China Leon Inspection Holding (HKSE:01586) Debt-to-Equity : 0.23 (As of Jun. 2024)

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What is China Leon Inspection Holding Debt-to-Equity?

China Leon Inspection Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$71 Mil. China Leon Inspection Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$37 Mil. China Leon Inspection Holding's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$467 Mil. China Leon Inspection Holding's debt to equity for the quarter that ended in Jun. 2024 was 0.23.

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 Leon Inspection Holding's Debt-to-Equity or its related term are showing as below:

HKSE:01586' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.33 Max: 0.82
Current: 0.23

During the past 11 years, the highest Debt-to-Equity Ratio of China Leon Inspection Holding was 0.82. The lowest was 0.06. And the median was 0.33.

HKSE:01586's Debt-to-Equity is ranked better than
61.38% of 914 companies
in the Business Services industry
Industry Median: 0.38 vs HKSE:01586: 0.23

China Leon Inspection Holding Debt-to-Equity Historical Data

The historical data trend for China Leon Inspection Holding'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.

China Leon Inspection Holding Debt-to-Equity Chart

China Leon Inspection Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.43

0.24

0.36

0.34

0.37

China Leon Inspection Holding Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.32	0.34	0.27	0.37	0.23

Competitive Comparison of China Leon Inspection Holding's Debt-to-Equity

For the Specialty Business Services subindustry, China Leon Inspection Holding'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 Leon Inspection Holding's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Leon Inspection Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Leon Inspection Holding's Debt-to-Equity falls into.

China Leon Inspection Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Leon Inspection Holding'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
	=	(115.005	+	43.792)	/	424.501
	=	0.37

China Leon Inspection Holding'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
	=	(70.714	+	36.897)	/	466.834
	=	0.23

China Leon Inspection Holding (HKSE:01586) 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 Leon Inspection Holding Debt-to-Equity Related Terms

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China Leon Inspection Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Leon Inspection Holding Ltd (HKSE:01586) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Canton Road, Suite 1015, 10th floor, Ocean Centre, Tsim Sha Tsui, Kowloon, Harbour, HKG

Website

http://www.leontest.com

China Leon Inspection Holding Ltd is a coal testing inspection services provider. Its business scope includes Testing services, Surveying services, Witnessing and Ancillary services, and technical and consulting services. Testing services focus on the quality assurance of coal; Surveying services include a draft survey to determine or verify the coal quantity, and it also provides witnessing services by observing testing and inspection activities conducted by the counterparties of its customers to detect dishonesty or abnormality. It operates in Mainland China, Indonesia, and other countries, from which it generates the majority of its revenue from Mainland China.

Executives

Li Xiangli	2103 Interests held jointly with another person
Liu Yi	2101 Beneficial owner
Wei Yajuan	2202 Interest of your spouse
Zhang Aiying	2103 Interests held jointly with another person
Leon Cornerstone Investment Holding Limited	2101 Beneficial owner
Liu Yi	2101 Beneficial owner
Liu Yi	2103 Interests held jointly with another person
Asian Equity Special Opportunities Portfolio Master Fund Limited	2101 Beneficial owner
Rays Capital Partners Limited	2102 Investment manager
Ruan David Ching Chi	2201 Interest of corporation controlled by you
Swan Stone Investment Holding Limited	2101 Beneficial owner
Hawk Flying Investment Holding Limited	2101 Beneficial owner

China Leon Inspection Holding Headlines

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