Postalvings Bank Of China Co (HKSE:01658) Debt-to-Equity : 0.28 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Postalvings Bank Of China Co Debt-to-Equity?

Postalvings Bank Of China Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. Postalvings Bank Of China Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$295,764 Mil. Postalvings Bank Of China Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,044,420 Mil. Postalvings Bank Of China Co's debt to equity for the quarter that ended in Dec. 2023 was 0.28.

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 Postalvings Bank Of China Co's Debt-to-Equity or its related term are showing as below:

HKSE:01658' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.16 Max: 0.28
Current: 0.28

During the past 9 years, the highest Debt-to-Equity Ratio of Postalvings Bank Of China Co was 0.28. The lowest was 0.09. And the median was 0.16.

HKSE:01658's Debt-to-Equity is ranked better than
75.22% of 1392 companies
in the Banks industry
Industry Median: 0.68 vs HKSE:01658: 0.28

Postalvings Bank Of China Co Debt-to-Equity Historical Data

The historical data trend for Postalvings Bank Of China 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.

Postalvings Bank Of China Co Debt-to-Equity Chart

Postalvings Bank Of China Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.19

0.10

0.12

0.14

0.28

Postalvings Bank Of China Co Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.35	0.47	0.28	N/A

Competitive Comparison of Postalvings Bank Of China Co's Debt-to-Equity

For the Banks - Regional subindustry, Postalvings Bank Of China 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.

Postalvings Bank Of China Co's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Postalvings Bank Of China Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Postalvings Bank Of China Co's Debt-to-Equity falls into.

Postalvings Bank Of China Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Postalvings Bank Of China 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	+	295764.373)	/	1044419.926
	=	0.28

Postalvings Bank Of China 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	+	295764.373)	/	1044419.926
	=	0.28

Postalvings Bank Of China Co (HKSE:01658) 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.

Postalvings Bank Of China Co Debt-to-Equity Related Terms

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

Postalvings Bank Of China Co (HKSE:01658) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Postal Savings Bank Of China Co Ltd (HKSE:01658) » Definitions » Debt-to-Equity

Traded in Other Exchanges

PSBKF:USA PSTVY:USA 3YB:Germany 601658:China

Address

248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wan Chai, Hong Kong, HKG

Website

https://www.psbc.com

Postal Savings Bank of China is headquartered in Beijing. The bank is the fifth-largest commercial bank in China by deposits. The bank was established in 2007 as the postal savings and remittance business of its parent, China Post Group. The bank completed its joint-stock reform in 2012. The bank got listed on Hong Kong and Shanghai stock exchanges in 2016 and 2019 respectively. It boasts over 500 million individual customers and more than 40,000 outlets, which are among the largest customer bases and distribution networks in China.

Postalvings Bank Of China Co (HKSE:01658) Headlines

No Headlines