Weiye Holdings (HKSE:01570) Debt-to-Equity : 0.63 (As of Dec. 2023)

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What is Weiye Holdings Debt-to-Equity?

Weiye Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$548 Mil. Weiye Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$338 Mil. Weiye Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,410 Mil. Weiye Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

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

HKSE:01570' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 1.44 Max: 2.57
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Weiye Holdings was 2.57. The lowest was 0.62. And the median was 1.44.

HKSE:01570's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.76 vs HKSE:01570: 0.63

Weiye Holdings Debt-to-Equity Historical Data

The historical data trend for Weiye 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.

* Premium members only.

Weiye Holdings Debt-to-Equity Chart

Weiye Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.66

1.35

1.13

0.62

0.63

Weiye Holdings 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															1.13	0.70	0.62	0.63	0.63

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

For the Real Estate - Development subindustry, Weiye 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.

Weiye Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Weiye Holdings's Debt-to-Equity distribution charts can be found below:

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

Weiye Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Weiye 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
	=	(548.238	+	337.927)	/	1410.243
	=	0.63

Weiye Holdings'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
	=	(548.238	+	337.927)	/	1410.243
	=	0.63

Weiye Holdings (HKSE:01570) 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.

Weiye Holdings Debt-to-Equity Related Terms

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

Weiye Holdings (HKSE:01570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Weiye Holdings Ltd (HKSE:01570) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Zhengkai Avenue, 19th Floor, Building A, Intersection of Yanqqiao Road, Henan Province, Zhengzhou, CHN

Website

http://www.weiyeholdings.com

Weiye Holdings Ltd is an investment holding company. The company operates in two segments: Property development and Equipment manufacturing. The majority of its revenue comes from the Property development segment, which includes the development and sales of both commercial and residential property units, construction of resettlement houses in the PRC, and the leasing of investment properties to generate rental income and derive capital gains from the investment properties in the long term. The company's geographical segments are China, Singapore, and Others, of which nearly all of its revenue comes from China.

Executives

Ca Indosuez (switzerland) Sa, Singapore Branch	2302 Custodian
Fine Skill Holdings Limited	2101 Beneficial owner
Zhang Wei	2101 Beneficial owner
Chen Zhi Yong

Weiye Holdings (HKSE:01570) Headlines

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