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Zhou Hei Ya International Holdings Co (HKSE:01458) Debt-to-Equity : 0.07 (As of Dec. 2023)


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What is Zhou Hei Ya International Holdings Co Debt-to-Equity?

Zhou Hei Ya International Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$190 Mil. Zhou Hei Ya International Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$125 Mil. Zhou Hei Ya International Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$4,304 Mil. Zhou Hei Ya International Holdings Co's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 Zhou Hei Ya International Holdings Co's Debt-to-Equity or its related term are showing as below:

HKSE:01458' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.04   Max: 0.51
Current: 0.07

During the past 11 years, the highest Debt-to-Equity Ratio of Zhou Hei Ya International Holdings Co was 0.51. The lowest was 0.00. And the median was 0.04.

HKSE:01458's Debt-to-Equity is ranked better than
84.87% of 1646 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs HKSE:01458: 0.07

Zhou Hei Ya International Holdings Co Debt-to-Equity Historical Data

The historical data trend for Zhou Hei Ya International 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.

Zhou Hei Ya International Holdings Co Debt-to-Equity Chart

Zhou Hei Ya International Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.51 0.39 0.23 0.07

Zhou Hei Ya International Holdings Co Semi-Annual Data
Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.46 0.23 0.16 0.07

Competitive Comparison of Zhou Hei Ya International Holdings Co's Debt-to-Equity

For the Packaged Foods subindustry, Zhou Hei Ya International 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.


Zhou Hei Ya International Holdings Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhou Hei Ya International Holdings Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhou Hei Ya International Holdings Co's Debt-to-Equity falls into.



Zhou Hei Ya International Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhou Hei Ya International Holdings Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Zhou Hei Ya International Holdings Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Zhou Hei Ya International Holdings Co  (HKSE:01458) 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.


Zhou Hei Ya International Holdings Co Debt-to-Equity Related Terms

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Zhou Hei Ya International Holdings Co (HKSE:01458) Business Description

Traded in Other Exchanges
Address
No. 8-1 Huitong Road Zoumaling, Dongxihu District, Hubei Province, Wuhan, CHN, 430040
Zhou Hei Ya International Holdings Company Limited is a China-based investment holding company. The Company, along with its subsidiaries, is principally engaged in the production, marketing and retailing of casual braised duck-related casual food. The Company mainly sells its products under the brand name of Zhou Hei Ya. Its products mainly include ducks and duck part products, braised red meat, braised vegetable products and other braised poultry. The Company mainly operates its business in domestic market, with Central China and Southern China as its major markets.
Executives
Healthy Origin Holdings Limited 2101 Beneficial owner
Tang Jianfang 2307 Founder of a discretionary trust who can infl
Zhou Fuyu 2202 Interest of your spouse
Cantrust (far East) Limited 2301 Trustee
Zhy X Holdings Co., Limited 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
Credit Suisse Group Ag 2201 Interest of corporation controlled by you
Tang Jianfang 2307 Founder of a discretionary trust who can infl
Zhy Holdings Iv Company Limited 2101 Beneficial owner

Zhou Hei Ya International Holdings Co (HKSE:01458) Headlines

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