation controlled by you
Chu Yuet Wah
Ample Cheer Limited	2201 Interest of corporation controlled by you
Kingston Finance Limited	2106 Person having a security interest in shares
Yiu Chi To	2201 Interest of corporation controlled by you
Rui Shi Ke Ji You Xian Gong Si	2101 Beneficial owner

Wai Chi Holdings Co Headlines

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