Man Shun Group (Holdings) (HKSE:01746) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Man Shun Group (Holdings) Debt-to-Equity?

Man Shun Group (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.0 Mil. Man Shun Group (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.5 Mil. Man Shun Group (Holdings)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$151.8 Mil. Man Shun Group (Holdings)'s debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Man Shun Group (Holdings)'s Debt-to-Equity or its related term are showing as below:

HKSE:01746' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.54
Current: 0.01

During the past 9 years, the highest Debt-to-Equity Ratio of Man Shun Group (Holdings) was 0.54. The lowest was 0.01. And the median was 0.02.

HKSE:01746's Debt-to-Equity is ranked better than
99.93% of 1515 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:01746: 0.01

Man Shun Group (Holdings) Debt-to-Equity Historical Data

The historical data trend for Man Shun Group (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.

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Man Shun Group (Holdings) Debt-to-Equity Chart

Man Shun Group (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.01

Man Shun Group (Holdings) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Man Shun Group (Holdings)'s Debt-to-Equity

For the Engineering & Construction subindustry, Man Shun Group (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.

Man Shun Group (Holdings)'s Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Man Shun Group (Holdings)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Man Shun Group (Holdings)'s Debt-to-Equity falls into.

Man Shun Group (Holdings) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Man Shun Group (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
	=	(1.029	+	0.484)	/	151.828
	=	0.01

Man Shun Group (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
	=	(1.029	+	0.484)	/	151.828
	=	0.01

Man Shun Group (Holdings) (HKSE:01746) 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.

Man Shun Group (Holdings) Debt-to-Equity Related Terms

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

Man Shun Group (Holdings) (HKSE:01746) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Man Shun Group (Holdings) Ltd (HKSE:01746) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nos. 23-39 Pak Tin Par Street, Room 1908, 19th Floor, Cheung Fung Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

https://www.manshungroup.com.hk

Man Shun Group (Holdings) Ltd is an engineering and construction service provider in Hong Kong. It mainly provides HVAC electrical and mechanical (E and M) engineering services for new residential property development projects through installation services only. HVAC E and M engineering services typically involve the installation of HVAC systems, which refers to heat, ventilation and air-conditioning systems.

Man Shun Group (Holdings) (HKSE:01746) Headlines

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