Sinohope Technology Holdings (HKSE:01611) Debt-to-Equity : 0.02 (As of Sep. 2024)

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What is Sinohope Technology Holdings Debt-to-Equity?

Sinohope Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$3 Mil. Sinohope Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$2 Mil. Sinohope Technology Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$282 Mil. Sinohope Technology Holdings's debt to equity for the quarter that ended in Sep. 2024 was 0.02.

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

HKSE:01611' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 1.27 Max: 4.37
Current: 0.02

During the past 12 years, the highest Debt-to-Equity Ratio of Sinohope Technology Holdings was 4.37. The lowest was 0.02. And the median was 1.27.

HKSE:01611's Debt-to-Equity is ranked better than
92% of 600 companies
in the Capital Markets industry
Industry Median: 0.29 vs HKSE:01611: 0.02

Sinohope Technology Holdings Debt-to-Equity Historical Data

The historical data trend for Sinohope Technology 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.

Sinohope Technology Holdings Debt-to-Equity Chart

Sinohope Technology Holdings Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Debt-to-Equity

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2.77

1.25

4.37

2.26

0.02

Sinohope Technology Holdings Semi-Annual Data
	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															4.37	-5.47	2.26	-	0.02

Competitive Comparison of Sinohope Technology Holdings's Debt-to-Equity

For the Capital Markets subindustry, Sinohope Technology 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.

Sinohope Technology Holdings's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sinohope Technology Holdings's Debt-to-Equity distribution charts can be found below:

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

Sinohope Technology Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sinohope Technology Holdings's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(2.718	+	2.148)	/	281.909
	=	0.02

Sinohope Technology Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2.718	+	2.148)	/	281.909
	=	0.02

Sinohope Technology Holdings (HKSE:01611) 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.

Sinohope Technology Holdings Debt-to-Equity Related Terms

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

Sinohope Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sinohope Technology Holdings Ltd (HKSE:01611) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Queen\'s Road Central, 7th Floor, Unit 702-3, Central, Hong Kong, HKG

Website

https://www.sinohope.com

Sinohope Technology Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in the provision of technology solution services, and a variety of services in the virtual asset ecosystem, such as asset management, trust and custodian business, and cryptocurrency trading. Its product and service offerings include; MPC wallet, Full custody wallet, Web3 solutions, and others. The company principally operates in one business segment, which is the virtual assets ecosystem. A majority of its revenue is derived from its cryptocurrency trading operations. Geographically, the company's operations are mainly located in the People's Republic of China including the Hong Kong Special Administrative Region.

Executives

Avenir View Limited	2201 Interest of corporation controlled by you
Avenir Investment Holdings Limited	2201 Interest of corporation controlled by you
Li Lin	2201 Interest of corporation controlled by you
Avenir Holdings Limited	2101 Beneficial owner
Snp China Enterprises Limited	2201 Interest of corporation controlled by you
Avenir Investment Limited	2101 Beneficial owner
Shen Nan Peng	2201 Interest of corporation controlled by you
Hsg Venture Iv Management, L.p.	2201 Interest of corporation controlled by you
Hsg Cv Iv Senior Holdco, Ltd.	2201 Interest of corporation controlled by you
Hsg Cv Iv Holdco, Ltd.	2101 Beneficial owner
Avenir Capital Inc.	2101 Beneficial owner
Hongshan Capital Venture Fund Iv, L.p.	2201 Interest of corporation controlled by you
Du Jun	2101 Beneficial owner
Hsg Holding Limited	2201 Interest of corporation controlled by you
Avenir Cayman Holding Limited	2101 Beneficial owner

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