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Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Debt-to-Equity : 0.18 (As of Dec. 2023)


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What is Xiamen Yan Palace Birds Nest Industry Co Debt-to-Equity?

Xiamen Yan Palace Birds Nest Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$29 Mil. Xiamen Yan Palace Birds Nest Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$122 Mil. Xiamen Yan Palace Birds Nest Industry Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$842 Mil. Xiamen Yan Palace Birds Nest Industry Co's debt to equity for the quarter that ended in Dec. 2023 was 0.18.

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 Xiamen Yan Palace Birds Nest Industry Co's Debt-to-Equity or its related term are showing as below:

HKSE:01497' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.14   Max: 0.44
Current: 0.18

During the past 4 years, the highest Debt-to-Equity Ratio of Xiamen Yan Palace Birds Nest Industry Co was 0.44. The lowest was 0.06. And the median was 0.14.

HKSE:01497's Debt-to-Equity is ranked better than
69.7% of 1650 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs HKSE:01497: 0.18

Xiamen Yan Palace Birds Nest Industry Co Debt-to-Equity Historical Data

The historical data trend for Xiamen Yan Palace Birds Nest Industry 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.

Xiamen Yan Palace Birds Nest Industry Co Debt-to-Equity Chart

Xiamen Yan Palace Birds Nest Industry Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.44 0.10 0.06 0.18

Xiamen Yan Palace Birds Nest Industry Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Debt-to-Equity 0.44 0.10 0.06 0.18

Competitive Comparison of Xiamen Yan Palace Birds Nest Industry Co's Debt-to-Equity

For the Packaged Foods subindustry, Xiamen Yan Palace Birds Nest Industry 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.


Xiamen Yan Palace Birds Nest Industry Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Xiamen Yan Palace Birds Nest Industry Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Xiamen Yan Palace Birds Nest Industry Co's Debt-to-Equity falls into.



Xiamen Yan Palace Birds Nest Industry Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xiamen Yan Palace Birds Nest Industry Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Xiamen Yan Palace Birds Nest Industry 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.


Xiamen Yan Palace Birds Nest Industry Co  (HKSE:01497) 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.


Xiamen Yan Palace Birds Nest Industry Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Xiamen Yan Palace Birds Nest Industry Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Qianpu Road, 22/F, Caizihui No. 188, Siming District, Fujian Province, Xiamen City, CHN
Xiamen Yan Palace Birds Nest Industry Co Ltd is engaged in the development, production, and marketing of Edible bird's nest (EBN) products. It is a natural health delicacy product with various perceived health benefits and nutritional value. Its product includes One Nest, Freshly Stewed Bird's Nest, Crystal Sugar Bird's Nest, and Dried EBN.
Executives
Yang Lei
Xia Men Guang Yao Tian Xiang Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Guang Yao Tian Xiang Tou Zi You Xian Gong Si
Shan Nan Yan Shi Chuang Ye Tou Zi You Xian Gong Si
Bei Jing Yan Shi Tou Zi Guan Li Zhong Xin You Xian He Huo
Bei Jing Hong Yan Gu Quan Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner
Xia Men Jin Yan Lai Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Shi Shuang Dan Ma Shi Ye Fa Zhan You Xian Gong Si
Hu Qiaohong 2101 Beneficial owner
Huang Jian
Wang Jinghui
Wang Junjie
Wang Yalong
Liu Zhen 2201 Interest of corporation controlled by you
Zheng Wenbin

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Headlines

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