Zhongguancun Science-Tech Leasing Co (HKSE:01601) Debt-to-Equity : 3.42 (As of Dec. 2023)

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What is Zhongguancun Science-Tech Leasing Co Debt-to-Equity?

Zhongguancun Science-Tech Leasing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.0 Mil. Zhongguancun Science-Tech Leasing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8,967.6 Mil. Zhongguancun Science-Tech Leasing Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,625.3 Mil. Zhongguancun Science-Tech Leasing Co's debt to equity for the quarter that ended in Dec. 2023 was 3.42.

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 Zhongguancun Science-Tech Leasing Co's Debt-to-Equity or its related term are showing as below:

HKSE:01601' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.22 Med: 2.98 Max: 4.82
Current: 3.42

During the past 8 years, the highest Debt-to-Equity Ratio of Zhongguancun Science-Tech Leasing Co was 4.82. The lowest was 2.22. And the median was 2.98.

HKSE:01601's Debt-to-Equity is ranked worse than
79.77% of 430 companies
in the Credit Services industry
Industry Median: 1.17 vs HKSE:01601: 3.42

Zhongguancun Science-Tech Leasing Co Debt-to-Equity Historical Data

The historical data trend for Zhongguancun Science-Tech Leasing 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.

Zhongguancun Science-Tech Leasing Co Debt-to-Equity Chart

Zhongguancun Science-Tech Leasing Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.07

2.56

2.89

3.19

3.42

Zhongguancun Science-Tech Leasing Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									2.89	2.79	3.19	3.18	3.42

Competitive Comparison of Zhongguancun Science-Tech Leasing Co's Debt-to-Equity

For the Credit Services subindustry, Zhongguancun Science-Tech Leasing 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.

Zhongguancun Science-Tech Leasing Co's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Zhongguancun Science-Tech Leasing Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zhongguancun Science-Tech Leasing Co's Debt-to-Equity falls into.

Zhongguancun Science-Tech Leasing Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zhongguancun Science-Tech Leasing Co'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
	=	(0	+	8967.596)	/	2625.33
	=	3.42

Zhongguancun Science-Tech Leasing Co'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
	=	(0	+	8967.596)	/	2625.33
	=	3.42

Zhongguancun Science-Tech Leasing Co (HKSE:01601) 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.

Zhongguancun Science-Tech Leasing Co Debt-to-Equity Related Terms

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

Zhongguancun Science-Tech Leasing Co (HKSE:01601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Zhongguancun Science-Tech Leasing Co Ltd (HKSE:01601) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 West Third Ring North Road, Floor 5 & 6, Suite 7, Courtyard 2, Haidian District, Beijing, CHN, 100081

Website

https://www.zgclease.com

Zhongguancun Science-Tech Leasing Co Ltd is engaged in the provision of finance leases and related consulting services across the People's Republic of China. The company offers finance lease solutions and advisory services to technology and new economy companies in the following five industries: big data, eco-solutions, life sciences & healthcare, intelligent manufacturing, and internet-based products & services.

Executives

Modern Orient Limited	2201 Interest of corporation controlled by you
Zhong Guan Cun Fa Zhan Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zgc International Holding Limited	2101 Beneficial owner
Beijing Enterprises Water Group Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Investments Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Group Company Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Group (bvi) Company Limited	2201 Interest of corporation controlled by you
China Communications Construction Group Limited	2201 Interest of corporation controlled by you
Cccg (hk) Holding Limited	2101 Beneficial owner
Superior Far East International Holdings Limited	2201 Interest of corporation controlled by you
Jia He Kong Gu You Xian Gong Si	2101 Beneficial owner
Hu Dao Sheng	2201 Interest of corporation controlled by you
Song Zuowen	2201 Interest of corporation controlled by you
Nan Shan Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

Zhongguancun Science-Tech Leasing Co (HKSE:01601) Headlines

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