China Science and Education Industry Group (HKSE:01756) Debt-to-Equity : 0.59 (As of Aug. 2024)

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What is China Science and Education Industry Group Debt-to-Equity?

China Science and Education Industry Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was HK$318 Mil. China Science and Education Industry Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was HK$2,124 Mil. China Science and Education Industry Group's Total Stockholders Equity for the quarter that ended in Aug. 2024 was HK$4,165 Mil. China Science and Education Industry Group's debt to equity for the quarter that ended in Aug. 2024 was 0.59.

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 Science and Education Industry Group's Debt-to-Equity or its related term are showing as below:

HKSE:01756' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 0.71 Max: 1.16
Current: 0.59

During the past 8 years, the highest Debt-to-Equity Ratio of China Science and Education Industry Group was 1.16. The lowest was 0.59. And the median was 0.71.

HKSE:01756's Debt-to-Equity is ranked worse than
65.52% of 232 companies
in the Education industry
Industry Median: 0.305 vs HKSE:01756: 0.59

China Science and Education Industry Group Debt-to-Equity Historical Data

The historical data trend for China Science and Education Industry Group'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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China Science and Education Industry Group Debt-to-Equity Chart

China Science and Education Industry Group Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Debt-to-Equity

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0.66

0.86

0.85

0.73

0.59

China Science and Education Industry Group Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Debt-to-Equity	Get a 7-Day Free Trial									0.85	0.79	0.73	0.63	0.59

Competitive Comparison of China Science and Education Industry Group's Debt-to-Equity

For the Education & Training Services subindustry, China Science and Education Industry Group'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 Science and Education Industry Group's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Science and Education Industry Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where China Science and Education Industry Group's Debt-to-Equity falls into.

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China Science and Education Industry Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Science and Education Industry Group's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(317.828	+	2124.096)	/	4164.577
	=	0.59

China Science and Education Industry Group's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(317.828	+	2124.096)	/	4164.577
	=	0.59

China Science and Education Industry Group (HKSE:01756) 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 Science and Education Industry Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Science and Education Industry Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

China Science and Education Industry Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Science and Education Industry Group Ltd (HKSE:01756) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 11 Huali Road, The Administration Building of Guangzhou, Huali Science and Technology Town, Zengcheng District, Guangzhou, Guangdong, CHN

Website

https://www.cseindustry.com

China Science and Education Industry Group Ltd formerly China Vocational Education Holdings Ltd is a provider of private higher education and vocational education offering applied science-focused and practice-oriented programs. Its schools offer private higher education and private vocational education in fields of applied sciences to prepare students with the necessary knowledge base, skill sets, and accreditations to secure jobs and pursue careers in particular professions, trades, and industries.

Executives

Zhang Yude	2305 Beneficiary of a trust
51job, Inc	2101 Beneficial owner
Hl-diamond Limited	2201 Interest of corporation controlled by you
Huali Education Holdings Limited	2101 Beneficial owner
Zhang Zhifeng	2307 Founder of a discretionary trust who can infl
Ubs Trustees (b.v.i.) Limited	2301 Trustee

China Science and Education Industry Group Headlines

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