YCIH Green High-Performance Concrete Co (HKSE:01847) Debt-to-Equity : 0.37 (As of Dec. 2023)

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What is YCIH Green High-Performance Concrete Co Debt-to-Equity?

YCIH Green High-Performance Concrete Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$440 Mil. YCIH Green High-Performance Concrete Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$65 Mil. YCIH Green High-Performance Concrete Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,356 Mil. YCIH Green High-Performance Concrete Co's debt to equity for the quarter that ended in Dec. 2023 was 0.37.

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 YCIH Green High-Performance Concrete Co's Debt-to-Equity or its related term are showing as below:

HKSE:01847' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.17 Max: 0.37
Current: 0.37

During the past 8 years, the highest Debt-to-Equity Ratio of YCIH Green High-Performance Concrete Co was 0.37. The lowest was 0.12. And the median was 0.17.

HKSE:01847's Debt-to-Equity is ranked better than
51.55% of 355 companies
in the Building Materials industry
Industry Median: 0.38 vs HKSE:01847: 0.37

YCIH Green High-Performance Concrete Co Debt-to-Equity Historical Data

The historical data trend for YCIH Green High-Performance Concrete 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.

YCIH Green High-Performance Concrete Co Debt-to-Equity Chart

YCIH Green High-Performance Concrete Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.15

0.20

0.28

0.37

YCIH Green High-Performance Concrete Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.20	0.29	0.28	0.30	0.37

Competitive Comparison of YCIH Green High-Performance Concrete Co's Debt-to-Equity

For the Building Materials subindustry, YCIH Green High-Performance Concrete 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.

YCIH Green High-Performance Concrete Co's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, YCIH Green High-Performance Concrete Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where YCIH Green High-Performance Concrete Co's Debt-to-Equity falls into.

YCIH Green High-Performance Concrete Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

YCIH Green High-Performance Concrete 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
	=	(439.931	+	64.899)	/	1355.913
	=	0.37

YCIH Green High-Performance Concrete 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
	=	(439.931	+	64.899)	/	1355.913
	=	0.37

YCIH Green High-Performance Concrete Co (HKSE:01847) 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.

YCIH Green High-Performance Concrete Co Debt-to-Equity Related Terms

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YCIH Green High-Performance Concrete Co (HKSE:01847) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » YCIH Green High-Performance Concrete Co Ltd (HKSE:01847) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

188 Linxi Road, 5th Floor and 9th Floor, YCIH Development Building, Information Industrial Base, Yunnan, Economic and Technological Development Zone, Kunming, CHN

Website

https://www.ynhnt.com

YCIH Green High-Performance Concrete Co Ltd is a ready-mixed concrete producer in China. It produces and supplies ready-mixed concrete and related construction materials as well as provides quality and technology management services to customers. The company generates revenue in the form of the sale of ready-mixed concrete, polycarboxylic admixtures, aggregates, and Quality & technology management service. All of its revenues come from Mainland China.

Executives

Hwabao Trust Co., Ltd	2301 Trustee
Hua An Ji Jin Yun Nan Jiao Tou Tou Zi Dan Yi Zi Chan Guan Li Ji Hua	2501 Other
Yun Nan Sheng Jiao Tong Tou Zi Jian She Ji Tuan You Xian Gong Si
Yun Nan Jiao Tou Ji Tuan Tou Zi You Xian Gong Si	2101 Beneficial owner
Hua An Ji Jin Yun Nong Ken Dan Yi Zi Chan Guan Li Ji Hua	2501 Other
Yun Nan Nong Ken Ji Tuan You Xian Ze Ren Gong Si	2101 Beneficial owner
Kun Ming Gang Tie Kong Gu You Xian Gong Si	2101 Beneficial owner
Yun Nan Sheng Gong Ye Tou Zi Kong Gu Ji Tuan You Xian Ze Ren Gong Si	2101 Beneficial owner
Hua An Ji Jin Guan Li You Xian Gong Si	2501 Other
Yunnan Provincial Energy Investment Group Co., Ltd	2201 Interest of corporation controlled by you
Yunnan Energy Investment (h K) Co. Limited	2101 Beneficial owner
China Resources (holdings) Company Limited	2201 Interest of corporation controlled by you
Zoomlion International Trading (h.k.) Co.,limited	2101 Beneficial owner
Zoomlion Heavy Industry Science And Technology Co.,limited	2201 Interest of corporation controlled by you
Zoomlion H.k. Holding Co., Limited	2201 Interest of corporation controlled by you

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