China Shengmu Organic Milk (HKSE:01432) Debt-to-Equity : 0.54 (As of Dec. 2023)

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What is China Shengmu Organic Milk Debt-to-Equity?

China Shengmu Organic Milk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,011 Mil. China Shengmu Organic Milk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,376 Mil. China Shengmu Organic Milk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$4,400 Mil. China Shengmu Organic Milk's debt to equity for the quarter that ended in Dec. 2023 was 0.54.

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 China Shengmu Organic Milk's Debt-to-Equity or its related term are showing as below:

HKSE:01432' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.52 Max: 1.12
Current: 0.54

During the past 11 years, the highest Debt-to-Equity Ratio of China Shengmu Organic Milk was 1.12. The lowest was 0.40. And the median was 0.52.

HKSE:01432's Debt-to-Equity is ranked worse than
57.8% of 1654 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs HKSE:01432: 0.54

China Shengmu Organic Milk Debt-to-Equity Historical Data

The historical data trend for China Shengmu Organic Milk'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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China Shengmu Organic Milk Debt-to-Equity Chart

China Shengmu Organic Milk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.01

0.43

0.46

0.54

China Shengmu Organic Milk Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.46	0.51	0.46	0.51	0.54

Competitive Comparison of China Shengmu Organic Milk's Debt-to-Equity

For the Farm Products subindustry, China Shengmu Organic Milk'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.

China Shengmu Organic Milk's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Shengmu Organic Milk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Shengmu Organic Milk's Debt-to-Equity falls into.

China Shengmu Organic Milk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Shengmu Organic Milk'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
	=	(1011.486	+	1376.421)	/	4400.347
	=	0.54

China Shengmu Organic Milk'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
	=	(1011.486	+	1376.421)	/	4400.347
	=	0.54

China Shengmu Organic Milk (HKSE:01432) 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.

China Shengmu Organic Milk Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Shengmu Organic Milk's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China Shengmu Organic Milk (HKSE:01432) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Shengmu Organic Milk Ltd (HKSE:01432) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Inner Mongolia Autonomous Region, Food Industry Park, Deng Kou County, Bayannur, CHN

Website

http://www.youjimilk.com

China Shengmu Organic Milk Ltd is an organic dairy company in China. The company, through its subsidiaries, is engaged in the production and distribution of raw milk and dairy products. It operates in a single segment that is the Dairy Farming business. The company's income is mainly derived from its business activities in Mainland China.

Executives

Bpea Eqt Holdings Ab	2201 Interest of corporation controlled by you
Bei Jing Ke Gao Da Bei Nong Sheng Wu Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Da Bei Nong Ke Ji Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Da Bei Nong Huan Qiu Tou Zi Xiang Gang You Xian Gong Si	2101 Beneficial owner
Bpea Private Equity Gp V, L.p.	2201 Interest of corporation controlled by you
Bpea Private Equity Gp V Limited	2201 Interest of corporation controlled by you
Bpea Private Equity Fund V, L.p.	2201 Interest of corporation controlled by you
Eqt Ab	2201 Interest of corporation controlled by you
Greenbelt Global Limited	2101 Beneficial owner
Salata Jean Eric	2201 Interest of corporation controlled by you
China Mengniu Dairy Company Limited	2201 Interest of corporation controlled by you
Shao Genhuo
The Baring Asia Private Equity Fund V, L.p.	2201 Interest of corporation controlled by you
Baring Private Equity Asia Gp V, L.p.	2201 Interest of corporation controlled by you
Baring Private Equity Asia Gp V Limited	2201 Interest of corporation controlled by you

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